Shipowners have already ordered more than twice as many supertankers this year as in all of 2025, a buying spree worth over $20 billion that is the biggest for at least 25 years, as the US-Iran war redraws trade routes and boosts demand for long-haul crude shipments.Data from Signal Group, a shipping analytics platform, show 217 Very Large Crude Carriers ordered so far in 2026
A Quick Q&A with Port of the Future Founder and Event Director Kevin Clement on key differentiators and the value of attending, exhibiting and speaking at Port of the Future 2026:CLICK HERE to discover the conference line-up and to register for Port of the Future 2026 in Houston, March 23-25.Q: What inspired the creation of the Port of the Future Conference?The idea started in 2019 with Dr.
Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran conflict intensifies with Tehran attacking ships passing through the Strait of Hormuz.Shipping through the Strait between Iran and Oman, which carries around one-fifth of oil consumed globally as well as large quantities of liquefied natural gas
New analysis from Sofar Ocean finds that widely used marine forecasts can miss wave conditions associated with dangerous vessel rolling and cargo losses.Most forecasts tell ships how high waves will be, but height alone doesn't identify the impact on a ship. Wave period and direction, together with the vessel's heading, speed, and loading
Scottish maritime technology company Tymor Marine has completed a lightweight survey and inclining test aboard the Global Mercy using Tymor’s own digital survey technologies.With 7,000 square meters of medical facilities, six operating theatres and 200 hospital beds, the Global Mercy is the world's largest purpose-built civilian hospital ship.
Iranian Foreign Minister Abbas Araqchi said on Sunday a Ukrainian attack on an Iranian commercial vessel "cannot go unanswered".Iran said the attack in the Caspian Sea resulted in an explosion that killed one sailor and injured another.Araqchi made the comments in calls with EU foreign policy chief Kaja Kallas and Russian Foreign Minister Sergei Lavrov, Araqchi posted on X.
Three stranded supertankers passed through the Strait of Hormuz on Tuesday, while seven empty Qatar-linked liquefied natural gas tankers have entered in recent weeks in an early sign Gulf gas shipping may be resuming, ship-tracking data showed.Iranian-linked tankers also continued to transit the vital waterway, according to the data, with traffic picking up on Monday as U.S.-Iran talks progressed.
James Fisher and Sons has invested in U.S.-based autonomous marine technology company Ocean Aero, taking a strategic minority stake as part of Ocean Aero’s Series D funding round.The investment increases James Fisher’s exposure to autonomous and low-emission marine technology and supports the development and deployment of Ocean Aero’s Triton Autonomous Underwater and Surface Vehicle (AUSV)
Adm. Kevin E. Lunday will officially be sworn in as the 28th Commandant of the United States Coast Guard during an Assumption of Command Ceremony. The ceremony will be presided over by the Secretary of Homeland Security Kristi Noem.WHAT: Commandant’s assumption of command ceremonyWHEN: Thursday, January 15, 2026 at 11 a.m.
The U.S. Coast Guard announced the award of two contracts to build up to six Arctic Security Cutter (ASC) icebreakers between the United States and Finland..Contracts were awarded to Rauma Marine Constructions Oy of Rauma, Finland, and Bollinger Shipyards Lockport, L.L.C. of Lockport, Louisiana
On October 7, Damen Shipyards Group delivered its latest Combi Freighter (CF) 3850 to family owned German shipping company Reederei Gerdes. The delivery of the vessel, named Holger G, took place during a ceremony at the Bason Shipyard in Vietnam. The vessel is named Holger G. Damen’s CF 3850 represents the latest generation in the shipbuilder’s cargo vessel portfolio.
Christopher Ralph Lavers and Edmund G. R. Kraal have released a new edition of their volume 7 book, Advanced Electrotechnology for Marine Engineers - Reed's Marine Engineering and Technology Series. Copies can be purchased here.