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Disposing of the Dark Fleet as Sanctioned Ships Head to the Scrapyard

Disposing of the Dark Fleet as Sanctioned Ships Head to the Scrapyard

A series of tanker casualties, mounting environmental risks and an expanding sanctions regime are tightening the pressure on Russia's shadow fleet, signalling a coming surge in ship recycling. So far in 2026, some 26 ves…

Fri Aug 21 20268 min
HD Hyundai Eyes US Shipyard Acquisition to Boost MASGA Project

HD Hyundai Eyes US Shipyard Acquisition to Boost MASGA Project

South Korean shipbuilding giant HD Hyundai is weighing investments in US shipyards, including potential acquisition, to advance the Korea-US Shipbuilding Cooperation MASGA Project. In a stock exchange filing, the company…

Fri Aug 21 20268 min
Babcock and Danske Flådeskibe Sign Letter for Royal Danish Navy Frigates

Babcock and Danske Flådeskibe Sign Letter for Royal Danish Navy Frigates

Babcock and Danish naval consortium Danske Flådeskibe have signed a Letter of Collaboration to develop a joint UK-Danish industrial approach to potential new frigates for the Royal Danish Navy. Announced at DALO Industry…

Fri Aug 21 20267 min
Port of Corpus Christi Signs Agreement to Advance Nuclear Maritime Technology

Port of Corpus Christi Signs Agreement to Advance Nuclear Maritime Technology

The Port of Corpus Christi has signed a memorandum of cooperation with the US Maritime Administration to explore small modular reactor technology for maritime applications. The agreement aims to advance maritime energy s…

Fri Aug 21 20268 min
Bull and Bear Cases for LNG Shipping Rates as Downturn Continues

Bull and Bear Cases for LNG Shipping Rates as Downturn Continues

The LNG carrier charter market is undergoing a correction, with rates falling sharply from the highs seen during the early stages of the Middle East conflict. As of 16 August, Atlantic spot rates stood at around 40,000 d…

Thu Aug 20 20267 min
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