U.S. Firm Wins $450M Contract for Iraq’s First Floating LNG Terminal

Excelerate Energy, a Texas-based liquefied natural gas (LNG) company, has secured a contract worth approximately $450 million to develop and operate Iraq’s first floating...

Dry Bulk Market Faces Headwinds Amid Trade Policy Shifts and Sluggish...

Breakwave Advisors, in its latest Weekly Outlook, reports that evolving global trade policies continue to steer sentiment across the dry bulk sector, as freight...

Record-Breaking Hurricane Melissa Devastates the Caribbean

Hurricane Melissa, one of the strongest storms ever recorded in the Atlantic, made landfall in southwestern Jamaica on October 28, 2025, bringing winds of...

Global Container Schedule Reliability Levels Off at Just Above 65%

Sea-Intelligence reports that as of September 2025, global liner schedule reliability hit 65.2 %, marking only a marginal month-on-month improvement of 0.1 percentage points....

Shipping Caught in the Crossfire of a New Geopolitical Order

US Pressure Campaign Derails IMO Decarbonisation Deal. Fragmented Europe Outplayed by US and Saudi Delegations. Shipping Faces New Age of Geopolitical Power Struggles. The...

Heightened Security In The Caribbean U.S. Naval Movements Raise Maritime Risk...

This week has seen a marked escalation in maritime security activity across the Caribbean, with the deployment of major U.S. naval assets and growing...

Unseen Hazards Below Deck: The Fatal Cost of Skipped Checks

The Japan Transport Safety Board (JTSB) has released report MA2025-4, detailing a fatal incident that occurred in May 2024 aboard a bulk carrier moored...

ABB To Power Seven All-Electric Ferries For Scotland’s CMAL With Advanced...

ABB has secured a major contract from Poland’s Remontowa Shipbuilding S.A. to supply power distribution and propulsion systems for seven new all-electric ferries being...

PIL Names Eco-Efficient Vessel Kota Orkid, Strengthening Its Green Fleet Expansion

Pacific International Lines (PIL) has marked another milestone in its sustainability journey with the naming of its newbuild vessel, Kota Orkid. The ceremony took...

Russia-Bound LPG Tanker Engages In AIS Spoofing To Conceal Cargo Loading...

A Russia-bound LPG tanker sailing toward the Baltic port of Ust-Luga reportedly falsified its location for 10 days in the Gulf of Finland to...