Global Ship Lease Secures $1 Billion Loan To Finance 15 New Containerships
The 15 ships are part of a newbuilding order announced in June 2026. Deliveries are scheduled to begin in the fourth quarter of 2028.
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Only 273 Ships Sold For Scrap In 9 Months As Record Freight Rates Keep Old Vessels Sailing
Ship recycling fell by 13% in the first nine months of 2026 as shipowners continued to use older vessels instead of selling them for scrap.
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World’s Largest Diesel Reformer Fuel Cell System Generates 25 Kilowatts Of Power For Ships
The technology was developed by the Fraunhofer Institute for Microengineering and Microsystems (IMM) in Mainz, Germany.
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Seafarer Injured In Ship Engine Room Fire Airlifted 44 Nautical Miles Off Oman
Oman evacuated an injured crew member from a merchant ship after a fire broke out in its engine room off the country’s coast.
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Panama Starts Removing 3 Tankers From Its Registry After U.S. Sanctions Over Iranian Oil
The Panama Maritime Authority said it had restricted Bitu, Starway and Mackerel in its system and started proceedings to cancel their registrations.
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First-of-Its-Kind Battery-First Offshore Wind Vessel Launched In Spain
Bibby Marine launched first-of-a-kind eCSOV (electric commissioning service operation vessel), Staffordshire, at the Armon Shipyard in Vigo, Spain.
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Two Ships Hit By Drones Off Bulgaria, One Sinks In Second Such Attack In A Week
The Ukrainian-owned ship Chelsea 3, which sails under the Maltese flag, was hit by three drones off the Bulgarian coast.
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China Merchants Energy Shipping Partners With RINA To Explore AI-Driven Ship Operations
China Merchants Energy Shipping and RINA have signed an MoU to collaborate on maritime safety, digitalisation, AI, emissions management and emerging shipping technologies.
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A 230 Guest Expedition Ship Becomes The Largest Cruise Vessel Ever To Call At Ipswich
The Port of Ipswich welcomed its largest-ever cruise visit as Hapag-Lloyd Cruises’ HANSEATIC spirit arrived on 3 October.
