“K” Line has taken delivery of Puteri Kelantan, a 174,000-cubic-metre LNG carrier built by Hudong-Zhonghua Shipbuilding in China, marking the third such vessel delivered for Petronas LNG in 2026. A fourth sister ship is scheduled to follow in November.
All 25 crew of the MSC Hermes III were safely rescued after abandoning the containership east of Vietnam, with the larger MSC Ruby recovering them from a lifeboat as Singapore’s MRCC coordinated the response.
Container schedule reliability sank to 29% on-time in August as the Far East–Europe trade cratered to pandemic-era lows, Xeneta reports, with typhoons, port congestion, and Red Sea disruptions compounding pressure ahead of peak season.
The Capesize bulker Cape Falcon remains stuck off Gladstone, Australia, four days after grounding near a bunkering anchorage, with tug efforts so far unsuccessful and a full safety investigation planned once it is freed.
Chinese seaborne coal volumes are falling but longer voyages are keeping dry bulk vessel demand resilient.
Maersk has confirmed orders for 26 large LNG dual-fuel containerships of 18,600 TEU each, ending days of speculation over a major fleet expansion. Deliveries are scheduled across 2029 and 2030, marking the carrier’s biggest newbuilding push after years of relatively restrained ordering.
The Dali casualty has become the largest single loss in P&I market history, with reserves now exceeding $2.8 billion, according to Gallagher Specialty. The claim has reached a layer of the International Group’s insurance structure never previously tested at this scale.
A converted Caspian Sea firefighting tug is now Canada’s first new large Great Lakes cutter in three decades.
Drought is squeezing Panama transits, but the southern route around South America carries its own hazards.
A $669 million public-private terminal north of Wilmington aims to more than double the port’s capacity by 2029.
