CS CHARA

Yangzijiang Maritime Development has ordered 24 vessels from various Chinese shipyards for delivery between 2028 and 2030, expanding its newbuild portfolio across bulk carriers, chemical and product tankers and large oil tankers.The new orders comprise six 64,500-dwt bulk carriers, six 49,800-dwt product oil and chemical tankers, four 28,000-dwt stainless steel chemical tankers, four 29,000-dwt stainless steel chemical tankers and four 319,000-dwt oil tankers.The bulk carriers and 319,000-dwt tankers are scheduled for delivery in 2029 and 2030, while the other tanker newbuilds are due between 2028 and 2030.

US Coast Guard and FBI personnel boarded two commercial vessels bound for the United States in the Gulf of Mexico last month after indications that hackers had broken into their computer networks.The unusual operation, carried out on August 21 and August 24 aboard two foreign-flagged ships, comes as US authorities grapple with a series of cyber incidents that media reports have linked to Iran since the outbreak of conflict between Washington and Tehran.The FBI said a joint Coast Guard-FBI team boarded the vessels after receiving "indications that the networks of both vessels were compromised.

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, against 93 last year. Allied Shipbroking recorded 164 VLCC orders, up from 83. A VLCC carries about two million barrels of oil.

The headline grabbing global attention is simple enough: a shipowner reportedly paid more than $5 million for a single Panama Canal transit slot. But that may only mark the start of an historic surge in shipping costs.The vessel was a liquefied petroleum gas (LPG) carrier operated for South Korea's SK Gas. The fee was not the canal toll itself, but an auction premium paid to secure passage through one of the world's most important maritime chokepoints.It surpassed earlier reported bids of roughly $4 million and stands as the latest symbol of how far shipping markets have been distorted by geopolitical disruptions.

The U.S. is expanding its icebreaking fleet to strengthen Arctic and domestic access, and support commercial shipping, seabed resources, subsea cables and fisheries. Current plans include 1–3 heavy Polar Security Cutters (PSCs), 11 medium Arctic Security Cutters (ASCs), seven Homeland Security Cutter (HSC) HSC-L (light) icebreakers, 11 HSC-Ms (medium) and one additional heavy HSC-H (heavy). But as delays and cost overruns on the Polar Security Cutter (PSC) Program shows, while major opportunities exist for the U.S. supply chain in icebreaking construction and sustainment, many challenges also exist with the complex projects.