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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…
https://www.marinelink.com/news/panama-canal-stress-worst-dead-ahead-543025
https://www.marinelink.com/news/panama-canal-stress-worst-dead-ahead-543025Indonesian rescuers plan to try to right a passenger ship that capsized in the Java Sea last weekend as persistent strong currents and big waves prevent them from making an underwater search of the overturned vessel for the 129 people still…
https://www.marinelink.com/news/rescuers-plan-right-capsized-ship-missing-543026
https://www.marinelink.com/news/rescuers-plan-right-capsized-ship-missing-543026Commodity vessel transits through the Strait of Hormuz dwindled to just three ships on Wednesday, down from 12 a day earlier and well below the 10-day average of about 17, preliminary ship-tracking data showed on Thursday.The figures exclude…
https://www.marinelink.com/news/strait-hormuz-vessel-traffic-slows-a-543027
https://www.marinelink.com/news/strait-hormuz-vessel-traffic-slows-a-543027Shipping Technology has launched ST Sailing Pro, an extension of its ST Sailing track pilot that now not only controls a vessel's steering, but also its propulsion. This is the next step in the company's roadmap towards autonomous sailing. In short…
https://www.marinelink.com/news/shipping-technology-launches-st-sailing-543037
https://www.marinelink.com/news/shipping-technology-launches-st-sailing-543037Saronic announced that it has been awarded a contract by the U.S. Navy to construct Landing Craft Utility (LCU) vessels, executed as a firm fixed-price agreement under an Other Transaction Authority (OTA) award. This will be the first build at Port Alpha…
https://www.marinelink.com/news/saronic-build-landing-craft-utility-543039
https://www.marinelink.com/news/saronic-build-landing-craft-utility-543039Today, Thursday, September 17 2026, the Baltic Dry Index climbed 9 points, 3336 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-3336-up-9-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-3336-up-9-points/Lloyd’s Register (LR), Seapeak, Kongsberg Maritime (KM), and Tunable have launched a new joint development project (JDP) to facilitate compliance and independently verify the accuracy of KM’s Continuous Emissions Monitoring System (CEMS), which incorporates Tunable’s gas analysis technology…
https://www.marinelink.com/news/partners-validate-kongsberg-maritime-543000
https://www.marinelink.com/news/partners-validate-kongsberg-maritime-543000K Shipbuilding Co., Ltd., Sejin Heavy Industries Co., Ltd. and ClassNK have signed an MOU (Memorandum of Understanding) regarding the joint development of a new generation Eco LPG carrier that complies with the IGC Code amendment. The signing ceremony was held at Gastech 2026 in Bangkok…
https://www.marinelink.com/news/k-shipbuilding-sejin-classnk-develop-eco-543002
https://www.marinelink.com/news/k-shipbuilding-sejin-classnk-develop-eco-543002Korean Register (KR) has granted Approval in Principle (AIP) to a newly developed 50,000-cbm LPG carrier, jointly designed with HD Hyundai Heavy Industries (HHI). The AIP was presented on September 16 at Gastech 2026 in Bangkok, Thailand.LPG…
https://www.marinelink.com/news/hd-hyundai-heavy-industries-receives-aip-543004
https://www.marinelink.com/news/hd-hyundai-heavy-industries-receives-aip-543004New analysis from Sofar Ocean finds that widely used marine forecasts can miss wave conditions associated with dangerous vessel rolling and cargo losses.Most forecasts tell ships how high waves will be, but height alone doesn't identify the impact on a ship.
https://www.marinelink.com/news/sofar-ocean-study-links-marine-forecast-543005
https://www.marinelink.com/news/sofar-ocean-study-links-marine-forecast-543005