Sam Chambers

The Panama Canal Authority is cutting daily booking capacity as concerns grow that a developing El Niño weather pattern could once again squeeze water supplies and disrupt one of global shipping's most important chokepoints.

The US Maritime Administration is set to sign a landmark agreement with the Port of Long Beach to explore small modular reactors for commercial ships and other port applications, pushing nuclear propulsion further into the mainstream maritime debate. The agreement, due to be signed in Washington on Wednesday, is the first of its kind between …

Samsung Heavy Industries has signed a memorandum of understanding with US nuclear engineering specialist Sargent & Lundy to accelerate development of a standardised floating small modular reactor platform. The agreement moves Samsung Heavy’s floating SMR programme beyond the conceptual design completed in 2025 and towards licensing, construction planning and commercial deployment. The partners will jointly …

The business of shipmanagement is moving beyond technical operations and cost control as owners increasingly look to managers for protection against geopolitical, regulatory, cyber and workforce risks, according to Bjorn Hojgaard, chief executive of Anglo-Eastern Univan Group, the world’s largest shipmanager. Writing in the latest edition of Anglo-Eastern’s in-house magazine, AE Foresights, Hojgaard argued that …

Fairfield Maritime Japan has secured a long-term charter from Finnish refiner Neste covering two ice-class MR product and chemical tankers scheduled for delivery in 2029. The agreement will allow Fairfield Maritime Japan to finance and manage construction of the two 50,000 dwt vessels at South Korea’s HD Hyundai. The ships are due to be handed …

Yemen's Houthi movement claimed to have struck two Saudi oil tankers in the Red Sea on Wednesday, the first attacks since the group declared a naval

Commercial shipping across the Black Sea is being squeezed from both directions as Russia steps up attacks on Ukrainian ports and vessels while Kyiv's drone campaign forces new restrictions at Russia's largest maritime gateways.

Another Chinese industrial group is moving into mainstream merchant shipbuilding, with Titan Wind Energy securing its first order for conventional crude oil tankers. The Suzhou-based renewable energy equipment manufacturer said its wholly owned offshore engineering subsidiary had signed a contract with an undisclosed international shipowner for two firm 113,800 dwt tankers, with options for two …

DP World has confirmed plans for two major terminals on the UAE's east coast, creating new cargo-handling capacity outside the Strait of Hormuz as

A new ocean-going shipping company has been established in Dalian as the northeastern Chinese port city seeks to retain more value from locally generated cargo and build greater control over international transport capacity. Dalian Ocean Shipping Co was formally inaugurated on July 22 under the leadership of China Dalian International Economic & Technical Cooperation Group, …