Aug 28, 2026 — War risk insurance for southern Red Sea voyages jumped to over 1% of ship value after the Houthis declared a naval blockade on Saudi Arabia in July 2026.
Aug 28, 2026 — Washington’s 60-day Jones Act waiver reopens debate over US cabotage law as the domestic oceangoing fleet shrinks to 93 ships, down from 434 in 1950.
Aug 28, 2026 — A lounge-area fire aboard the newly launched cruise ship World Legacy killed one crew member and sent four passengers to hospital as the vessel neared Singapore.
Aug 28, 2026 — ReCAAP recorded 108 piracy and armed robbery incidents in the Malacca and Singapore Straits in 2025, a 19-year high, with hijackings resuming into early 2026.
Aug 28, 2026 — Two supertankers and an LNG carrier exited the Strait of Hormuz with AIS switched off before heading to India and China, a tracking gap tied to the growing shadow fleet.
Aug 28, 2026 — New megaprojects in India and a fast-expanding Colombo terminal are reshaping South Asia’s port map as India buys into Sri Lanka’s largest shipyard.