Analytics News
Lloyd's Register, OneOcean Report Warns Shipping Must Master Data to Remain Competitive
Shipping companies must improve how they collect, structure and use operational data if they are to remain competitive in an increasingly regulated and digital operating environment, according to new research from Lloyd’s Register (LR) and OneOcean. The report, Mastering maritime data for competitive advantage, launched March 18 at the Smart Maritime Network Conference in Athens, argues that while the maritime sector is generating more operational information than ever before, much of it remains fragmented, poorly structured or underused.
Breakthrough Technology Unveiled at Oceanology International
Major industry announcements and new product launches continued to drive significant visitor numbers and plentiful business activity as Oceanology International 2026 (Oi26) surpassed expectations on the second day at Excel London.Among the companies taking center stage, expanding platform OceanSight used Oi to unveil its new collection of ocean technology brands built to advance marine sensing and subsea intelligence, celebrating an exciting new chapter focused on accelerating innovation and strategic growth.OceanSight…
ABB inks Deal for Orange Marine Cable Repair Newbuilds
ABB has won a contract to deliver a fully integrated electrical power, propulsion and automation system for two hybrid-electric cable repair vessels being built for French shipowner Orange Marine at Colombo Dockyard PLC in Sri Lanka.The vessels, scheduled for delivery in 2028 and 2029, will support submarine cable maintenance operations across the Atlantic and Indian oceans as well as the Mediterranean, Black and Red seas. Orange Marine is a wholly owned subsidiary of the Orange Group and specializes in the installation and maintenance of subsea telecommunications cables.Under the agreement…
Greek Vessel Laden with Saudi Oil Sails through Hormuz
A Greek‑operated oil tanker has sailed through the Strait of Hormuz, ship tracking data showed on Monday, in a sign that some commercial vessels are still attempting to navigate the vital passage despite the U.S.-Israel war with Iran.The Shenlong Suezmax, with a capacity of 1 million barrels, is carrying Saudi Arabian crude loaded at the port of Ras Tanura and is listing its destination as the Indian port of Mumbai, according to analysis from maritime data platforms Kpler, Lloyd’s List Intelligence and MarineTraffic.The tanker last recorded its position inside the strait on March 8…
Caspian Sea Jackup Market: Locked-In Supply Shapes Utilization and Dayrates
Unlike larger jackup regions where scale provides greater flexibility, relatively minor changes in supply can have an outsized impact. The availability, reactivation, or retirement of a single rig can materially shift utilisation levels, dayrate negotiations, and contracting dynamics, often with limited visibility.There are currently five jackups drilling in the region, operating across Turkmenistan, Azerbaijan, and Iran. Several of these units are contracted into 2026 and beyond, which is meaningful in a market of this size.© EsgianDespite this coverage, active supply remains constrained.
Maritime Insurance Surges as Iran Conflict Expands
As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging -- in some cases by more than 1000% -- dramatically driving up the cost of moving energy through a critical maritime corridor.The conflagration sparked by Saturday's Israeli-U.S. air strikes against Tehran has paralyzed traffic through the Strait of Hormuz, a major shipping chokepoint. Iran on Monday said it would fire on any ship trying to pass, and at least nine vessels have suffered…
Maritime Risk Symposium 2026: Confronting Emerging Threats
The maritime domain has always been central to global stability and our nation’s prosperity. In today’s rapidly evolving security environment, its importance has never been more pronounced – or more vulnerable. Over ninety percent of global trade moves across the world’s oceans, making maritime transportation the backbone of international commerce, energy distribution, and economic resilience. Yet this vast ecosystem faces escalating risks including geopolitical tensions, deteriorating infrastructure…
Maersk Pauses Key Shipping Routes Over Middle East Security Risks
Maersk, one of the world's biggest container shipping groups, said on Friday it has temporarily suspended two services linking the Middle East to Asia and Europe as the Iran conflict continues to disrupt global supply chains.The Danish group said in a statement it would halt its FM1 service connecting the Far East to the Middle East and its ME11 service linking the Middle East to Europe"This decision has been taken as a precautionary measure to ensure the safety of our personnel and vessels while minimizing operational disruption across our wider network," Maersk said in an advisory to custome
Qatar LNG Halt Forces Asia to Seek Alternative Supplies
India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared to step up production, as the conflict in the Middle East curtailed shipping and halted Qatari output.Government officials and company executives in Japan, Taiwan, Bangladesh and Pakistan said they did not expect an immediate impact as some cargoes due this month had already arrived, but they would diversify their import…
StormGeo Launches Fleet Performance Advisory Center
StormGeo is strengthening its Voyage Intelligence offering with the launch of a new Premium Fleet Performance Center Service that will help shipowners and managers turn vessel data into actionable insights to achieve measurable operational and compliance improvements.The Premium Service was announced at the IME(I) Annual Event in India by StormGeo.Navigating complexityBuilding on established Fleet Performance Center services within StormGeo’s Voyage Intelligence framework, the new service adds a structured…
Taking Quantum Logic to the Edge
Jason Turner, Chairman and CEO of Entanglement, started the AI quantum computing company in 2017. He quickly realized it was too early. Rather than focus on quantum computing hardware, which is still on the journey to maturity, he chose to focus on quantum logic, and quantum inspired algorithms applicable to existing compute technologies.He and his team therefore turned their attention to using quantum logic. “We reframed the math into our own solvers that can solve massive problems on non-classical computer technology.
CMA CGM Signs Vessel Order, Launches R&D Hub in India
At gathering in New Delhi in the presence of Shri Shantanu Thakur, Minister of State at the Ministry of Ports, Shipping and Waterways, and the CMA CGM Group’s Chairman and CEO Rodolphe Saadé, the group reinforced its commitment to India. During the visit of its global leadership in India, CMA CGM signed the final Shipbuilding Contract with Cochin Shipyard Limited (CSL) for six LNG-powered containerships of 1700-teu capacity.Through CMA SHIPS, the CMA CGM has also recruited 1,000 Indian seafarers…
Container Shipping Consolidation Continues with $4.2B ZIM Acquisition
In a move that further reshapes the global liner landscape, Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services Ltd. in an all-cash transaction valued at approximately $4.2 billion, the companies announced today.Under the terms of the merger agreement, Hapag-Lloyd will acquire ZIM for $35.00 per share in cash, representing a 58% premium to ZIM’s prior-day closing stock price, a 90% premium to its 90-day VWAP, and a 126% premium to its unaffected share price of $15.50 in August 2025 prior to market speculation.The transaction…
US pushes Fisheries Tech at APEC Amid China Rivalry
The Trump administration is promoting artificial intelligence exports and maritime surveillance technology at Asia-Pacific Economic Cooperation (APEC) meetings in southern China this week, as Washington seeks to counter Beijing’s technological and maritime influence.Casey Mace, the U.S. senior official to APEC, said the Trump administration had launched a $20 million fund to support adoption of American AI technologies by partner economies in the region, part of a broader effort to strengthen U.S.
Kongsberg Maritime Unifies Digital Portfolio, Launches KM Performance
Kongsberg Maritime has unveiled a consolidated Digital Solutions portfolio and introduced KM Performance, a new solution aimed at improving operational efficiency, reducing emissions and supporting regulatory compliance in marine transportation.The Norwegian marine technology group presented the harmonized portfolio at a digital launch event in Oslo, outlining a unified approach to maritime digitalization. The move brings together legacy systems including K-IMS, Vessel Insight…
OrbitMI Appoints Andrew Redfern as Sales Director, Nordics & Americas
OrbitMI, a provider of maritime SaaS software, announced the appointment of Andrew Redfern as Sales Director for the Nordic & Americas region. In this role, Redfern will lead OrbitMI’s commercial growth across Northern Europe, working with shipowners, operators, and commercial teams to deliver measurable operational and financial results.Redfern brings more than a decade of experience spanning maritime technology, commercial strategy, and financial analysis. Most recently, he served in senior sales leadership roles at ZeroNorth…
Pole Star Defense Tapped for Mission-Critical Maritime Intelligence by Multiple U.S. Federal Agencies
Pole Star Defense closed Q4 2025 with two federal wins: a $36 million, three-year renewal with the U.S. Coast Guard and a new five-year contract with the U.S. Army Corps of Engineers. Together, the awards extend the company’s role as a provider of maritime domain awareness to U.S. government customers. The Coast Guard renewal builds on a partnership first established in 2020 with a $50 million award. Under the extended agreement, Pole Star Defense continues to deliver vessel tracking, system modernization, and cloud-based analytics that support Coast Guard operations nationwide.
All-Electric Light Cargo Transfer Vessel Enters Service
Hydromover 2.0, an all-electric light cargo transfer vessel designed by Incat Crowther for Singapore’s marinEV, a business of Yinson GreenTech, has officially entered service in Singapore.Building on the success of the prototype Hydromover 1.0, Singapore’s first fully electric cargo vessel launched in 2023, the next-generation Hydromover 2.0 is now transporting light cargo to vessels anchored in the Singapore Strait waiting to dock at the Port of Singapore. The launch of Hydromover…
Commercial Ships Anchor Outside Iranian Ports as US Tensions Rise
Dozens of commercial ships have dropped anchor at a distance outside Iran's port limits in recent days, according to data and shipping sources, as tensions with the United States grow.Such movements were precautionary given the tensions amid ongoing protests in Iran, the shipping sources said. Port limits are significant because they run a higher risk of collateral damage in the event of air strikes on nearby infrastructure.The U.S. is withdrawing some personnel from bases in the Middle East, a U.S.
Singapore Boasts Record 2025
Singapore posted record port performance in 2025, supported by resilient global trade and fuel offtake.The nation achieved a record of 3.22 billion gross tonnage (GT) of vessel arrivals and 44.66 million TEUs of container throughput in 2025 – a 3.5% and 8.6% increase from 2024, respectively.Marine fuel sales also hit a new high at 56.77 million tonnes, a 3.4% increase from 2024, with continued growth in the use of alternative marine fuels, which increased to 1.95 million tonnes in 2025 compared to 1.35 million tonnes in 2024.On 14 January 2026…
Pole Star Global Launches Maritime Transparency Index
Pole Star Global, a leader in maritime intelligence and regulatory compliance solutions, announced the launch of the Maritime Transparency Index (MTI) — a machine learning-powered risk scoring system that transforms maritime compliance from complexity into clarity.MTI assigns vessels, voyages, and associated parties transparent scores from 0 (Hard Dark) to 5 (Transparent), distilling complex vessel histories, ownership structures, and behavioral anomalies into credit-style ratings that compliance teams…
Evergreen Confirms Fleetwide Rollout of Inmarsat Nexuswave
Evergreen Marine, a leading container shipping company, has become the first Taiwanese operator to upgrade its fleet to NexusWave bonded connectivity solution from Inmarsat Maritime, a Viasat company. Following successful trials, Evergreen is transitioning to NexusWave to enhance crew welfare, strengthen cybersecurity, and provide high-performance connectivity for its vessels and seafarers.Building on Evergreen’s years of experience with Fleet Xpress, the upgrade to NexusWave introduces bonded, multi-network connectivity with fast speed, unlimited data and always-on performance.
Low Demand, High Supply Keeps Asia LNG Spot Prices Flat
Asian spot liquefied natural gas prices started the year steady, as muted regional demand and ample supply kept the market flat following a 34% slump in 2025.The average LNG price for February delivery into Northeast Asia LNG-AS was estimated at $9.60 per million British thermal units (mmBtu), unchanged from the previous week, industry sources said."Market conditions remain relatively calm and are largely dominated by bearish sentiment," said Siamak Adibi, director for gas and LNG supply analytics at consultancy FGE…