News 2026 July 31

BP launches North Sea sale process after 60 years

Nine of 10 most volatile trade lanes are new entrants in reliability shake-up

HD Hyundai quarterly net profit climbs 550%

EY sees Greek shipyard revenue nearly quadrupling to $871m

UK container cargo rises 10% in 2025

Boskalis sends 45,500-tonne Windpiper to Baltic Power for first campaign

Hanwha Ocean lands $589m contract for South Korea’s first homegrown Aegis destroyer

CMA CGM sets separate $500 and $600 reefer surcharges from Antwerp and Rotterdam

Kalmar and APM Terminals join forces on next-generation terminal automation

MOL completes Japan’s first coastal deck carrier for offshore wind foundations

NYK to take 87.4% of Diamond Gas MidOcean in $221m LNG investment

Wallenius SOL buys Wagenborg ro-ro pair as Dutch group exits pure ro-ro

Saudi Arabia leads 14-state plan for Red Sea maritime defence alliance

ADNOC L&S linked to $590m purchase of five Frontline VLCCs

IAA PortNews: Arc4 class replenishment oiler Valentin Rykov enters service with Navy's Baltic Fleet

COSCO Shipping Ports opens China’s first direct automated port-rail link

EU urged to reject first Indian beaching yards from ship recycling list

Singapore awards eight five-year LNG bunker licences

HD Hyundai Vietnam starts first LNG dual-fuel, wind-assisted LR2 for Union Maritime