The Waterline Journal

Allseas and TAQA Advance Major North Sea Decommissioning Project
Allseas will dismantle the topsides of TAQA's Brae Alpha platform, extending its recent run of North Sea decommissioning contracts.
AI Billionaires Fuel a Boom at the Top of the Superyacht Market
Superyacht sales rose 12% in 2025, with mega- and gigayacht prices jumping over 30% as AI-wealth buyers reshape demand at the top.
Genco and Diana Shipping Call Off Dry Bulk Merger Talks
Diana Shipping has withdrawn its acquisition offer for Genco, closing a chapter of consolidation speculation in the dry bulk sector.
Hapag-Lloyd Takes Stake in Rotterdam's Maasvlakte II, Deepening Gemini Cooperation Ties
Hapag-Lloyd acquires a stake in APM Terminals' Maasvlakte II facility, tightening operational integration with alliance partner Maersk.
China Extends Its Grip on Global Shipbuilding as Newbuilding Boom Accelerates
Chinese yards booked a record 82.3% of global newbuilding orders by deadweight in H1 2026, as the broader market surged 66% year on year.
Bulker Left "Completely Burned Out" as Drone Strikes Widen Across Black Sea Grain Routes
Five drones hit the bulker Anna S near Novorossiysk, part of a wider wave on grain carriers as war risk spreads to a second global chokepoint.
Superyacht Brokerage Sales Value Climbs 15% in H1 2026 Despite Fewer Deals
Fewer but pricier transactions point to a market consolidating around larger, newer tonnage.
US Container Imports Set to Cool as Truncated Peak Season Winds Down
A front-loaded peak season means ports and carriers should brace for a faster-than-usual demand drop into Q4.
Two-Day Strike Hits BHP's Port Hedland, the World's Top Iron Ore Export Hub
The first major walkout in 25 years held up 16 shipments, with the next pay talks tied to BHP's August 18 earnings.
Chinese Yards Extend Dominance as Newbuilding Contracting Stays Robust
Chinese shipbuilders won 72% of global orders in H1 2026, more than triple South Korea's share, per Clarksons.
Turkey Quietly Restricts Black Sea-Bound Traffic Through the Dardanelles
Unannounced permit delays for Novorossiysk-bound vessels add a second active chokepoint alongside Hormuz.
Shipping Industry Urges UN to Block Compulsory Tolls in the Strait of Hormuz
Eight global associations warn that Iran-Oman transit fees would set a precedent threatening free navigation worldwide.
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