Sources report that Vale’s long-term freight contracts and fuel hedges have insulated the Brazilian miner from the worst of recent shipping-cost increases.
Sources indicated on 2 November 2026 that increased fixing activity has tightened available tonnage in both basins, giving the LNG shipping market a firmer short-term tone.
The Marine Management Organisation has published a statement informing the fishing industry and other sea users of reported boulder positions in the Southern North Sea.
MacGregor said third-quarter 2026 delivered record profitability as new orders more than doubled to $340m (€305.4m), a 126% rise from $150m a year earlier, MarineLink reported on 2 November 2026.
Fairbanks Morse Defense’s Norway-based business Vestdavit introduced AutoHook, an autonomous interface for recovering USVs and other craft without manual connections, at EURONAVAL 2026 in Paris on 2 November 2026.
The UK Maritime and Coastguard Agency published formal guidance on 2 November 2026 for surveyors appointed under MARPOL Annex II, providing the agency’s reference on Annex II survey matters.
An advisory to shipping restores earlier transit-slot allocation rules at Neopanamax locks for booking periods 1A and 2 and revises NetZero programme requirements, a report dated 1 November 2026 says.
Borr Drilling confirmed on 2 November 2026 that a fourth body has been recovered after the Prospector 5 jack-up rig sank offshore Gabon; search operations continue for one person still missing, MarineLink reports.
Follow specialist reporting across international operations, passenger shipping, offshore activity, technology, safety and environmental change.
The commercial currents shaping global trade
Follow connected reports, reference pages and operational context across this desk.
View Shipping desk
Vessel profiles, movements and new tonnage
Follow connected reports, reference pages and operational context across this desk.
View Ships desk
Infrastructure, operations and coastal logistics
Follow connected reports, reference pages and operational context across this desk.
View Ports desk
The people and vessels behind passenger shipping
Follow connected reports, reference pages and operational context across this desk.
View Cruise desk
Founder and Editor, The Maritime Gazette
Luke Smout is a maritime journalist, PR and communications specialist. He leads the Gazette’s editorial direction across shipping, ports, vessels, maritime business and public policy.
Meet Luke Smout