MarineCraft News Desk

The MarineCraft Journal is written and reviewed by MarineCraft Global's technical team in Malaysia. Every article is checked against primary sources: IMO instruments and SOLAS chapters, Tokyo MOU inspection data, class society and OPITO guidance, and Malaysian regulators including CAAM, DOSH and the Marine Department. Sources are listed at the foot of each article so you can check a claim rather than take our word for it. Where we get something wrong, we correct it and say so.

NTSB: Cell Phone Distraction Led to Fatal Houston Ship Collision

August 8, 2026 by MarineCraft News Desk

The National Transportation Safety Board published its marine investigation report into a collision in the Houston ship channel near Lynchburg, Texas. The incident occurred on July 19, 2024 between the 656-foot (199.9-metre) bulk carrier Yangze 7 and the 50-foot (15.3-metre)…

Petrobras Nearly Doubles Q2 Profit to $10.4B on Record Operational Performance

August 8, 2026 by MarineCraft News Desk

Brazilian energy company Petrobras reported net income of BRL52.4 billion ($10.4 billion) for the second quarter of 2026, up 97 per cent from the corresponding period of 2025.

Canada’s Algoma Central Reports Higher Q2 Revenue and Net Earnings

August 8, 2026 by MarineCraft News Desk

Algoma Central Corporation reported revenue of CA$258.27 million ($185.36 million) for the second quarter ended June 30, 2026, up from CA$211.72 million in the corresponding period of 2025.

US Container Imports Are Expected to Decline Monthly After an Early Peak

August 8, 2026 by MarineCraft News Desk

Tanker rates set to soar on Houthi attack fears in Red Sea

U.S. container import levels remain high, but according to the National Retail Federation, they have peaked early and are starting to decline steadily month-over-month.

Med Marine’s Latest RAmparts 2500-W Tugboat Takes to the Water

August 8, 2026 by MarineCraft News Desk

[By: Med Marine] MED MARINE has launched a new RAmparts 2500-W tugboat from the slipways of EREGLI SHIPYARD, bringing another vessel built for its own fleet one step closer to service.

Colonna’s Shipyard, Inc. Partnership With HII’s Newport News Shipbuilding

August 8, 2026 by MarineCraft News Desk

[By: Colonna's Shipyard, Inc.] Colonna's Shipyard, Inc. (CSI) has announced a multi-year agreement with HII’s Newport News Shipbuilding (NNS) division for structural component fabrication for U.S. Navy nuclear shipbuilding programs through HII’s distributed shipbuilding effort.