Stay informed with real-time maritime industry updates
Seatrade Maritime
GMS has called on the European Union to approve Indian ship recycling yards, as reported by Seatrade Maritime. Currently, India, a leading nation in ship recycling, lacks any EU-approved facilities.
Splash247
Splash247 reports on the first week of Operation Epic Fury, a joint effort by the Trump administration and Israel to counter perceived threats from Iran, resulting in attacks on ships, oil spills, and stranded seafarers. The operation has led to soaring tanker rates and increased bunker costs, with 20,000 seafarers and 3,200 vessels affected. The ongoing conflict highlights the significant impact on maritime operations.
Seatrade Maritime
CSSC Huangpu Wenchong Shipbuilding has secured contracts to build four container ships for Korean companies Namsung and Dongyoung Shipping, expanding its presence in the East Asian market, as reported by Seatrade Maritime.
Seatrade Maritime
The Strait of Hormuz crisis has left ships and seafarers stranded in the Gulf, with vessels being targeted by drones and missiles, as reported by Seatrade Maritime.
Seatrade Maritime
ICTSI, the Philippines-based terminal operator, achieved over $1 billion in revenue in 2025, marking an 11% increase in global container volumes, as reported by Seatrade Maritime.
gCaptain
The U.S. Treasury Department has granted a 30-day sanctions waiver allowing Indian refiners to receive Russian crude oil cargoes already loaded on tankers, as reported by gCaptain. This targeted move aims to prevent disruptions in oil supplies.
Seatrade Maritime
Marine insurers based in London and internationally have clarified that war risk insurance remains available for vessels navigating the Straits of Hormuz, as reported by Seatrade Maritime. This comes amidst concerns over potential coverage limitations in the Gulf region.
Splash247
Hanwha Ocean, a leading South Korean shipbuilder, has been selected by Chevron for the Leviathan platform expansion project, as reported by Splash247. This project, located offshore Israel, involves fabricating additional modules to boost production at the existing platform.
Splash247
Splash247 reports that UAE-based Lamprell has been contracted by ONGC to execute the PRP-IX pipeline replacement project off India's coast. The project involves replacing and laying approximately 285 km of subsea pipelines across ONGC's Western offshore fields, including Mumbai High.
Splash247
TGS, a seismic data specialist listed in Oslo, has announced plans for the Ramform Vanguard to conduct a new acquisition campaign during the upcoming European summer season, as reported by Splash247. The campaign, starting in mid-March, includes an oil and gas site survey followed by two offshore wind contracts.
