Stay informed with real-time maritime industry updates
Offshore Energy
The second energy subsea construction vessel for Rem Offshore has been launched, as reported by Offshore Energy. This methanol-ready vessel marks a significant step for the Norwegian shipping company.
Seatrade Maritime
A study by UCL and Strider Carbon emphasizes the importance for shipowners to consider climate change in their operations, as reported by Seatrade Maritime. The research suggests that failing to address environmental concerns could have significant repercussions for the maritime industry.
Offshore Energy
Venture Global, a U.S. LNG producer, has resolved its arbitration dispute with Edison over its LNG facility in Louisiana, as reported by Offshore Energy. The resolution comes amid geopolitical tensions in the Middle East.
Seatrade Maritime
Seatrade Maritime reports that Shuwaikh port and Mubarak Al Kabeer Port in Kuwait were damaged in drone and missile attacks. Fortunately, no casualties were reported in these incidents.
Seatrade Maritime
As reported by Seatrade Maritime, the ongoing conflict near the Strait of Hormuz has severely impacted maritime operations, leaving thousands of ships stranded and resulting in at least 18 vessels being struck either directly or by debris. The strategic waterway's near-closure highlights the escalating tensions in the region.
Splash247
Seacon Shipping, listed in Hong Kong, has expanded its fleet by acquiring contracts for four multipurpose newbuildings in a $44.4 million deal, as reported by Splash247. The Qingdao-based company took over these contracts from Singapore’s H&C Marine Engineering.
Splash247
SITC International has opted to expand its fleet by acquiring six additional feeder vessels, a move valued at $137 million, as reported by Splash247. The Hong Kong-listed company will proceed with the newbuilds through its unit SITC Shipowner under an existing agreement with Yangzijiang Shipbuilding Group subsidiaries.
Offshore Energy
Kraken Robotics, a marine technology company based in Canada, is set to acquire the UK’s Covelya Group for $615 million, as reported by Offshore Energy. This acquisition includes Sonardyne and EIVA, subsidiaries of Covelya Group.
Splash247
Shipping delays are being reported at major hubs in Asia due to the ongoing conflict near the Strait of Hormuz, as detailed by Splash247. Vessels are either holding, rerouting, or clustering at alternative ports while awaiting clearer directives amid conflicting reports from Washington and Tehran.
Seatrade Maritime
DP World has announced a significant rebranding of its marine services businesses to better align with the rapidly changing trade economics, as reported by Seatrade Maritime. The company has grown extensively in the marine services sector, prompting this strategic move.
