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gCaptain
accidents March 5, 2026

Explosion Disrupts Russian LNG Shadow Fleet in Mediterranean

An explosion in the Mediterranean has sunk the 'Arctic Metagaz', a vessel part of Russia's sanctioned Arctic LNG 2 export network, causing other tankers to halt or reroute, as reported by gCaptain. This incident raises concerns about the security of a crucial shipping corridor.

Arctic Metagaz (LNG tanker)
Splash247
regulations March 5, 2026

GMS Urges EU to Include Indian Yards in Ship Recycling List

Splash247 reports that GMS, the leading cash buyer of ships for recycling, is urging the European Commission to recognize Indian ship recycling yards by adding them to the European List under the EU Ship Recycling Regulation. Currently, over 110 Indian yards have Hong Kong Convention Statements of Compliance from IACS member classifications.

Offshore Energy
operations March 5, 2026

MOPU and FSO Units Connected at Benin Oil Field

Offshore Energy reports that Akrake Petroleum, a subsidiary of Lime Petroleum Holding, has successfully linked a mobile offshore production unit (MOPU) and a floating storage and offloading (FSO) asset at an oil field off the coast of Benin. This development marks a significant milestone in the revival of the African oil field.

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