Stay informed with real-time maritime industry updates
Splash247
Splash247 reports that the Strait of Hormuz has become more perilous and restricted, with no signs of easing tensions. Meanwhile, Donald Trump discussed his conflict with Iran during a state visit to Beijing, and federal prosecutors charged Synergy Marine from Singapore with criminal offenses.
Offshore Energy
Equinor has received approval from Norwegian authorities to commence drilling operations on the Norwegian Continental Shelf using a semi-submersible rig owned by Transocean, as reported by Offshore Energy. This clearance marks a significant step for the state-owned energy giant's exploration activities.
Splash247
TMS Cardiff Gas, controlled by George Economou, has placed an order for two LNG carriers at Samsung Heavy Industries, marking a significant expansion in their fleet, as reported by Splash247. The contract is valued at KRW 750.5 billion ($505.6 million), with each carrier priced at approximately $252 million.
Splash247
The International Chamber of Shipping has welcomed the Polish Shipping Association as a full member, as reported by Splash247. This membership will allow Polish shipowners to actively participate in shaping international shipping policy on key issues like decarbonisation and safety.
Splash247
Splash247 highlights that while engine efficiency is crucial, the critical factor in achieving a favorable CII rating lies in the chartering office, where a vessel's course is set before the engine even starts. The article emphasizes that unnecessary miles and idle time in port contribute to a 'carbon tax' affecting the vessel's annual rating.
Splash247
Hayfin Capital Management has reportedly placed an order for two 174,000-cbm LNG carriers at HD Hyundai Heavy Industries in South Korea, with deliveries expected by the end of March 2029, as reported by Splash247.
gCaptain
US President Donald Trump has indicated that China is willing to assist in negotiations with Iran, aiming for a diplomatic resolution to reopen the Strait of Hormuz, as reported by gCaptain. This development follows the apparent seizure of a commercial vessel near the United Arab Emirates.
gCaptain
The number of supertankers transporting unsanctioned oil through the Strait of Hormuz has increased recently, providing slight relief to the oil market, as reported by gCaptain. This development comes amid the largest supply disruption in the market's history.
gCaptain
New attacks on vessels near the Strait of Hormuz underscore the ongoing tensions, as U.S. President Donald Trump discussed the situation with China's President Xi Jinping in Beijing, reports gCaptain. The stalled peace talks highlight the potential costs of a prolonged conflict.
Seatrade Maritime
A wooden cargo vessel was reported sunk following a suspected drone or missile attack off the coast of Oman, as reported by Seatrade Maritime. The crew of the Indian cargo ship has been confirmed safe.
