Stay informed with real-time maritime industry updates
Seatrade Maritime
Seatrade Maritime reports that the closure of the Gulf has disrupted the trade of iron ore, iron pellets, and fertilizers, leading to increased tonne-mile demand in the dry bulk market. The ongoing conflict in the region is contributing to these supply constraints and longer shipping routes.
Splash247
Singapore's Thong Yong Group has commissioned two offshore supply vessels from Jianglong Shipbuilding in China, with a deal valued at approximately $18.4 million, according to Splash247. The vessels, adhering to ABS standards, are scheduled for delivery in September and December 2027.
Offshore Energy
Fugro is preparing to deploy its geophysical vessel for a maintenance survey of a 40-year-old interconnector, as reported by Offshore Energy. The operation is set to begin in a few days.
Seatrade Maritime
Seatrade Maritime highlights the impact of structural changes on global markets, potentially leading to outdated demand projections and stranded maritime assets. These shifts could significantly affect the fossil fuel sector, as reported by Seatrade Maritime.
Seatrade Maritime
Seatrade Maritime reports that Costa Rica is set to review the award process for the Puerto Caldera terminal following an appeal by ICTSI, which was excluded from the tender. The appeal has raised concerns about potential irregularities in the process won by the APM Terminals consortium.
Offshore Energy
ABL Energy & Marine Consultants Brasil has been appointed as the marine warranty surveyor for Subsea7's operations offshore Brazil, as reported by Offshore Energy. This collaboration aims to ensure the safety and compliance of Subsea7's offshore activities.
Seatrade Maritime
China's Ministry of Transport has imposed penalties on nine international container lines, including CMA CGM, MSC, and Hapag-Lloyd, for violations related to freight rate filings, as reported by Seatrade Maritime. The ministry plans to intensify inspections to ensure compliance with regulations.
gCaptain
A Panama-flagged crude oil tanker managed by the Japanese refining group Eneos has successfully sailed through the Strait of Hormuz, as reported by gCaptain. This marks the second instance of a Japan-linked oil tanker navigating this strategic waterway.
Offshore Energy
TotalEnergies is preparing to develop a deepwater oil discovery in the Orange Basin off Namibia's coast, targeting first oil production by 2030. This project is expected to boost Namibia's offshore energy sector, as reported by Offshore Energy.
gCaptain
Two LPG tankers headed for India have reportedly transited the Strait of Hormuz, according to gCaptain. This movement comes despite ongoing restrictions imposed by the US and Iran.
