Stay informed with real-time maritime industry updates
Seatrade Maritime
Clarksons has acquired Lima-based broking house Serpac, establishing a presence in Peru, as reported by Seatrade Maritime. This strategic move aims to strengthen Clarksons' position in the South American market.
Seatrade Maritime
A fire at Fujairah’s Oil Industry Zone has been brought under control following an Iranian drone attack on Monday, as reported by Seatrade Maritime. The incident highlights ongoing security concerns in the region.
Splash247
Splash247 reports that despite the initiation of the Trump administration's Project Freedom to assist stranded vessels in the Persian Gulf, shipowners remain wary due to ongoing tensions. On the same day the operation commenced, Iran conducted extensive missile and drone attacks, further unsettling the situation.
Offshore Energy
Helix Energy Solutions, based in Texas, is divesting its shallow water abandonment business to concentrate on deep water operations, as reported by Offshore Energy. This strategic shift marks a significant change in the company's operational focus.
Offshore Energy
Norway's Reach Subsea has chartered a construction support vessel (CSV) from Solstad for operations in the Mediterranean and Black Sea, as reported by Offshore Energy. This collaboration highlights the ongoing demand for specialized vessels in these regions.
Splash247
As reported by Splash247, the Posidonia conference is set to begin, with major shipyards preparing to showcase their newbuilds to Greece, Europe's largest shipowning nation. This comes amid a historic rejuvenation of the Greek fleet, with record newbuilding activity noted by Xclusiv Shipbrokers.
Splash247
The MSC Baltic III, a grounded containership, will be dismantled and hauled ashore in Newfoundland as part of a salvage plan, according to Splash247. Authorities in Newfoundland and Labrador have approved the plan to cut the vessel into sections for recycling.
Splash247
The containership orderbook has reached a record 13 million TEU, raising concerns of overcapacity as reported by Splash247. This surge in orders surpasses the combined fleets of major shipping lines Maersk, CMA CGM, and COSCO, with the orderbook ratio at 38.3%, a level not seen since the global financial crisis.
Splash247
Public interest in the shipping industry is waning from its peak during the early stages of the US-Israel conflict with Iran, as highlighted by the Maritime Attention Index, reports Splash247. US President Donald Trump's announcement on March 3 about US forces 'guiding' vessels through the Strait of Hormuz has not sustained attention, according to Splash247.
Seatrade Maritime
Seatrade Maritime reports on escalating tensions in the Strait of Hormuz as the US initiates Project Freedom, targeting Iranian fast boats. The strategic waterway sees increased activity with two vessels transiting amidst the heightened security measures.
