Stay informed with real-time maritime industry updates
Splash247
Hafnia, a major player in the product tanker market, has confirmed the sale of 10 older tankers as part of its fleet renewal strategy, as reported by Splash247. The BW Group-backed company has arranged for these vessels to be delivered to external buyers soon.
Splash247
Boskalis, alongside TKF Subsea Solutions, has been contracted to supply and install around 140 km of 66 kV inter-array cables for the Gennaker offshore wind farm in the German Baltic Sea, as reported by Splash247. This project highlights Boskalis' continued involvement in renewable energy infrastructure.
Seatrade Maritime
Suape has signed Memorandums of Understanding with Westports Malaysia and Northport in Port Klang, as reported by Seatrade Maritime. These agreements aim to enhance cooperation between the Brazilian and Malaysian ports.
Splash247
The VLCC markets have reached unprecedented levels as the industry marks the 60th anniversary of the launch of the Idemitsu Maru, according to Splash247. This milestone coincides with the upcoming Year of the Fire Horse, a significant period in Chinese culture symbolizing renewal.
Seatrade Maritime
Top Ships is acquiring nine medium-range tankers from a Chinese shipyard, with time charters attached, as reported by Seatrade Maritime. This acquisition marks a significant expansion for the tanker operator.
Seatrade Maritime
Seatrade Maritime reports that vessel owners are increasingly prioritizing engine performance monitoring due to escalating fuel costs for ships operating in Europe. This shift comes as the Emissions Trading System (ETS) intensifies, prompting a closer examination of efficiency measures.
Seatrade Maritime
Seatrium's profits have doubled, and the company plans to return its Admiralty Yard to the authorities by 2028, as reported by Seatrade Maritime. This strategic move is part of Seatrium's broader divestment plans.
Splash247
Splash247 reports that the United States has sanctioned 12 vessels linked to Iran as tensions escalate in the Middle East. The Office of Foreign Assets Control aims to curb Tehran's use of financial systems for illicit activities, including oil sales and weapons procurement.
Splash247
Vale and Everllence are collaborating to develop ethanol-powered engines for maritime use, as reported by Splash247. The cooperation agreement aims to advance the use of ethanol as a marine fuel, marking a significant step in sustainable shipping technology.
Splash247
Captain Pradeep Chalwa, CEO and Founder of MarinePALS, highlights the ongoing discussions at the International Maritime Organization regarding the adequacy of current safe manning standards, as reported by Splash247. The maritime industry has seen significant safety improvements through advancements in technology and regulations.
