Stay informed with real-time maritime industry updates
Splash247
Splash247 reports that Nanjing Tanker, a subsidiary of China Merchants Group, has ordered three stainless steel chemical tankers from Yangzhou Dingheng Shipyard. The Shanghai-listed company aims to expand its fleet through its wholly owned subsidiary, Nanjing Yangyang Chemical Transportation & Trading.
Splash247
Pelagic Credit has raised NOK558 million ($58 million) in a private placement, paving the way for its planned listing in Oslo, as reported by Splash247. The Cyprus-based shipping investor attracted interest from high-quality industrial and institutional investors, with Pelagic Partners contributing $48.1 million through its managed funds.
Splash247
Edda Wind is set to sell its entire fleet of service operation vessels (SOVs) and commissioning service operation vessels (CSOVs), including those under construction, as reported by Splash247. The fleet will be divided between two buyers, with UK-based North Star being one of them, according to a stock exchange filing from Wilh Wilhelmsen.
Offshore Energy
Norwegian vessel owner DOF Group has ordered four additional ROVs from the UK's Forum Energy, as reported by Offshore Energy. This move is part of DOF's ongoing fleet expansion strategy.
gCaptain
The LNG carrier 'Arctic Metagaz' was reportedly struck by an explosion around 4 a.m. on March 3, approximately 150 nautical miles southeast of Malta, as reported by gCaptain. Moscow claims the incident was a Ukrainian attack, potentially impacting Russia's LNG shadow fleet logistics.
Offshore Energy
Sabah Shell Petroleum Company has contracted Velesto Workover, a subsidiary of Velesto Energy, to support its deepwater operations off the coast of Sabah, as reported by Offshore Energy. This collaboration highlights Shell's ongoing activities in the Malaysian region.
Seatrade Maritime
Seatrade Maritime reports that European shipowner UECC has ordered two multi-fuel battery hybrid PCTCs from China Merchants Jinling Shipyard. This development marks a significant step in UECC's commitment to sustainable shipping solutions.
Offshore Energy
Danish company NKT has secured its largest single project award to date, a €2.2 billion contract for a UK subsea link, as reported by Offshore Energy. This significant deal highlights NKT's growing influence in the power cable manufacturing and installation sector.
Splash247
VLCC and suezmax rates have soared to unprecedented levels due to a decline in tanker availability following an attack on Iran by the US and Israel, as reported by Splash247. Tankers International noted that Greek owner Minerva Marine's VLCC, Pantanassa, was fixed on subs to South Korea's GS Caltex at a record $436,000 a day.
Seatrade Maritime
The Strait of Hormuz, a vital energy chokepoint, is facing a crisis that could severely impact trade between Asia and the Gulf, as reported by Seatrade Maritime. The potential closure of this route is causing significant concern for Asian economies reliant on Gulf energy supplies.
