Stay informed with real-time maritime industry updates
gCaptain
West African crude traders are reducing prices due to soaring freight costs and an unfavorable Brent-Dubai spread, as reported by gCaptain. Tanker rates to Asia have reached five-year highs, leading to deeper discounts on Nigerian crude with no buyers in sight.
gCaptain
The Proteus Bohemia has arrived in Rotterdam with 100,000 tons of diesel from India's Reliance facility, marking the first such delivery since EU sanctions on Russian-sourced fuel began on January 21, as reported by gCaptain. This event tests trader confidence in navigating the new regulatory landscape.
gCaptain
Austal Limited has been awarded a USD $2.82 billion contract by the Commonwealth of Australia to construct eight 100-meter Landing Craft Heavy vessels, as reported by gCaptain. This deal represents one of the largest naval shipbuilding contracts in recent times.
gCaptain
As reported by gCaptain, a joint operation by the U.S. Coast Guard and Marine special operations team was launched from the USS in December 2025, underscoring the shift in maritime enforcement challenges. While detection capabilities have improved, the main issue now lies in the attribution of maritime activities.
gCaptain
Tidewater Inc., based in Houston, has announced a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. for approximately $500 million, as reported by gCaptain. This strategic move marks a significant expansion into the Brazilian offshore vessel market.
gCaptain
The International Labour Organization, International Chamber of Shipping, and International Transport Workers’ Federation celebrated the 20th anniversary of the Maritime Labour Convention this week, as reported by gCaptain. The milestone was marked with a renewed commitment to enhancing protections for seafarers.
gCaptain
Russia's flagship crude oil is experiencing its steepest discount in nearly three years due to Western sanctions, as reported by gCaptain. These sanctions have significantly deterred international trade with Moscow.
Top Ships, a New York-listed tanker owner, has agreed to acquire nine ECO MR product/chemical tanker newbuildings, as reported by Splash247. This deal, linked to long-term charter employment, is expected to generate a potential revenue backlog of approximately $679 million.
Offshore Energy
Wärtsilä Gas Solutions has been selected to provide equipment for two LNG bunkering vessels being constructed in China, as reported by Offshore Energy. This order highlights Wärtsilä's ongoing role in advancing maritime technology.
Splash247
Celsius Tankers, a part of Danish owner Celsius Shipping, has ordered an additional 180,000 cu m LNG carrier from Samsung Heavy Industries, as reported by Splash247. This order increases Celsius Tankers’ LNG fleet to 24 vessels, marking a significant expansion in the segment.
