Latest Maritime News

Stay informed with real-time maritime industry updates

gCaptain
market February 16, 2026

South Korean Tycoon's Bet Shakes Oil Tanker Market

A significant move by a South Korean tycoon has disrupted the oil market by acquiring a substantial share of the tanker sector, as reported by gCaptain. This strategic action was supported by one of the industry's wealthiest figures, highlighting the shifting dynamics in the oil transportation industry.

Splash247
fleet February 16, 2026

Beihai Capesize Bulker Sold for Demolition in Bangladesh

The 2002-built capesize bulker Beihai has been sold for demolition in Bangladesh, marking the first capesize recycling deal of the year, as reported by Splash247. The vessel, managed by Green Ocean Ship Management and flying the flag of St Kitts & Nevis, is noted as a rare vintage sale.

Beihai (bulk)
Offshore Energy
operations February 16, 2026

1990-built FPSO to Operate in Vietnam Until 2027

A joint venture between Malaysia's MISC Group and Vietnamese PetroVietnam Technical Services will continue to operate a 1990-built FPSO in Vietnam until the end of 2027, as reported by Offshore Energy. This extension underscores the ongoing collaboration between Malaysian and Vietnamese entities in the offshore energy sector.

Splash247
ports February 16, 2026

New 3.3m TEU Transhipment Hub Launches in Egypt

The Damietta Alliance Container Terminal (DACT) in Egypt has commenced operations, marking a significant milestone with the arrival of Hapag-Lloyd's Essen Express, as reported by Splash247. This new transhipment hub, built with over $600 million investment, boasts an annual handling capacity of up to 3.3 million TEU.

Essen Express (container) Damietta Alliance Container Terminal (EG)
Menu

Sample API Request: