Stay informed with real-time maritime industry updates
Offshore Energy
Jumbo Offshore has completed the pre-installation of mooring for an FPSO unit for ExxonMobil's oil project off Guyana, as reported by Offshore Energy. This marks a significant step towards first oil for ExxonMobil's fifth project in the region.
Seatrade Maritime
Wuhu Shipyard has received an order for four bulk carriers from India's JSW Group, as reported by Seatrade Maritime. This order marks a continuation of the long-term relationship between the two companies.
Splash247
Splash247 reports that the US military intercepted a tanker in the Indian Ocean after chasing it from the Caribbean, as part of efforts to curb Venezuelan oil exports. Additionally, Vanuatu issued a warning about a fraudulent website mimicking its registry, as reported by the same source.
Seatrade Maritime
Seatrade Maritime reports that despite significant uncertainty, oil markets have shown resilience, with crude oil demand remaining strong. The tanker landscape is shifting as these markets adapt to less responsive conditions compared to past crises.
Splash247
Turkey's Arkas Line has entered a six-month trial with Utah-based GenFlat Holdings to test collapsible containers on a trade route starting April 2026, as reported by Splash247. The trial aims to evaluate the operational performance and potential savings in repositioning, yard space, and handling fees.
Splash247
Cameroon is taking action against shadow ships on its register, following pressure from the EU and Ukraine, as reported by Splash247. The country's flag registry has expanded by 126% over the past year, largely due to Russian-linked tonnage, making it Africa’s third-largest, according to Clarksons Research.
Splash247
CK Hutchison has issued a warning to A.P. Moller-Maersk regarding operations at the Balboa and Cristobal terminals, as reported by Splash247. The Hong Kong terminal operator stated that any attempt by APM Terminals to assume control without consent would lead to legal action and claims for damages.
Splash247
Oceanbird has achieved its first commercial sale, as reported by Splash247, with an undisclosed owner ordering two Wing 560 wing sails for retrofit installation in Europe by early 2027. This order marks a significant shift for the Alfa Laval–Wallenius joint venture from demonstration to commercial rollout of large-scale wind propulsion.
Splash247
China Merchants Shipbuilding Industry Group plans to restart operations at the Wuhan Qingshan shipyard, aiming for a full revival by 2026, as reported by Splash247. This initiative is part of a broader effort to enhance China's shipbuilding capacity to levels seen before the global financial crisis.
Splash247
Shipping consultant Frank Coles highlights the systemic abuse within the seafaring industry, as reported by Splash247. He criticizes the industry's self-regulation, which allows crew suffering to escalate unchecked.
