Stay informed with real-time maritime industry updates
Splash247
Yangzijiang Shipbuilding is expanding its operations by establishing a dedicated ship repair and conversion arm, Jiangsu Yangzi Hongda Shipbuilding and Repair, as reported by Splash247. The Singapore-listed company aims to address the rising demand for retrofit and green upgrades with this new $100 million subsidiary.
Offshore Energy
Dajin Heavy Industry has launched King Two, its second heavy deck carrier designed for transporting 25 MW wind turbine components, as reported by Offshore Energy. This marks a significant step in the company's expansion of its specialized fleet.
Seatrade Maritime
Seatrade Maritime reports that experts at the POLA conference highlighted potential disruptions to cargo flows and supply chains due to ongoing conflicts in the Middle East. The Strait of Hormuz was identified as a significant risk area, but the implications could extend globally, affecting trade planning and logistics.
Splash247
Nippon Yusen Kaisha, Golden Island, and Yara Clean Ammonia have signed a non-binding term sheet to explore the joint marketing and supply of low-carbon ammonia as a marine fuel in Singapore, as reported by Splash247. This initiative aims to introduce ammonia fuel to the world's busiest bunkering hub.
Seatrade Maritime
Seaspan has placed an order for four 65,200 dwt multipurpose vessels from New Dayang, as reported by Seatrade Maritime. This move marks a shift for Sumec towards more innovative ship designs.
Seatrade Maritime
Seatrade Maritime reports that shipowners are optimistic about the dry bulk market's prospects, driven by structural supply and demand fundamentals for Capesizes and the replacement of coal for oil fuel shortages due to the war in Iran. This shift is expected to positively impact the market.
Splash247
LD Armateurs is enhancing its offshore capabilities by acquiring the multipurpose support vessel Siddis Mariner from Norway's OH Meling, as reported by Splash247. The vessel will be renamed TVO Mariner and integrated into LD TravOcean's fleet, with delivery expected in summer 2026.
Seatrade Maritime
The International Maritime Organization's Net Zero Framework might necessitate the use of low-GHG methane for certain vessels by 2029, as reported by Seatrade Maritime. This move aims to reduce greenhouse gas emissions in the maritime industry.
Splash247
Mitsui OSK Lines (MOL) has entered into a long-term charter agreement with Inpex Corporation for the LNG carrier Harmonic Breeze, as reported by Splash247. The deal involves MOL's subsidiary, MOL Encean, and Inpex Shipping for the 174,000 cu m vessel, which was built in 2026.
Splash247
BGN has placed an order for four very large gas carriers (VLGCs) at HD Hyundai Heavy Industries, as reported by Splash247. The energy trader is expanding its LPG and LNG operations with these 90,000 cu m dual-fuel vessels, expected to be delivered in the second half of the year.
