Stay informed with real-time maritime industry updates
Splash247
PaxOcean has inaugurated a new S$200m shipyard at 5 Jalan Samulun in Singapore, as reported by Splash247. The facility, located in the Jurong Industrial Estate, includes two large graving docks and a floating dock, enhancing its capacity to support complex maritime and offshore projects.
Splash247
India's coast guard has detained three tankers around 100 nautical miles west of Mumbai in a coordinated effort to dismantle an international oil-smuggling network, as reported by Splash247. The operation targeted syndicates using mid-sea transfers in international waters to transport cheap oil from conflict zones to motor tankers, thereby avoiding coastal duties.
Splash247
The Sealloyd Arc, a Panama-flagged container vessel, sank off Phuket while en route from Port Klang to Chattogram after developing a severe list. As reported by Splash247, the ship's master issued an abandon-ship call, and all 16 Bangladeshi crew members were evacuated safely by Thai authorities and nearby craft.
Seatrade Maritime
Pax Ocean has inaugurated a new $157 million shipyard in Singapore, replacing a smaller facility, as reported by Seatrade Maritime. The new yard is equipped to handle newbuilding, fabrication, conversion, and repair work.
Splash247
Solstad Offshore has secured a contract for its construction support vessel Normand Tonjer, as reported by Splash247. The Oslo-listed company announced that the contract will commence in February and last for 225 days, with options for extension.
Seatrade Maritime
Seatrade Maritime reports that shippers are facing confusion due to mixed signals from Maersk regarding its operations in the Red Sea, described as a 'bizarre week'. Meanwhile, MDS Transmodal has launched a new Suez Canal monitoring service to provide better insights for shippers.
Seatrade Maritime
Seatrade Maritime highlights Maersk's financial challenges as the company reports losses, while the captain of the Solong faces imprisonment. The publication also notes the growing trend of dual-fuel vessels in the industry.
Splash247
Tsakos Energy Navigation is reportedly nearing a deal with HD Hyundai Heavy Industries for two LNG carriers, marking its first gas ship orders in seven years, according to Splash247. The Greek company is considering two firm orders with options for two additional vessels.
Splash247
Minerva Marine, a Greek shipping company, has placed an order for two suezmax crude tankers at China's Hengli Shipbuilding, as reported by Splash247. The contract, valued between $160 million and $200 million, continues Minerva's expansion across multiple shipping segments.
Splash247
Mediterranean Shipping Company (MSC) has expanded its order with China's Penglai Jinglu Shipyard by adding eight more 11,500 teu dual-fuel containerships, according to Splash247. This move increases the total series to 16 sister vessels, with market sources estimating contract prices between $135 million and $140 million.
