Stay informed with real-time maritime industry updates
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.
Splash247
Venergy Maritime, led by Vyron Vasileiadis, is expanding its fleet with new orders for LR2 product tankers at New Times Shipbuilding in China, as reported by Splash247. The Greek company has secured two additional LR2 newbuilds, with options for more, to enhance its presence in the product tanker sector.
Splash247
GSX Energy has expanded its LNG bunkering fleet by confirming an order for two more vessels at Nantong CIMC Sinopacific Offshore & Engineering, bringing the total to four ships, as reported by Splash247. The company, established in October 2025, is a joint venture involving SeaKapital Holdings and Seacon Shipping.
Splash247
Norwegian offshore contractor DOF Group has been awarded a significant well intervention contract with Shell Offshore in the Gulf of Mexico, as reported by Splash247. The contract involves hydraulic subsea well intervention services and will be managed by DOF’s regional subsea team.
gCaptain
RTX Corp. has secured a multi-year agreement with the Pentagon to significantly increase the production of Tomahawk Anti-Ship cruise missiles and SM-6 interceptors, as reported by gCaptain. This development comes shortly after President Trump criticized the company for being 'least responsive' to military needs.
Splash247
Solstad Maritime has secured a new contract for its construction support vessel, Normand Navigator, as reported by Splash247. The agreement, signed with an international subsea contractor, will commence in the second quarter of 2026 and last for 450 days.
gCaptain
Hong Kong has expressed strong disagreement with a Panamanian court's decision to annul a contract awarded to CK Hutchison Holdings Ltd. for operating two ports, as reported by gCaptain. The ruling has sparked diplomatic tensions between the two regions.
gCaptain
Tropical Cyclone Mitchell has intensified, prompting the closure of Australian ports, including Port Hedland, the world's largest iron-ore export hub, as reported by gCaptain. The cyclone is tracking towards the remote northwest of the country, according to Australia's weather bureau.
gCaptain
The Panama Canal Authority has opened the spillways at Gatún Dam after the reservoir reached its maximum capacity, a significant shift from the drought conditions during the 2023-24 El Niño, as reported by gCaptain. This development marks a notable change in the canal's operations following previous traffic restrictions.
gCaptain
gCaptain reports that over a dozen tankers carrying 10-12 million barrels of Russian Urals crude are navigating East Asia in search of buyers, following India's reduction in imports due to US pressure. Five of these tankers are currently signaling 'for orders' status, indicating a lack of confirmed buyers.
