Stay informed with real-time maritime industry updates
Offshore Energy
Belgian shipping company Exmar has commenced conversion work on a floating storage regasification unit (FSRU) for the expansion of an LNG terminal in the Netherlands, Offshore Energy reports. This project marks a significant step in enhancing the LNG infrastructure in the region.
Offshore Energy
AF Gruppen, a Norwegian company, is acquiring Claxton, an Aberdeen-based provider of technology-driven services, to enhance its decommissioning and offshore wind capabilities, as reported by Offshore Energy. This strategic acquisition aims to expand AF Gruppen's offerings in these sectors.
gCaptain
China is using ships and a barrier to control access to the Scarborough Shoal in the South China Sea, as reported by gCaptain. Satellite images reveal the move comes amid heightened tensions with the Philippines over this disputed area.
gCaptain
The supertanker Agios Fanourios I has successfully entered the Persian Gulf via the Strait of Hormuz on its second attempt, as reported by gCaptain. This marks the first crude carrier to head west since the US blockade on Iran’s ports was enforced.
Seatrade Maritime
Norse Shipholding has signed a contract for up to six container ships with Fujian Shipbuilding Group, as reported by Seatrade Maritime. The order is divided between two subsidiaries of the Chinese shipbuilding company.
Offshore Energy
Wärtsilä Gas Solutions has been contracted to provide equipment for two very large ethane carriers under construction at Hyundai Heavy Industries' shipyard in South Korea, as reported by Offshore Energy.
Splash247
Splash247 reports that nearly 50 days into a significant shipping crisis, diplomatic discussions and military tensions are occurring simultaneously. Donald Trump has indicated that Middle East conflict may be nearing resolution, with potential talks with Iran in Islamabad.
Splash247
Ernst Russ, a Frankfurt-listed shipowner, is entering the tanker market by acquiring four 18,500 dwt intermediate-class chemical/product newbuildings, as reported by Splash247. The Hamburg-based company announced that these vessels, currently under construction at Wuhu Shipyard, will be chartered for at least five years, adding approximately $126 million to its charter backlog.
Splash247
A Medium article by Dan Jugy, as reported by Splash247, explores a UK coastline experiment testing a distributed AIS network, raising questions about the future of vessel tracking amid the Hormuz crisis. This initiative could potentially transform AIS coverage from a centralized system to a participatory network.
Splash247
Erik Frydendal, CEO of the Oslo-listed Hunter Group, is stepping down as the company gears up for its next phase, according to Splash247. The board cites the decision follows a successful six months marked by strong tanker markets and high spot rates.
