Stay informed with real-time maritime industry updates
Seatrade Maritime
Gulftainer has launched a new liner service under the GT Lines brand, connecting major Chinese ports with Khor Fakkan Port, as reported by Seatrade Maritime. This service aims to enhance trade routes between China and the Gulf region.
Offshore Energy
Belgian shipping company Exmar has named two ocean-going ammonia dual-fuel midsize gas carriers in a ceremony held in South Korea, as reported by Offshore Energy. This marks a significant step forward in green shipping technology.
Seatrade Maritime
Seatrade Maritime reports on the latest time charter rates for dry bulk and tanker shipping. The update provides insights into the current market trends as of April 8.
Offshore Energy
Fugro is set to perform a survey for unexploded ordnance (UXO) in the Morecambe Bay area this month, as reported by Offshore Energy. This survey is a precursor to a geotechnical investigation at the Morecambe Offshore Wind Farm (OWF) site.
Seatrade Maritime
Seatrade Maritime reports that an estimated 20,000 seafarers are currently stranded in the Gulf, navigating through the tense waters of the Strait of Hormuz in commercial tankers. The article provides a firsthand account of the challenges faced by these seafarers as they sail through what is effectively a war zone.
Offshore Energy
The Northern Phoenix, the third liquefied carbon dioxide (LCO2) carrier for the Northern Lights project, has been blessed and is now preparing for service, as reported by Offshore Energy.
gCaptain
President Donald Trump has stated that U.S. military forces will remain in the Middle East until a peace agreement with Iran is achieved, warning of a significant escalation in conflict if Iran does not comply, as reported by gCaptain. This announcement comes amid rising oil prices due to supply concerns and restrictions in the Strait of Hormuz.
gCaptain
Russia is attempting to capitalize on the global natural gas shortage by offering discounted LNG shipments to energy-deficient South Asia, as reported by gCaptain. These shipments originate from facilities currently under US sanctions, according to sources familiar with the situation.
gCaptain
Two Chinese oil tankers are positioned near the Strait of Hormuz, with a third en route, poised to be the first to exit the Persian Gulf following a US-Iran ceasefire, as reported by gCaptain. Shipowners are carefully examining the ceasefire terms.
Splash247
Sonangol is enhancing its LNG shipping capabilities by ordering two additional carriers from HD Hyundai Samho, as reported by Splash247. The contract, valued at KRW770.2bn ($511m), involves two 174,000-cbm LNG vessels with delivery expected by September 2029.
