Stay informed with real-time maritime industry updates
gCaptain
Two tankers detained off Penang island for allegedly conducting illegal ship-to-ship transfers of crude oil have been released, as reported by the Malaysian Maritime Enforcement Agency. The vessels, along with their cargo, were released last week, according to gCaptain.
Seatrade Maritime
Seatrium has completed the sale of its AmFELS shipyard located in Brownsville, Texas, to Karpowership, as reported by Seatrade Maritime. This divestment marks a significant move for Seatrium in the U.S. market.
Offshore Energy
Venture Global has detailed its collaboration with Worley Field Services for the next phase of its LNG export project in Louisiana, as reported by Offshore Energy. This partnership involves expanding LNG production sourced from North American basins.
Danish shipping giant A.P. Moller - Maersk has expanded its fleet by acquiring another methanol-powered vessel, as reported by Offshore Energy. This move aligns with Maersk's commitment to sustainable shipping solutions.
Seatrade Maritime
AD Ports has reached a framework agreement with the Democratic Republic of Congo government to explore the development and operation of a multipurpose terminal at Matadi Port, as reported by Seatrade Maritime. This initiative could enhance the port's capacity and efficiency.
Seatrade Maritime
Contecon Manzanillo has surpassed 12 million TEU, as reported by Seatrade Maritime, marking a significant achievement despite a sluggish market on Mexico's Pacific coast. The terminal's throughput growth has outpaced market expectations, highlighting its operational efficiency.
Seatrade Maritime
Jiangnan Shipyard has secured a deal to build four LNG carriers chartered to Shell, marking a significant milestone in collaboration with international energy companies, as reported by Seatrade Maritime. The agreement highlights the strengthening ties between Chinese shipyards and global high-end equipment manufacturers.
Seatrade Maritime
Carrier profits are facing a significant downturn as financial returns dip into negative territory, compounded by challenging market fundamentals, according to Seatrade Maritime. The financial outlook for carriers is described as 'grim' by industry consultants, highlighting the mounting pressures in the market.
Offshore Energy
Neptune Marine, a Dutch shipbuilder and designer, has launched the hull of a new dual-fuel cable layer, as reported by Offshore Energy. The hull was launched in Poland and will be completed in the Netherlands.
Offshore Energy
A floating production, storage, and offloading (FPSO) vessel built in 1986 has reached a shipyard in Tenerife, Spain, as reported by Offshore Energy. The vessel is set for deployment at oilfields off Timor-Leste's coast in Southeast Asia.
