Stay informed with real-time maritime industry updates
gCaptain
Russia's oil export revenues have reached their highest levels since the early Ukraine war, driven by increased global crude prices and a partial recovery in shipment volumes, as reported by gCaptain. This rise comes despite ongoing attacks on Ukrainian ports.
gCaptain
Saudi Arabia's East-West oil pipeline, a critical route bypassing the Strait of Hormuz, was reportedly damaged in an Iranian attack, as reported by gCaptain. Additional facilities within the kingdom were also targeted, according to an industry source cited by Reuters.
Offshore Energy
Offshore Energy reports that Aker BP has received approval from the Norwegian offshore safety regulator to utilize Macro Offshore Management’s mobile living quarters facility in the North Sea, off the coast of Norway. This development marks a significant step for Aker BP's operations in the region.
Seatrade Maritime
Seatrade Maritime reports a significant increase in the orderbook for non-operating container ship owners, tripling over the past year. However, this growth follows a six-year period of contraction in the sector.
Seatrade Maritime
Seatrade Maritime reports that despite a last-minute ceasefire between the US and Iran, marine insurers caution that heightened risks in the Gulf will persist for months. The situation remains critical, with stakeholders advised to stay vigilant.
Offshore Energy
The hull of NKT's new cable-laying vessel, NKT Eleonora, has been successfully launched, marking a significant milestone in its construction, as reported by Offshore Energy. This development signifies the vessel's transition into a new phase of its build.
Splash247
Xiamen Feihongshun Shipping has expanded its fleet by ordering two new containerships from Chinese shipyards, as reported by Splash247. Jiangsu Zhiyuan Shipbuilding will construct a 4,350 teu vessel, the largest in the company's fleet, while Ningbo Boda Shipbuilding will build a smaller 3,300 teu vessel.
Offshore Energy
Offshore Energy reports that a two-week ceasefire agreement between the U.S. and Iran has led to the reopening of the Strait of Hormuz. This strategic waterway is crucial as it handles 15% of global oil and 20% of global LNG supply flows.
Offshore Energy
Eco Wave Power has announced the ongoing success of its wave energy project at Jaffa Port, as reported by Offshore Energy. The project continues to demonstrate the viability of wave energy technology in Israel.
Seatrade Maritime
Hengli Heavy Industry has secured 108 newbuilding orders in the first quarter of 2026, with tanker orders making up the majority, as reported by Seatrade Maritime. The Chinese shipbuilder's intake reflects a strong demand for tankers in the maritime market.
