Latest Maritime News

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fleet March 2, 2026

Navigator Holdings Secures $133.7M Loan for Newbuild Carriers

Navigator Holdings, as reported by Splash247, has secured a $133.7 million loan to finance two liquefied ethylene gas carriers currently under construction in China. The financing agreement was signed by subsidiaries Navigator Parsec and Navigator Pleione with ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank, and Nordea Bank Abp.

Navigator Parsec (LPG carrier) Navigator Pleione (LPG carrier)

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Offshore Energy

market March 2, 2026

Hormuz Closure Sparks Oil Price Surge and LNG Supply Concerns

The closure of the Strait of Hormuz, a critical chokepoint for global oil and LNG supply, could drive oil prices above $100 per barrel, according to analysts at Wood Mackenzie, as reported by Offshore Energy. This potential energy shock is reminiscent of price spikes during the Russia-Ukraine conflict.

Offshore Energy

Offshore Energy

market March 2, 2026

MET Group and Shell Enhance LNG Supply to Europe

MET International and Shell are expanding their long-term cooperation to increase LNG supply to Europe, as reported by Offshore Energy. The collaboration aims to bolster energy security and meet rising demand in the region.

Offshore Energy

Offshore Energy

operations March 2, 2026

Petronas Selects FPSO for Hydrocarbon Project in Asia

OceanSTAR Engineering Holding has secured a contract with Petronas Carigali for leasing, operating, and maintaining an FPSO unit, as reported by Offshore Energy. This agreement marks a significant step in the Asian hydrocarbon redevelopment project led by Malaysia's Petronas.

Offshore Energy

Splash247

market March 2, 2026

CTM Gains New Investors from Japan and Norway

C Transport Maritime (CTM), a Bermuda-based dry bulk operator, has welcomed Japan's Tokyo Century Corporation and Norway's Barque as new shareholders, as reported by Splash247. The financial terms of the investment were not disclosed, but both companies have acquired equity stakes and appointed board representatives. CTM remains majority-owned by Bretta Navigation Corporation.

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Offshore Energy

regulations March 2, 2026

RFOcean Secures E-Methanol Supply Ahead of EU Regulations

RFOcean, a European shipping company, has entered into a long-term agreement with ETFuels for a fixed-rate supply of e-methanol, as reported by Offshore Energy. This move comes as the company prepares for upcoming EU climate regulations.

Offshore Energy

Splash247

fleet March 2, 2026

OceanPact and CBO Group Announce Major Merger in Brazil's Offshore Market

Brazilian offshore vessel owners OceanPact and CBO Group are set to merge, marking a significant consolidation in the country's offshore support vessel market, as reported by Splash247. The companies disclosed in a regulatory filing that CBO will be incorporated into OceanPact.

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Offshore Energy

operations March 2, 2026

TGS Hires Two PSVs for North Sea Operations

Norwegian energy company TGS has contracted two platform supply vessels (PSVs) managed by Remøy Shipping for operations in the North Sea, as reported by Offshore Energy. The vessels, both built in 2018, will support TGS's energy data and intelligence activities.

Offshore Energy

Splash247

operations March 2, 2026

Boa Offshore Secures Contract for Ithaca's Decommissioned Assets

Splash247 reports that AF Offshore Decom has contracted Boa Offshore for the transport of Ithaca Energy's FSU Alba and FPF-1. These units will be dismantled and recycled at AF Environmental Base Vats in Norway.

FSU Alba FPF-1

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Offshore Energy

operations March 2, 2026

Acteon Firms Secure Multi-Million-Dollar Petrobras Contract

Intermoor, part of Acteon's Moorings and Anchors business line, has secured a three-year contract with Petrobras, as reported by Offshore Energy. This collaboration involves three Acteon firms and marks a significant multi-million-dollar agreement.

Offshore Energy