Stay informed with real-time maritime industry updates
Offshore Energy
Offshore Energy reports that Caturus, an integrated gas and LNG company in the US, has confirmed full commercialization for its $12.5 billion liquefied natural gas export project in Louisiana. This milestone brings the project closer to a final investment decision (FID).
gCaptain
Russian crude prices have reached their highest level in over 13 years, driven by a global oil rally linked to the conflict in Iran, as reported by gCaptain. The situation has allowed Moscow to benefit significantly from the market dynamics.
Seatrade Maritime
Djibouti Ship Repair Yard (DSRY), a collaboration with Damen, has opened as the largest shipyard in East Africa, featuring a floating dock, as reported by Seatrade Maritime. This development marks a significant milestone in maritime infrastructure for the region.
Offshore Energy
Jan De Nul has launched the William Thomson, the second of two identical subsea cable-laying vessels, as reported by Offshore Energy. This launch marks a significant addition to their fleet.
Splash247
Broker ICAP has expanded its presence in freight derivatives by launching a new global dry forward freight agreement (FFA) desk, as reported by Splash247. This initiative, part of TP ICAP Group, spans London, Copenhagen, Dubai, and Singapore, providing continuous coverage across major freight trading hubs.
Seatrade Maritime
A container ship sustained damage above the water line in the Arabian Gulf, as reported by Seatrade Maritime. The incident occurred south of Iran, marking another targeted strike in the region.
Offshore Energy
RINA and South Korean conglomerate Hanwha have signed a Memorandum of Understanding (MoU) to develop battery-hybrid propulsion systems, as reported by Offshore Energy. This collaboration aims to enhance sustainable maritime technologies.
gCaptain
The Yamal LNG project in Russia has sent its first liquefied natural gas cargo to China since November, as reported by gCaptain. This marks a shift in distribution after European buyers dominated the first quarter of 2026.
gCaptain
Japan is increasingly utilizing ship-to-ship oil transfers to maintain crude supplies while avoiding the Middle East, a region currently deemed too hazardous for tankers, as reported by gCaptain. This strategic move aims to protect both crews and vessels from potential conflicts.
Seatrade Maritime
Hafnia, a BW Group company, has placed an order for eight MR tanker newbuildings with Hyundai Heavy Industries, as reported by Seatrade Maritime. The deal is valued at $405 million.
