Stay informed with real-time maritime industry updates
Offshore Energy
DroneQ Robotics, a Dutch company specializing in advanced unmanned robotics services, has obtained exclusive rights to utilize a research vessel built in 2014, as reported by Offshore Energy. This development marks a significant step for DroneQ in expanding its operational capabilities.
gCaptain
U.S. offshore oil production reached a record 714 million barrels in 2025, highlighting the significant role of deepwater projects in the Outer Continental Shelf, as reported by gCaptain. This milestone underscores the increasing importance of deepwater developments in the U.S. energy sector.
Splash247
JP Morgan's shipping division is reportedly involved in a newbuilding deal in South Korea's very large gas carrier (VLGC) sector, as reported by Splash247. Samsung Heavy Industries announced a contract for two VLGCs valued at approximately $226 million, with deliveries scheduled through May 2029 for an unnamed Bermuda-based owner.
Seatrade Maritime
Seatrade Maritime reports that the closure of the Strait of Hormuz has led to a significant increase in crude exports through Yanbu in the Red Sea. However, this route now faces potential threats from Houthi forces.
Splash247
Turkey's Ciner Group has placed an order for six ultramax bulk carriers at China's New Dayang Shipbuilding, as reported by Splash247. The 64,000 dwt vessels are priced at approximately $34 million each, with deliveries slated between late 2028 and early 2029.
Splash247
Tommaso Franco, a geopolitical analyst, highlights the Andaman Sea's ghost fleet, where invisibility turns international waters into a dangerous corridor, according to Splash247. This area, between Myanmar, Bangladesh, and Thailand, sees the intersection of the Rohingya crisis and Iran's shadow fleet interests.
Splash247
Splash247 highlights the increasing strain on port infrastructure due to frequent severe weather events. The article emphasizes that ports, crucial for global trade, cannot tackle these challenges alone and require coordinated efforts from port authorities, governments, and the private sector.
Splash247
The Delia group, backed by the Vellis family, has been linked to a new tanker order in Asia, as reported by Splash247. The order involves two 115,000 dwt product carriers at HD Hyundai's Philippines yard, priced around $76 million each, with deliveries scheduled for 2028.
Splash247
Brazilian offshore driller Constellation Oil Services has renegotiated contracts with Petrobras, adding nearly 10 years of extensions for the rigs Brava Star, Gold Star, and Alpha Star, as reported by Splash247. These amendments will bolster long-term fleet utilization and cash generation, resulting in approximately $1.1 billion of additional backlog.
Splash247
Borr Drilling has announced new contracts for four of its rigs, including the Prospector 5, which has received a letter of award from BW Energy in Gabon, as reported by Splash247. The Prospector 5 will be engaged for a firm scope of four wells in West Africa.
