Yangzijiang Shipbuilding Reports Record Profits and Orderbook in 2025
Yangzijiang Shipbuilding has achieved a record performance in 2025, with profits increasing by 28% as its orderbook exceeded $22 billion, according to Seatrade Maritime.
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Seatrade Maritime
Yangzijiang Shipbuilding has achieved a record performance in 2025, with profits increasing by 28% as its orderbook exceeded $22 billion, according to Seatrade Maritime.
Offshore Energy
Cheniere Marketing International, a subsidiary of Cheniere Energy, has exercised an option for additional newbuild vessel charters from Ocean Yield and NYK, as reported by Offshore Energy. This move underscores Cheniere's strategic expansion in the LNG sector.
Seatrade Maritime
Seatrade Maritime reports that analysts of listed tanker stocks are increasing target prices, anticipating continued growth in VLCC rates. The article discusses potential factors influencing the market's future trajectory.
Offshore Energy
Offshore Energy reports that the U.S. Energy Department has approved a 12% expansion in exports at Cheniere Energy's Corpus Christi facility. This approval elevates Corpus Christi to the position of the second-largest LNG export project in the United States.
Splash247
Thun Tankers, based in Gothenburg and part of the Erik Thun Group, has commissioned two product carriers from Dutch yard Ferus Smit, as reported by Splash247. These vessels, designed for restricted waterways and smaller ports, will feature the new 'AccessMAX' design and are set for delivery in 2028 and 2029.
Offshore Energy
TotalEnergies has entered into a preliminary agreement to offtake liquefied natural gas (LNG) from Alaska for 20 years, as reported by Offshore Energy. This letter of intent marks a significant step in securing LNG supply for the French energy giant.
Splash247
National Fortune Shipping Group from China is making strides in the capesize sector by naming its first vessels NF Fortune and NF Future, as reported by Splash247. The company, incorporated on April 2, 2025, is signaling its growth ambitions with these initial moves.
Splash247
Capital Tankers Corp has increased its Oslo private placement to $500 million due to strong investor interest, as reported by Splash247. The tanker owner, supported by Capital Maritime & Trading Corp, saw its share sale oversubscribed multiple times, leading to an expansion of the primary offering ahead of its Euronext Growth Oslo listing next month.
Splash247
Splash247 reports that the US Supreme Court has ruled former President Donald Trump violated federal law by using the International Emergency Economic Powers Act to impose global tariffs. This decision has created confusion in the shipping industry as the transpacific contracting season begins.
Offshore Energy
Reach Subsea, based in Norway, has secured a contract to conduct an external inspection of Gassco's subsea pipelines, as reported by Offshore Energy. The operation will utilize a fully certified Reach Remote USV.