Stay informed with real-time maritime industry updates
Offshore Energy
Jadestone Energy has entered into an agreement with PV Gas, a subsidiary of Petrovietnam, enabling the development of gas discoveries off Vietnam's coast, as reported by Offshore Energy. This deal marks a significant step for Jadestone's Southeast Asian offshore ambitions.
Splash247
Shishi Dingsheng Shipping, based in China, is expanding its operations by ordering two 114,000 dwt LR2 tankers, marking its first foray into the large product tanker segment, as reported by Splash247. The vessels will be constructed at Taizhou Kouan Shipbuilding, although the contract price remains undisclosed.
Splash247
Greek owner Lavinia Tankers, led by Panos Laskaridis, has expanded its crude tanker fleet by securing a fourth suezmax newbuilding at South Korea’s DH Shipbuilding, as reported by Splash247. This move follows their decision in March to confirm a third vessel at the same yard.
gCaptain
The ceasefire between the United States and Iran is at risk after the U.S. seized an Iranian cargo ship, as reported by gCaptain. Iran has vowed to retaliate and is currently refusing to participate in new peace talks.
Offshore Energy
Mammoet, a Netherlands-based heavy lifting and transport provider, has optimized two topside decommissioning projects in the North Sea through integrated planning, reducing both costs and delivery time, as reported by Offshore Energy.
Splash247
Yangzijiang Shipbuilding is expanding its operations by establishing a dedicated ship repair and conversion arm, Jiangsu Yangzi Hongda Shipbuilding and Repair, as reported by Splash247. The Singapore-listed company aims to address the rising demand for retrofit and green upgrades with this new $100 million subsidiary.
Offshore Energy
Dajin Heavy Industry has launched King Two, its second heavy deck carrier designed for transporting 25 MW wind turbine components, as reported by Offshore Energy. This marks a significant step in the company's expansion of its specialized fleet.
Seatrade Maritime
Seatrade Maritime reports that experts at the POLA conference highlighted potential disruptions to cargo flows and supply chains due to ongoing conflicts in the Middle East. The Strait of Hormuz was identified as a significant risk area, but the implications could extend globally, affecting trade planning and logistics.
Splash247
Nippon Yusen Kaisha, Golden Island, and Yara Clean Ammonia have signed a non-binding term sheet to explore the joint marketing and supply of low-carbon ammonia as a marine fuel in Singapore, as reported by Splash247. This initiative aims to introduce ammonia fuel to the world's busiest bunkering hub.
Seatrade Maritime
Seaspan has placed an order for four 65,200 dwt multipurpose vessels from New Dayang, as reported by Seatrade Maritime. This move marks a shift for Sumec towards more innovative ship designs.
