Stay informed with real-time maritime industry updates
Offshore Energy
Vinssen from South Korea and Dutch firm MANA Engineering are working together on a hydrogen retrofit project for a feeder vessel, as reported by Offshore Energy. This initiative aims to advance maritime decarbonization technology.
Seatrade Maritime
Eastern Pacific Shipping is undergoing senior management changes following the integration of CoolCo, as reported by Seatrade Maritime. The shipping company aims to streamline operations with these new appointments.
Offshore Energy
Boskalis has successfully completed the preparation of 150 kilometers of inter-array cable routes for the Baltica 2 project, as reported by Offshore Energy. This development marks a significant step in the cable installation process.
Seatrade Maritime
Seatrade Maritime reports that the International Labour Organization (ILO) has called for the recognition of seafarers as keyworkers on the anniversary of the Maritime Labour Convention (MLC). The International Transport Workers’ Federation (ITF) is marking the occasion with a €500,000 project aimed at enhancing seafarers’ rights in the Arab world.
Seatrade Maritime
Seatrade Maritime reports that ship recycling volumes are expected to decrease during Ramadan, with more older LNG carriers anticipated to arrive at Bangladeshi yards in the coming weeks. This trend highlights the seasonal impact on the ship recycling industry.
Splash247
Splash247 reports that the US Supreme Court has ruled President Donald Trump violated federal law by imposing global tariffs under the International Emergency Economic Powers Act, creating uncertainty as the transpacific contracting season begins.
Offshore Energy
Tidewater, a U.S. offshore vessel operator, is poised to expand its global fleet to 231 units following the acquisition of Brazil's Wilson Sons, as reported by Offshore Energy. This strategic move marks a significant growth in Tidewater's operational capacity.
Splash247
Costamare Bulkers, a Greek company listed in New York, is enhancing its fleet by acquiring a modern Japanese-built ultramax vessel named Koushun, which will be renamed Astros, as reported by Splash247. The vessel, built in 2018 with a capacity of 60,297 dwt, is expected to be delivered between the first and second quarters of 2026. This acquisition is part of Costamare's ongoing fleet renewal program, which also involves offloading two older vessels.
Splash247
As reported by Splash247, the European Energy Exchange (EEX) is playing a crucial role in freight and commodity risk management as the dry bulk sector anticipates changes ahead of Geneva Dry 2026. The market is navigating geopolitical tension, regulatory shifts, and freight volatility.
Splash247
Mercuria Energy, based in Geneva, has been identified by brokers as the buyer of the 182,100 dwt vessel Epic, as reported by Splash247. This acquisition stands out as European buyers have been notably absent from global broking reports, while Chinese buyers have been actively purchasing similar vessels.
