Stay informed with real-time maritime industry updates
Offshore Energy
Pacific Basin Shipping, based in Hong Kong, has revised its fleet expansion strategy, opting for six Handysize vessels and four conventional Ultramax newbuilds, as reported by Offshore Energy. The company has also secured an option to acquire two dual-fuel Ultramax ships.
Seatrade Maritime
Seatrade Maritime reports that MSC has joined a joint venture to develop a transhipment port in Ho Chi Minh City. TiL has acquired a 49% stake in the Vietnam megaport project, aiming to enhance international transhipment capacity.
Seatrade Maritime
Seatrade Maritime highlights a 2026 CMA session focusing on the key elements driving maritime success, including access to capital and investments in green technology. The session aims to provide insights into the future of global shipping operations.
Splash247
Geneva-based Advantage Tankers has placed orders for two 307,000 dwt crude carriers with Dalian Shipbuilding Industry Co in China, as reported by Splash247. This move marks a departure from the company's previous reliance on South Korean shipyards.
Splash247
Transocean has secured a five-well contract for its drillship Deepwater Asgard in the Eastern Mediterranean Sea, as reported by Splash247. The contract, valued at $158 million, is set to commence in the fourth quarter of 2026.
Offshore Energy
Transocean, a Swiss offshore drilling contractor, has secured a lucrative 390-day contract for its ultra-deepwater drillship in the Eastern Mediterranean Sea, as reported by Offshore Energy. This assignment highlights the company's ongoing expansion in the region.
Offshore Energy
German propulsion manufacturer Schottel is providing propulsion packages for two Spanish hybrid tankers, as reported by Offshore Energy. This initiative highlights Schottel's commitment to advancing hybrid technology in maritime operations.
Seatrade Maritime
Seatrade Maritime reports on the latest weekly time charter rates for dry bulk and tanker shipping as of April 15. The report provides insights into the current market trends affecting these vessel types.
Splash247
Geneva-based broker Lightship is undergoing a leadership reshuffle to support its growth in the dry bulk market, as reported by Splash247. Sune Fladberg, previously the chief executive, has been promoted to vice chairman of the executive board, focusing on long-term strategy and business development.
Splash247
Euroseas has secured a significant rate increase for its feeder vessel EM Kea, as reported by Splash247. The 3,100 teu ship will continue its charter for at least 36 months, highlighting the robust demand in the smaller boxship segment.
