Stay informed with real-time maritime industry updates
Aegean Shipping Management has entered the VLCC sector by ordering two supertankers from Hengli Heavy Industries in China, as part of a larger four-ship newbuilding package, Splash247 reports. The Piraeus-based company also contracted two LR2/aframax tankers, though pricing and delivery details remain undisclosed.
gCaptain
Satellite images obtained by Reuters confirmed the presence of a structure at the entrance of the Scarborough Shoal in the South China Sea, though it was later no longer visible, as reported by gCaptain. The images highlight ongoing tensions in the disputed region.
gCaptain
The flow of tankers through the Strait of Hormuz has increased recently as traders employ stealth measures, according to gCaptain. This development is releasing some of the oil inventories trapped in the Gulf, but it does not indicate a return to normalcy, as reported by the source.
gCaptain
The Royal Navy has introduced a new underwater mine disposal system on the RFA Lyme Bay as part of a collaborative operation with France to clear naval mines, according to gCaptain. This initiative is part of a broader 15-nation coalition forming in the Strait of Hormuz.
gCaptain
Taiwan plans to significantly increase its stockpile of anti-ship missiles to over 1,800 by early 2029 to counter potential threats from China, as reported by gCaptain. This strategic move aims to bolster Taiwan's defense capabilities against possible blockades or invasions.
gCaptain
The UK and France have finalized plans to spearhead a multinational mine-clearing mission in the Strait of Hormuz, as reported by gCaptain. This initiative follows an agreement between the US and Iran to reopen the strategic waterway.
Offshore Energy
Delfin Midstream has finalized a $5 billion investment decision for the first floating LNG vessel, which will be part of an LNG project in Louisiana, as reported by Offshore Energy. This development marks a significant milestone for the U.S.-based LNG export infrastructure company.
Seatrade Maritime
Hengli Heavy Industry has signed contracts for a diverse portfolio of 25 newbuild vessels with Greek shipowners, as reported by Seatrade Maritime. The deal was finalized in Athens, marking a significant expansion for the shipyard.
Seatrade Maritime
Asyad Drydock in Oman has experienced a 10% increase in business this year, setting a new record for the repair yard, as reported by Seatrade Maritime. The growth is attributed to a significant rise in drydockings.
Offshore Energy
Jasmine Energy, a subsidiary of Singapore's Rex International, has initiated a multi-well drilling program using a nine-year-old jack-up rig from Northern Offshore, as reported by Offshore Energy. The operation is taking place off the coast of Oman.
