Stay informed with real-time maritime industry updates
Offshore Energy
Next Geosolutions, based in Naples, has completed a trenching project at a gas site off the Libyan coast, as reported by Offshore Energy. The project is operated by Mellitah Oil & Gas Libyan Branch, a consortium of National Oil Corporation of Libya and Eni North Africa.
HD Hyundai Heavy Industries has entered a cooperation agreement with Malcon to develop eco-friendly Korea-type offshore wind support vessels. As reported by Splash247, the collaboration aims to create a service operation vessel (SOV) optimized for domestic offshore wind farms and seek approval from the Korean Register.
Varamar, an Antwerp-based operator, has acquired four multipurpose vessels, marking its entry into ship ownership, as reported by Splash247. Founded by Alexander Varvarenko in 2009, the company has previously focused on chartering and operating third-party tonnage.
Offshore Energy
BW Offshore has announced a significant operational milestone for its floating production storage and offloading (FPSO) vessel at a Santos-operated gas project off Australia's coast, as reported by Offshore Energy. This achievement marks an important step in the vessel's deployment.
Seatrade Maritime
APM Terminals has completed the development of Latin America's first fully-electric terminal at Suape, significantly enhancing the port's container handling capacity by 55%, as reported by Seatrade Maritime. This advancement marks a notable step in the region's port operations.
Seatrade Maritime
Seatrade Maritime reports that the US-Iran peace deal, which includes plans to reopen the Strait of Hormuz, is being positively received by the maritime industry, including the International Chamber of Shipping (ICS) and the International Maritime Organization (IMO). The primary focus is on ensuring the safe departure of stranded crew members.
Seatrade Maritime
Seatrade Maritime reports that Capital Clean Energy Carriers is entering the LNG bunkering market through a partnership with CMA CGM. TotalEnergies will charter a 20,000 cubic meter vessel for 12 years after its delivery from Nantong CIMC Sinopacific Offshore & Engineering.
Offshore Energy
Offshore Energy reports that Saipem has announced the departure of a jacket for the largest offshore natural gas project in the EU, located in the Romanian Black Sea. This development marks a significant milestone in the project, highlighting its importance in the European energy sector.
Finland's ESL Shipping is integrating its Swedish subsidiary AtoB@C Shipping under the ESL Shipping brand, as reported by Splash247. This strategic move aims to streamline market presence and bolster its position in the shortsea dry bulk sector.
Asian shipping stocks saw a rally as investors speculated that a tentative US-Iran ceasefire deal might lead to the reopening of the Strait of Hormuz, which has been closed for 107 days, according to Splash247. However, experts caution that a return to normal navigation could be slow and uncertain.
