Stay informed with real-time maritime industry updates
Offshore Energy
Norwegian energy data and intelligence company TGS has secured its third offshore wind contract for the summer season in Europe, as reported by Offshore Energy. This contract marks another step for TGS in expanding its presence in the European renewable energy sector.
Offshore Energy
Petrobras has approved a $12 billion investment for new oil and gas developments in the Sergipe Alagoas Basin, Offshore Energy reports. SBM Offshore will manage two FPSO vessels to support these projects, marking a significant advancement in Brazil's energy sector.
gCaptain
Russian drones attacked Ukraine's Izmail port in the Odesa region, damaging a Panama-flagged vessel, as reported by Ukrainian officials. The incident occurred overnight, according to gCaptain.
gCaptain
A tanker under US sanctions, reportedly linked to China, is navigating out of the Strait of Hormuz into the Gulf of Oman, challenging a naval blockade by President Donald Trump, as reported by gCaptain.
Offshore Energy
China Merchants Heavy Industry (CMHI) has commenced the hull assembly for Asso.subsea's new cable layer by holding a keel laying ceremony, as reported by Offshore Energy. This marks a significant step in the vessel's construction process.
Splash247
Diplomatic efforts continue as Pakistan proposes a second round of talks between Washington and Tehran, according to Splash247. This development comes as the US naval blockade of Iranian ports enters its second day, with the Hormuz crisis nearing its 50th day.
Splash247
The shipping industry is experiencing a significant increase in insurance claims due to an aging global fleet, as highlighted in the latest data from the Nordic Association of Marine Insurers (Cefor). Splash247 reports that Cefor's 2025 Nordic Marine Insurance Statistics indicate ocean hull claims costs are 33% higher than pre-pandemic levels.
Seatrade Maritime
Cosco Shipping Bulk has launched its first container service, with the maiden call taking place at the Nansha Port Area in Guangzhou, as reported by Seatrade Maritime. This marks a significant expansion for the Chinese bulk shipping service provider into the container market.
Seatrade Maritime
Seatrade Maritime reports that the recent surge in bunker fuel prices has significantly enhanced the return on investment for wind-assisted propulsion systems, with some achieving payback in under a year. This development highlights the growing appeal of sustainable technologies in the maritime industry.
Splash247
Mediterranean Shipping Co (MSC) has become the first container carrier to operate 1,000 ships, as reported by Splash247. The milestone was achieved with the delivery of the 11,480 teu MSC Migsan from Zhoushan Changhong shipyard in China, according to Linerlytica.
