Stay informed with real-time maritime industry updates
gCaptain
Russia is exporting the most crude oil since its 2022 invasion of Ukraine, as reported by gCaptain. This increase comes amid record drone attacks by Kyiv on Russian oil refineries, pushing more barrels into the global market.
AD Ports Group has made its largest acquisition to date by purchasing Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura (CLI) for $835 million, as reported by Splash247. This strategic move marks the Abu Dhabi-based company's entry into the South American market, enhancing its agrifoods business and facilitating further expansion in Latin America.
Eastern Pacific Shipping and Champion Tankers have teamed up to create a new IMO II medium-range tanker pool, as reported by Splash247. This Singapore-based initiative will consolidate eight vessels under a single commercial platform to enhance their presence in the product and chemical tanker markets.
Offshore Energy
Dolphin Drilling, based in Aberdeen and listed in Oslo, has secured a multimillion-dollar contract with an unnamed UK oil and gas operator for one of its semi-submersible rigs, as reported by Offshore Energy. The assignment highlights the company's capabilities in harsh environment drilling.
gCaptain
The MSC Sariska V, a containership operated by Mediterranean Shipping Company, was struck by two projectiles while leaving Iraq's Port of Umm Qasr, as reported by gCaptain. This incident marks one of the most serious attacks on a commercial vessel in the region.
Seatrade Maritime
Capital Maritime founder Evangelos Marinakis has called for the dismantling of over 1,000 'dark fleet' ships, citing their environmental risks and negative economic impact on legitimate traders, as reported by Seatrade Maritime. Marinakis emphasized the urgency of addressing this issue to protect the maritime industry.
Offshore Energy
Ineos Energy, based in London, has entered into a liquefied natural gas (LNG) supply agreement with Japan's Marubeni Corporation, enhancing LNG availability in Asia. Offshore Energy reports that this deal aims to strengthen the region's energy resources.
Unite, the UK's largest offshore trade union, has announced a strike by its members employed by Bilfinger on North Sea assets operated by Ithaca Energy, as reported by Splash247. The industrial action, set for June, follows Bilfinger's refusal to extend a retention bonus to around 20 workers on the Alba FSU and its floating production facility (FPF1).
Offshore Energy
Bilfinger workers have initiated a multi-day strike at Ithaca's North Sea assets due to a pay dispute, leading to an eight-day halt at a floating storage unit and a floating production facility on the UK Continental Shelf. Offshore Energy reports that the industrial action involves multiple offshore members employed by Bilfinger.
Seatrade Maritime
Greek shipping magnate George Procopiou has voiced strong opposition to the International Maritime Organization's Net Zero Framework, arguing that shipowners are being unfairly taxed for not using green fuels that are not yet available, as reported by Seatrade Maritime. The criticism highlights ongoing tensions within the industry over environmental regulations.
