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Splash247
fleet April 13, 2026

Buana Lautan Acquires Vintage LNG Carrier Seapeak Jupiter

Indonesia's Buana Lautan Line has purchased the 138,000 cu m LNG carrier Seapeak Jupiter, now renamed Gas Polaris, for $14.9 million, as reported by Splash247. This acquisition marks a rare case of a vintage steam turbine LNG carrier being repurposed instead of scrapped.

Seapeak Jupiter (LNG carrier) Gas Polaris (LNG carrier)
Splash247
fleet April 13, 2026

Vintage Aframax Tanker Sells for Record $33M

A 22-year-old aframax tanker, Asia Ascend, has been sold for a record $33 million to an undisclosed buyer in China, as reported by Splash247. The vessel, previously sold by Greece’s IMS for $22 million to the Marshall Islands-registered Global Crown, highlights a new benchmark in the vintage aframax segment.

Asia Ascend (tanker) Global Crown (tanker)
Splash247
fleet April 13, 2026

Yangpu Zhongxin Expands into Tanker Market with $350m Deal

Yangpu Zhongxin Shipping, a Chinese bulker owner, is expanding its presence in the tanker sector with a newbuilding agreement valued at nearly $350 million, as reported by Splash247. The Hainan-based company has contracted Yangzhou Ryuwa Shipbuilding to construct up to five 114,000 dwt LR2 product carriers, including three firm orders and options for two additional vessels.

Splash247
security April 13, 2026

Seafarers Face Challenges Amid Hormuz Crisis

The ongoing Gulf crisis, with the US president calling for a Hormuz blockade, is drawing comparisons to the early-pandemic isolation faced by seafarers, according to Splash247. Steven Jones, founder of the Seafarers Happiness Index, highlights the difficulties crews are experiencing in this tense environment.

gCaptain
ports April 12, 2026

Gulf Energy Infrastructure Hit Amid Iran Conflict

As reported by gCaptain, numerous energy infrastructures, including refineries and ports, have been damaged due to missile and drone strikes in the Gulf region during the ongoing conflict with Iran. The article by Dylan Griffiths and Carlos Caminada highlights the significant impact on regional energy facilities.

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