Stay informed with real-time maritime industry updates
Offshore Energy
Norwegian energy data company TGS has initiated two offshore acquisition campaigns, as reported by Offshore Energy. The campaigns are taking place offshore Africa and in the US Gulf.
Splash247
Greek shipping companies Navios and Monte Nero have ordered new VLCCs in China, as reported by Splash247. Navios has contracted four 310,000 dwt crude carriers at Wuhu Shipyard for delivery in 2028, with prices estimated between $118m and $120m each.
Seatrade Maritime
HMM has reported staying profitable in the fourth quarter despite facing sharply declining freight rates and oversupply from newbuilding deliveries in 2025, as highlighted by Seatrade Maritime. The South Korean line is navigating these challenges while maintaining its financial stability.
Splash247
Windward, a maritime analytics firm, forecasts that at least 120 sanctioned tankers, currently falsely flagged, are expected to reflag to Russia's registry in the near future. This shift comes as Western efforts to intercept stateless shadow fleet vessels prompt a change in Russia's oil export logistics, as reported by Splash247.
Splash247
Splash247 reports that Hapag-Lloyd is collaborating with WiseTech Global to trial IoT technology across its fleet of 2 million smart containers. This initiative aims to enhance real-time global visibility, tracking, and data collection for the German liner's containers.
Splash247
French private equity firm Eurazeo has successfully secured a €175m first closing for its Eurazeo Sustainable Maritime Infrastructure II (ESMI II) fund, as reported by Splash247. This achievement surpasses the initial €125m target and is nearly halfway to the €400m final goal.
Splash247
Paul Morgan, head of engineering at GTMaritime, argues that increased bandwidth from Starlink has not diminished the need for maritime-specific optimization systems but has instead enhanced their importance, as reported by Splash247. The misconception that improved connectivity alone can meet maritime demands is proving costly.
Seatrade Maritime
Elcome and MTN have been announced as initial resellers for Amazon Leo's low earth orbit satellite communication network in the shipping industry, as reported by Seatrade Maritime. This partnership aims to enhance connectivity solutions for maritime operations.
Seatrade Maritime
SeaLead, a rapidly growing mid-tier container carrier, has fallen in Alphaliner's rankings due to the termination of charters on sanctioned vessels, as reported by Seatrade Maritime. This development marks a significant shift for the company in the competitive shipping industry.
Splash247
Tufton Assets, listed in London, has committed to purchasing two Japanese-built handysize bulkers for $33 million, reflecting its positive outlook on the dry bulk market, as reported by Splash247. The vessels are described as high-specification eco-design ships, acquired at approximately 85% of their depreciated replacement cost.
