Stay informed with real-time maritime industry updates
Seatrade Maritime
Hutchison Ports is enhancing its operations at Mexico's Port of Veracruz by investing $24 million in a new berth and port equipment, as reported by Seatrade Maritime. This expansion aims to increase the port's capacity and efficiency.
gCaptain
Russia's crude output has decreased for the second consecutive month in January, as reported by gCaptain. This decline comes as the country struggles to market its oil due to US sanctions.
Offshore Energy
Saipem's first resident underwater intervention drone has successfully completed another autonomous mission, as reported by Offshore Energy. This marks a significant milestone in autonomous underwater operations.
Splash247
Belgian shipowner CMB.TECH has sold two very large crude carriers, Ingrid and Ilma, as part of its fleet renewal strategy, securing a capital gain of nearly $100 million, reports Splash247. The Antwerp-based company plans to deliver the 2012-built vessels to an undisclosed new owner in the second quarter.
Splash247
Antin Infrastructure Partners, a French private equity firm, has acquired the American shipyard Vigor Marine Group from Lone Star Funds, as reported by Splash247. Antin plans to expand Vigor Marine's capacity across its locations in Seattle, Portland, Vancouver, San Diego, and Norfolk.
Splash247
AET, the tanker arm of Malaysia’s MISC, has ordered its first hybrid electric shuttle tanker from Dalian Shipbuilding Industry Corp, as reported by Splash247. The 154,000 dwt unit is scheduled for delivery in 2028, marking a step towards lower emissions in AET's fleet.
Seatrade Maritime
Seatrade Maritime reports that major dry bulk shipping companies, including Torvald Klaveness and Precious Shipping, are prioritizing crew safety by avoiding transit through the Red Sea. This decision reflects heightened concerns over security in the region.
Splash247
PaxOcean has inaugurated a new S$200m shipyard at 5 Jalan Samulun in Singapore, as reported by Splash247. The facility, located in the Jurong Industrial Estate, includes two large graving docks and a floating dock, enhancing its capacity to support complex maritime and offshore projects.
Splash247
India's coast guard has detained three tankers around 100 nautical miles west of Mumbai in a coordinated effort to dismantle an international oil-smuggling network, as reported by Splash247. The operation targeted syndicates using mid-sea transfers in international waters to transport cheap oil from conflict zones to motor tankers, thereby avoiding coastal duties.
Splash247
The Sealloyd Arc, a Panama-flagged container vessel, sank off Phuket while en route from Port Klang to Chattogram after developing a severe list. As reported by Splash247, the ship's master issued an abandon-ship call, and all 16 Bangladeshi crew members were evacuated safely by Thai authorities and nearby craft.
