Stay informed with real-time maritime industry updates
Seatrade Maritime
Pax Ocean has inaugurated a new $157 million shipyard in Singapore, replacing a smaller facility, as reported by Seatrade Maritime. The new yard is equipped to handle newbuilding, fabrication, conversion, and repair work.
Splash247
Solstad Offshore has secured a contract for its construction support vessel Normand Tonjer, as reported by Splash247. The Oslo-listed company announced that the contract will commence in February and last for 225 days, with options for extension.
Seatrade Maritime
Seatrade Maritime reports that shippers are facing confusion due to mixed signals from Maersk regarding its operations in the Red Sea, described as a 'bizarre week'. Meanwhile, MDS Transmodal has launched a new Suez Canal monitoring service to provide better insights for shippers.
Seatrade Maritime
Seatrade Maritime highlights Maersk's financial challenges as the company reports losses, while the captain of the Solong faces imprisonment. The publication also notes the growing trend of dual-fuel vessels in the industry.
Splash247
Tsakos Energy Navigation is reportedly nearing a deal with HD Hyundai Heavy Industries for two LNG carriers, marking its first gas ship orders in seven years, according to Splash247. The Greek company is considering two firm orders with options for two additional vessels.
Splash247
Minerva Marine, a Greek shipping company, has placed an order for two suezmax crude tankers at China's Hengli Shipbuilding, as reported by Splash247. The contract, valued between $160 million and $200 million, continues Minerva's expansion across multiple shipping segments.
Splash247
Mediterranean Shipping Company (MSC) has expanded its order with China's Penglai Jinglu Shipyard by adding eight more 11,500 teu dual-fuel containerships, according to Splash247. This move increases the total series to 16 sister vessels, with market sources estimating contract prices between $135 million and $140 million.
Splash247
Venergy Maritime, led by Vyron Vasileiadis, is expanding its fleet with new orders for LR2 product tankers at New Times Shipbuilding in China, as reported by Splash247. The Greek company has secured two additional LR2 newbuilds, with options for more, to enhance its presence in the product tanker sector.
Splash247
GSX Energy has expanded its LNG bunkering fleet by confirming an order for two more vessels at Nantong CIMC Sinopacific Offshore & Engineering, bringing the total to four ships, as reported by Splash247. The company, established in October 2025, is a joint venture involving SeaKapital Holdings and Seacon Shipping.
Splash247
Norwegian offshore contractor DOF Group has been awarded a significant well intervention contract with Shell Offshore in the Gulf of Mexico, as reported by Splash247. The contract involves hydraulic subsea well intervention services and will be managed by DOF’s regional subsea team.
