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Ardmore Shipping, based in Ireland, has expanded its tanker fleet renewal by exercising options for two additional product and chemical carriers at Wuhu Shipyard in China, as reported by Splash247. This move increases Ardmore's orderbook at the Chinese yard to four vessels.
Norwegian developer LH2 Shipping has secured additional funding from Enova for two more liquid hydrogen-powered bulk carriers, as reported by Splash247. This funding increases the company's hydrogen shipping program to six vessels, with total public support exceeding NOK 800 million ($74 million).
Eastern Pacific Shipping, based in Singapore, is exiting the chemical tanker market by transferring ownership of its 14-vessel fleet to Ace Tankers and Womar Tankers. The transaction is expected to conclude this week, as reported by Splash247.
Seatrade Maritime
The Trump administration's extensive Jones Act waivers have sparked controversy, as reported by Seatrade Maritime. The debate now turns to analytics to assess the impact and implications of these waivers.
Offshore Energy
Norwegian company ECOnnect Energy has been selected to supply its IQuay F-Class jettyless transfer system for the new LNG import terminal at Puerto Bahía in Cartagena Bay, Colombia, as reported by Offshore Energy. This project is part of a fast-tracked initiative to enhance LNG import capabilities in the region.
Offshore Energy
EnerMech, based in Aberdeen, has successfully completed a cleaning and preparation scope for an offshore pipeline project for ExxonMobil Australia, as reported by Offshore Energy. This project highlights EnerMech's expertise in delivering integrated solutions for the energy sector.
Seatrade Maritime
Seatrade Maritime reports that the recent US-Iran ceasefire announcement provides temporary relief but lacks long-term clarity. Stakeholders, including owners, traders, and underwriters, are advised to remain cautious and wait for further developments.
gCaptain
Two oil tankers initially en route to Africa have reversed course in the Indian Ocean, redirecting to the Middle East as shipowners prepare for the potential reopening of the Strait of Hormuz, reports gCaptain.
gCaptain
British Prime Minister Keir Starmer described the Russian frigate's firing of warning shots at a UK-flagged civilian yacht near British territorial waters as reckless and deeply concerning, according to gCaptain. The incident has raised tensions between the UK and Russia.
Seatrade Maritime
Posidonia 2026 has established a new benchmark for the maritime sector, attracting leading global shipping stakeholders at a crucial time for international trade, as reported by Seatrade Maritime.
