Stay informed with real-time maritime industry updates
Seatrade Maritime
K Line, a Japanese shipping company, has begun utilizing carbon-neutral bio-LNG for its gas-fueled car carriers, as reported by Seatrade Maritime. This move marks a significant step towards sustainability in maritime operations.
Seatrade Maritime
The Jubail container terminal, operated by Saudi Global Ports Co, has commenced operations in the Gulf, as reported by Seatrade Maritime. This development marks a significant upgrade in Saudi Arabia's port infrastructure.
Splash247
China's COSCO is reportedly in advanced negotiations with CSSC's Hudong-Zhonghua Shipbuilding to acquire up to 12 LNG dual-fuel container vessels, valued at over $2 billion, as reported by Splash247. The ships are expected to be 14,000 teu neo-panamax models.
Splash247
Venergy Maritime, a Greek company based in Piraeus and led by Vyron Vasileiadis, is advancing its crude tanker operations by ordering up to six suezmax newbuilds from Chinese shipyards, as reported by Splash247. The firm has confirmed contracts for two 158,000 dwt vessels at Shanghai Waigaoqiao Shipbuilding, with options for two additional units.
Splash247
Ukraine has intensified its campaign against Russian energy exports with strikes on several key locations, including the Sheskharis oil terminal at Novorossiysk and the Baltic port of Primorsk, as reported by Splash247. The attacks also targeted the Lukoil NORSI refinery in the Nizhny Novgorod region and a grain-carrying vessel in the Sea of Azov.
Seatrade Maritime
Seatrade Maritime reports the first LNG carrier transits of the Strait of Hormuz, marking a significant development in maritime operations. Additionally, dislocated tonnage is influencing the tanker market, while VLCC loadings in Yanbu are experiencing a surge.
Splash247
Hafnia has placed an order for eight new MR tankers at HD Hyundai Heavy Industries, valued at approximately $405 million, as reported by Splash247. The BW Group-backed company plans to enhance its fleet with these fuel-efficient vessels, which are scheduled for delivery between Q3 2028 and Q2 2029.
Splash247
President Donald Trump has demanded the reopening of a critical strait amid escalating tensions in the Gulf, as reported by Splash247. The weekend saw fresh attacks on Gulf port infrastructure and disputed claims involving a Mediterranean Shipping Co (MSC) vessel, while new data shows crude tanker tonne-miles have plummeted to unprecedented lows.
Splash247
Swedish authorities have seized the chemical tanker Flora 1, flagged under Sierra Leone, on suspicion of conducting an illegal oil spill in the Baltic Sea, as reported by Splash247. The 21-year-old vessel was detained after aerial photos indicated a possible oil discharge.
Splash247
Djibouti has inaugurated a new ship repair yard, developed with Damen Shipyards and financed by Invest International, as reported by Splash247. The Djibouti Ship Repair Yard (DSRY) is positioned as the largest facility of its kind in the Red Sea and East Africa.
