Stay informed with real-time maritime industry updates
Splash247
Splash247 reports that KESTO, a joint venture between Denmark's Esvagt and South Korea's KMC Line, has secured its first contracts by signing a long-term vessel deal with Vestas for the Shinan-Ui offshore wind farm. This agreement will see KESTO providing offshore service logistics to Vestas starting in 2028.
Splash247
Floatel International has finalized a six-month contract for the Floatel Victory in Brazil, as reported by Splash247. The deal, initially a letter of intent in October, extends the vessel's stay in South America in partnership with Brava Energia.
Seatrade Maritime
Gemini carriers have decided to reroute their ME11 service back to the Suez Canal due to increasing tensions in the Straits of Hormuz, as reported by Seatrade Maritime. This marks the first of their alliance services to be redirected, with more expected to follow.
Offshore Energy
Mercuria has finalized a 20-year liquefied natural gas (LNG) sale and gas supply agreement with a project in Louisiana, as reported by Offshore Energy. This project is being developed by Caturus, an integrated gas and LNG company controlled by Kimmeridge.
Offshore Energy
QatarEnergy has finalized long-term LNG agreements with Malaysia's Petronas and Japan's METI and JERA, strengthening bilateral relations, as reported by Offshore Energy. These deals highlight Qatar's strategic partnerships in the energy sector.
Splash247
Hong Kong's CK Hutchison has started arbitration proceedings against Panama following a Supreme Court ruling that annulled its concession contracts for two key ports at the Panama Canal, as reported by Splash247. The arbitration is being conducted under the International Chamber of Commerce.
Splash247
India's national container shipping line, Bharat Container Shipping Line (BCSL), is being established following the signing of a memorandum of understanding in New Delhi, as reported by Splash247. This state-backed initiative aims to create an integrated container ecosystem and strengthen India's maritime trade presence.
Splash247
Splash247 reports that the car carrier newbuilding spree is cooling due to overcapacity fears in the pure car and truck carrier market. AXSRoRo's latest newsletter highlights that contracting activity for 2025 has dropped to its lowest in years after four years of record ordering.
Splash247
Haskoning has acquired Portwise, a Netherlands-based firm specializing in port and terminal planning, as reported by Splash247. Portwise is known for its expertise in simulation-driven consultancy to enhance port operations. The acquisition aims to leverage both companies' global reach for localized delivery of international expertise.
gCaptain
Royal Caribbean Group has placed an order for two Discovery class ships from Chantiers de l'Atlantique, with options for four more, as reported by gCaptain. Additionally, the company committed to 10 new Celebrity river cruise vessels following a robust Q4 performance with $4.3 billion in revenues.
