Stay informed with real-time maritime industry updates
Offshore Energy
Hafnia, a Singapore-based tanker owner, has ordered eight fuel-efficient product tankers from a South Korean shipyard, as reported by Offshore Energy. This move aligns with Hafnia's commitment to enhancing its fleet's environmental performance.
Southern LNG Company, part of Kinder Morgan, has been authorized to increase LNG exports from its terminal in Chatham County, Georgia, as reported by Offshore Energy. This approval allows for more shipments to countries without free trade agreements with the US.
Splash247
Lila Global's strategic investment in a Very Large Crude Carrier (VLCC) has resulted in a 55% surge in asset value, as reported by Splash247. The Cosgrand Lake, a Japanese-built, scrubber-fitted vessel, was sold by COSCO to GMS for approximately $35 million, marking a significant market move.
gCaptain
A French-owned container ship has successfully exited the Strait of Hormuz, marking the first known transit by a Western European vessel since the onset of the conflict that nearly closed the strategic waterway, as reported by gCaptain.
Splash247
Zhonggu Logistics is advancing its fleet expansion by commissioning 10 feeder containerships from Wuhan Qingshan Shipyard, as reported by Splash247. The Shanghai-listed company plans to invest up to $392 million in these 1,800 teu vessels, with deliveries expected between 2028 and 2029.
Splash247
Splash247 reports that Iran's parliament has approved a formal toll and access regime for the Strait of Hormuz, amid ongoing conflict involving the US/Israeli coalition. Additionally, satellite imagery has confirmed significant damage to Russia's main energy exporting ports due to Ukraine's continued Baltic bombardment campaign.
Splash247
Erasmus Shipinvest Group, based in Athens, has expanded its container ship fleet by ordering two 1,800 teu feeder container vessels from CSSC Guangzhou Huangpu Wenchong, with options for two additional units, as reported by Splash247.
Offshore Energy
Chevron Mediterranean Limited, a subsidiary of Chevron, has restarted gas production from a major natural gas project off the coast of Israel, as reported by Offshore Energy. This follows a temporary shutdown due to regional safety concerns.
Offshore Energy
ZenaTech, a Canadian company, has introduced a new autonomous underwater vehicle (AUV) prototype, marking its entry into the underwater robotics market, as reported by Offshore Energy. The company specializes in AI drone technology and drone as a service (DaaS).
Splash247
BlackRock has acquired a 5.01% stake in Samsung Heavy Industries, signaling strong institutional confidence in the shipbuilding sector, as reported by Splash247. Samsung Heavy has secured $3.1 billion in orders this year across 16 vessels.
