Stay informed with real-time maritime industry updates
Seatrade Maritime
Seatrade Maritime highlights the urgency for vessel owners to evacuate crews stranded in the Gulf due to the ongoing stalemate at the Strait of Hormuz. With little hope for a resolution allowing safe passage, the situation calls for immediate action.
Offshore Energy
Subsea7 has secured a significant contract with Vår Energi for a gas export project in the Barents Sea, as reported by Offshore Energy. This project is located off the coast of Norway.
Offshore Energy
BP and ExxonMobil are set to increase production at an offshore platform in the Gulf of Mexico with the introduction of a new subsea pump, as reported by Offshore Energy. The collaboration aims to boost output in the region.
Offshore Energy
Weatherford International has been contracted by Esso Exploration & Production Nigeria Ltd., an ExxonMobil affiliate, for a deepwater integrated completions project off the coast of Nigeria, as reported by Offshore Energy. This assignment highlights ongoing developments in Nigerian waters.
Offshore Energy
Venture Energy, based in Hong Kong, is enhancing its procurement of green methanol from China, as reported by Offshore Energy. The firm is focused on trading clean fuels to meet growing environmental demands.
Splash247
Greek shipping veteran Peter Georgiopoulos is re-entering the very large crude carrier (VLCC) market with United Overseas Group (UOG) placing orders for up to 10 newbuildings at Wison New Energies in China, as reported by Splash247. This move marks Georgiopoulos' third venture in the VLCC sector, following his leadership roles at General Maritime and Gener8 Maritime.
Splash247
Frontline, a tanker company controlled by John Fredriksen, has confirmed the sale of its two oldest suezmax tankers, built in 2014 and 2015, as part of a fleet renewal strategy, according to Splash247. The New York and Oslo-listed company agreed to the sale in April to an unrelated buyer.
Splash247
Greek containership owner Euroseas has partnered with Norwegian investors to co-own a newbuild vessel, as reported by Splash247. The joint venture involves a group of investors represented by NRP Project Finance and pertains to the third vessel in a series of 4,484 teu containerships under construction in China.
Offshore Energy
Italy's energy company Eni has successfully secured three new long-term LNG supply agreements for its gas projects in Indonesia, as reported by Offshore Energy. This development marks a significant milestone for Eni in Southeast Asia.
gCaptain
Japan is set to receive its first oil shipment from the Persian Gulf through the Strait of Hormuz since the onset of the Iran war, as reported by gCaptain. This marks a significant development for one of Asia's largest energy importers.
