Latest maritime fleet updates and reports
Offshore Energy
Petrobras has awarded a $56 million contract extension to Solstad Maritime for a construction support vessel (CSV), as reported by Offshore Energy. The two-year extension underscores the ongoing collaboration between the two companies.
Splash247
The VLCC newbuilding market has reached unprecedented levels, with orders in late 2025 and early 2026 surpassing the highest annual total previously recorded, as reported by Splash247. The orderbook-to-fleet ratio has surged from 10% to 26% over 15 months, a sharp rise from around 1% in mid-2023.
Splash247
Indonesia's Buana Lautan Line has purchased the 138,000 cu m LNG carrier Seapeak Jupiter, now renamed Gas Polaris, for $14.9 million, as reported by Splash247. This acquisition marks a rare case of a vintage steam turbine LNG carrier being repurposed instead of scrapped.
Splash247
A 22-year-old aframax tanker, Asia Ascend, has been sold for a record $33 million to an undisclosed buyer in China, as reported by Splash247. The vessel, previously sold by Greece’s IMS for $22 million to the Marshall Islands-registered Global Crown, highlights a new benchmark in the vintage aframax segment.
Splash247
Yangpu Zhongxin Shipping, a Chinese bulker owner, is expanding its presence in the tanker sector with a newbuilding agreement valued at nearly $350 million, as reported by Splash247. The Hainan-based company has contracted Yangzhou Ryuwa Shipbuilding to construct up to five 114,000 dwt LR2 product carriers, including three firm orders and options for two additional vessels.
Splash247
Thenamaris has entered the very large ammonia carrier segment by ordering two 90,000 cu m newbuildings from Jiangnan Shipyard in China, as reported by Splash247. The vessels, involving CSSC Trading in the deal, are scheduled for delivery in 2029, marking Thenamaris' first foray into the VLAC space.
Seatrade Maritime
Seatrade Maritime reports that the global ship orderbook has reached a 17-year high, driven by record crude tanker orders in the first quarter of 2026. Bimco highlights this unprecedented surge in ordering activity.
gCaptain
The global shipping order book has reached its highest level in 17 years, driven by a surge in tanker orders and ongoing newbuilding demand, as reported by gCaptain. This trend highlights the robust activity in the maritime industry throughout the 2020s.
Offshore Energy
DeepOcean has entered into a charter agreement with Boskalis for the use of its newly acquired subsea vessel, as reported by Offshore Energy.
Offshore Energy
The Northern Phoenix, the third liquefied carbon dioxide (LCO2) carrier for the Northern Lights project, has been blessed and is now preparing for service, as reported by Offshore Energy.
