Latest maritime fleet updates and reports
Splash247
Taylor Maritime, a London-listed dry bulk owner, has announced the sale of its 51st handysize vessel, as reported by Splash247. The company plans to release further transaction details upon completion, according to a stock exchange filing.
Seatrade Maritime
Precious Shipping is expanding its fleet by acquiring a 20-year-old MR product tanker, as reported by Seatrade Maritime. This marks the company's entry into the product tanker market.
BigLift Shipping has ordered a new heavylift vessel, a sister ship to the Happy Star, from Dalian Shipbuilding Offshore, with delivery expected in June 2028, reports Splash247. The contract includes an option for a second ship, though pricing details have not been disclosed.
Seatrade Maritime
Hapag-Lloyd's acquisition of Zim, valued at $4 billion, aims to establish a 400-ship, 3 million TEU container line, as reported by Seatrade Maritime. The deal is pending shareholder and regulatory approvals.
Splash247
SeaLead has appointed Cho Kit Wei as its new chief executive officer, effective March 2, 2026, as reported by Splash247. Cho, who has been with the Singapore-based liner operator since 2021, previously held senior roles at Simatech.
gCaptain
Hapag-Lloyd is in advanced negotiations to acquire ZIM Integrated Shipping Services, as reported by gCaptain. This acquisition would further consolidate Hapag-Lloyd's position among the world's largest ocean shipping companies.
Splash247
The 2002-built capesize bulker Beihai has been sold for demolition in Bangladesh, marking the first capesize recycling deal of the year, as reported by Splash247. The vessel, managed by Green Ocean Ship Management and flying the flag of St Kitts & Nevis, is noted as a rare vintage sale.
Splash247
The Jamaica-flagged LR1 tanker Diana, sanctioned by the US Treasury's OFAC in December, has been sold for recycling, as reported by Splash247. The 72,700 dwt vessel is currently anchored in the demolition zone at Alang.
Splash247
Ashapura Shipping Group, based in Kandla, has entered the shipowning market by acquiring a 14-year-old handysize bulk carrier from Wilmar, as reported by Splash247. The vessel, previously named Arawana, has been renamed Imperial Varalaxmi. No financial details of the transaction have been disclosed.
Splash247
Hapag-Lloyd is in advanced discussions to acquire Zim Integrated Shipping Services, a deal potentially valued at $3.7 billion, as reported by Splash247. The Hamburg-based carrier stated that no binding agreement has been signed yet, pending approvals from its management and supervisory boards.
