Latest maritime fleet updates and reports
gCaptain
Danaos has reported strong fourth-quarter earnings for 2025, securing $4.3 billion in contracted revenue and expanding into LNG through a partnership with the Alaska LNG project, as reported by gCaptain. The company maintains robust charter coverage and high fleet utilization, ensuring earnings visibility through 2028.
Seatrade Maritime
Dynacom has ordered nine suezmax tankers from Hengli, as reported by Seatrade Maritime. The total order includes ten suezmaxes valued between $700 million and $1 billion, with one order placed by an anonymous European owner.
Splash247
Dynacom Tankers Management, led by George Procopiou, is expanding its fleet with an order for nine suezmax newbuildings at Hengli Shipbuilding in China. As reported by Splash247, this order is part of a larger batch of ten 158,000 dwt crude carriers recently booked at the yard.
Offshore Energy
Vantage Drilling International has secured a multi-year contract for its 2010-built drillship with India's state-owned ONGC, as reported by Offshore Energy. The drillship will operate off the coast of India, marking a significant assignment for the Bermuda-exempted offshore drilling contractor.
Splash247
Sinokor has become the largest operator of Very Large Crude Carriers (VLCCs) worldwide, following a significant acquisition of over 50 secondhand VLCCs and securing substantial tonnage under time charter, as reported by Splash247.
Splash247
Nordic American Tankers has sold its 2003-built suezmax, Nordic Pollux, for $25 million, highlighting the robust secondhand market for older tankers, as reported by Splash247. The sale of the Japan-built 150,103 dwt tanker was completed debt-free, with all proceeds going to the New York-listed owner.
Seatrade Maritime
AET has placed an order for the first hybrid-electric dynamic positioning shuttle tanker, set to be delivered by Dalian Shipbuilding in 2028, as reported by Seatrade Maritime. This dual-fuel ethanol-ready suezmax vessel marks a significant step in sustainable maritime technology.
Splash247
Danaos, a New York-listed company, has announced its entry into the bulker newbuild market with an order for two newcastlemax bulkers, each with a capacity of about 211,000 dwt, as reported by Splash247. This move is part of a six-ship order program aimed at diversifying its fleet and investment portfolio.
Seatrade Maritime
Danaos has expanded its fleet with orders for two bulker newbuildings and 27 container ships, as reported by Seatrade Maritime. The New York-listed Greek shipowner continues to grow its orderbook with these additions.
gCaptain
Maersk has placed an order for eight 18,600-TEU dual-fuel containerships set for delivery between 2029 and 2030, as reported by gCaptain. This strategic move prioritizes operational flexibility over megaship scale, amid the company's first quarterly loss in years due to freight rate pressure and global overcapacity.
