Latest maritime fleet updates and reports
Seatrade Maritime
Seatrade Maritime reports that Bahri, a Saudi Arabian shipping company, has achieved a record profit of $2.4 billion as its fleet surpasses 100 vessels. This growth aligns with Bahri's ongoing diversification strategy.
Offshore Energy
Transocean has initiated a merger with Valaris, creating a $17 billion offshore drilling company with a fleet of 73 rigs, including ultra-deepwater drillships and modern jack-ups, as reported by Offshore Energy. This strategic move aims to capitalize on emerging growth opportunities in the offshore drilling sector.
Seatrade Maritime
Maersk has placed an order with New Times Shipbuilding in China for eight 18,600 TEU container ships, with delivery expected to commence in 2029, as reported by Seatrade Maritime.
Offshore Energy
AET, a Singapore-based owner and operator of crude and product tankers, is enhancing its fleet with the addition of its first hybrid-electric, ethanol-ready tanker, as reported by Offshore Energy. This move aligns with AET's strategy to develop a multi-fuel fleet.
Splash247
Eidesvik Offshore has secured a charter extension from Equinor for its platform supply vessel Viking Avant, as reported by Splash247. The extension will commence immediately after the current charter ends, according to an Oslo Bors filing.
Offshore Energy
BW LPG, based in Singapore and part of BW Group, has signed two long-term time charter-out agreements for very large gas carriers, enhancing its position in the VLGC market, as reported by Offshore Energy.
Splash247
BW LPG has finalized three-year time charter contracts for its vessels, BW Tucana and BW Yushi, as reported by Splash247. These charters, commencing in January 2026, enhance BW LPG's fixed-rate time charter-out coverage.
Offshore Energy
Fratelli Cosulich has launched the first vessel in its series of four methanol-powered bunker tankers, as reported by Offshore Energy. This marks a significant step in the company's commitment to sustainable maritime operations.
Splash247
Maersk has finalized a contract with China's New Times Shipbuilding for eight large container vessels, as reported by Splash247. These 18,600 teu ships are part of Maersk's fleet renewal program, with deliveries planned for 2029 and 2030.
Offshore Energy
Offshore Energy reports that A.P. Moller – Maersk has expanded its fleet by ordering eight 18,600 TEU vessels from China's New Times Shipbuilding. This addition brings Maersk's orderbook to a total of 33 vessels.
