Latest maritime fleet updates and reports
Splash247
Zhonggu Logistics has announced plans to expand its fleet by ordering two post-panamax boxships from China Merchants Jinling Shipyard, as reported by Splash247. The Shanghai-listed company confirmed the deal in a stock exchange filing, stating that it or its subsidiaries will sign a construction contract for two 6,000 teu vessels at Jinling’s Jiangsu yard.
Seatrade Maritime
Seatrade Maritime reports that German shipowner and ship manager Harran and NSB have formed a new joint venture named Albireo in Manila. This venture will manage 800 seafarers across approximately 90 vessels.
Seatrade Maritime
MISC has secured a long-term charter for an LCO2 carrier as part of the Northern Lights carbon capture and storage project, with another charter expected to follow in April, as reported by Seatrade Maritime.
Splash247
Greek shipowner Evangelos Pistiolis has placed an order for 10 MR product tankers at Guangzhou Shipyard International in China, as reported by Splash247. The deal, valued at nearly $500 million, marks the first newbuilding contract in China for Pistiolis' Central Group.
Seatrade Maritime
China's shipbuilding industry experienced a significant boost in 2025, with output increasing by over 10%, as reported by Seatrade Maritime. The country delivered more than half of the world's tonnage, maintaining its position at the forefront of the global shipbuilding sector.
Offshore Energy
A seismic source vessel owned by Norway's Sanco Shipping, originally built in 2010, has commenced sea trials following its recent conversion, as reported by Offshore Energy.
Splash247
MOL Chemical Tankers is preparing for a leadership change as CEO Akira Sasa plans to retire at the end of March, according to Splash247. Sasa, who became president and CEO in April 2022, initially joined the Singapore-based company as a director in 2020.
Splash247
India's national container shipping line, Bharat Container Shipping Line (BCSL), is being established following the signing of a memorandum of understanding in New Delhi, as reported by Splash247. This state-backed initiative aims to create an integrated container ecosystem and strengthen India's maritime trade presence.
Splash247
Splash247 reports that the car carrier newbuilding spree is cooling due to overcapacity fears in the pure car and truck carrier market. AXSRoRo's latest newsletter highlights that contracting activity for 2025 has dropped to its lowest in years after four years of record ordering.
gCaptain
Royal Caribbean Group has placed an order for two Discovery class ships from Chantiers de l'Atlantique, with options for four more, as reported by gCaptain. Additionally, the company committed to 10 new Celebrity river cruise vessels following a robust Q4 performance with $4.3 billion in revenues.
