Latest maritime fleet updates and reports
gCaptain
Tidewater Inc., based in Houston, has announced a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. for approximately $500 million, as reported by gCaptain. This strategic move marks a significant expansion into the Brazilian offshore vessel market.
Top Ships, a New York-listed tanker owner, has agreed to acquire nine ECO MR product/chemical tanker newbuildings, as reported by Splash247. This deal, linked to long-term charter employment, is expected to generate a potential revenue backlog of approximately $679 million.
Splash247
Celsius Tankers, a part of Danish owner Celsius Shipping, has ordered an additional 180,000 cu m LNG carrier from Samsung Heavy Industries, as reported by Splash247. This order increases Celsius Tankers’ LNG fleet to 24 vessels, marking a significant expansion in the segment.
Offshore Energy
SeaBird Exploration, based in Cyprus and a subsidiary of SED Energy Holdings, has secured a contract extension for one of its vessels in the Western Hemisphere, as reported by Offshore Energy. This development underscores the company's ongoing operations in the region.
Seatrade Maritime
Seatrade Maritime reports that ship recycling volumes are expected to decrease during Ramadan, with more older LNG carriers anticipated to arrive at Bangladeshi yards in the coming weeks. This trend highlights the seasonal impact on the ship recycling industry.
Offshore Energy
Tidewater, a U.S. offshore vessel operator, is poised to expand its global fleet to 231 units following the acquisition of Brazil's Wilson Sons, as reported by Offshore Energy. This strategic move marks a significant growth in Tidewater's operational capacity.
Splash247
Costamare Bulkers, a Greek company listed in New York, is enhancing its fleet by acquiring a modern Japanese-built ultramax vessel named Koushun, which will be renamed Astros, as reported by Splash247. The vessel, built in 2018 with a capacity of 60,297 dwt, is expected to be delivered between the first and second quarters of 2026. This acquisition is part of Costamare's ongoing fleet renewal program, which also involves offloading two older vessels.
Splash247
Mercuria Energy, based in Geneva, has been identified by brokers as the buyer of the 182,100 dwt vessel Epic, as reported by Splash247. This acquisition stands out as European buyers have been notably absent from global broking reports, while Chinese buyers have been actively purchasing similar vessels.
Splash247
Teekay Tankers has exited the VLCC sector by selling the 2013-built Singapore Spirit for $84.5 million, as reported by Splash247. The vessel, formerly known as Hong Kong Spirit, was linked to Sinokor over the weekend. This follows a similar sale by CMB.TECH earlier this month.
Seatrade Maritime
Seatrium is divesting its Karimun Shipyard, a fleet of 17 tugboats, and a floating dock for a total of $122.9 million, as reported by Seatrade Maritime. This move is part of a broader strategy to streamline operations.
