Latest maritime fleet updates and reports
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.
Seatrade Maritime
Seatrium has completed the sale of its AmFELS shipyard located in Brownsville, Texas, to Karpowership, as reported by Seatrade Maritime. This divestment marks a significant move for Seatrium in the U.S. market.
Danish shipping giant A.P. Moller - Maersk has expanded its fleet by acquiring another methanol-powered vessel, as reported by Offshore Energy. This move aligns with Maersk's commitment to sustainable shipping solutions.
