Latest maritime fleet updates and reports
Splash247
Diana Shipping has intensified its efforts to acquire Genco Shipping & Trading by raising its all-cash offer, with Star Bulk Carriers joining as a significant partner, as reported by Splash247. The New York-listed owner has increased its bid to $23.50 per share.
Splash247
Arcadia Shipmanagement, a Greek tanker owner, has been identified as the buyer of two suezmax tankers from South Korea's HD Hyundai Samho, each costing approximately $89 million, with deliveries slated for March and May 2029, as reported by Splash247.
Splash247
Uni-Asia Group, a Singapore-listed bulker specialist, has signed a contract with Nihon Shipyard for a 40,000 dwt handysize unit, marking its first newbuilding order in more than ten years, as reported by Splash247. The vessel is set for delivery in the second half of 2028.
Offshore Energy
Samsung Heavy Industries has commissioned a new tank design from French firm Gaztransport & Technigaz for a liquefied natural gas carrier, as reported by Offshore Energy. This collaboration highlights SHI's ongoing efforts to enhance LNG vessel technology.
Splash247
Jinhui Shipping and Transportation, based in Hong Kong, has agreed to sell its 2014-built ultramax bulk carrier Jin Ping to Hongkong Yiming Shipping for $23.46 million, as reported by Splash247. The sale is part of Jinhui's ongoing fleet renewal strategy.
Splash247
China Merchants Group is enhancing its eco-friendly fleet as its subsidiary, Changhang Freight (Zhoushan), has ordered two LNG-powered bulk carriers from Jiangxi New Jiangzhou Shipbuilding Heavy Industry, reports Splash247. The vessels, each with a capacity of about 20,000 dwt, are designed for river-sea direct navigation.
Offshore Energy
Kawasaki Kisen Kaisha, known as K Line, has launched an intermediate holding company to manage all its ship management firms, as reported by Offshore Energy. This strategic move aims to streamline operations across its global shipping business.
Splash247
Damen Shipyards Mangalia in Romania is advancing its insolvency restructuring as judicial administrator Casa de Insolvență Transilvania (CITR) has submitted a reorganization plan, reports Splash247. The shipyard, under insolvency since June 2024, aims to transfer its business to a strategic investor to resume full operations and preserve jobs.
Seatrade Maritime
CSSC Huangpu Wenchong Shipbuilding has secured contracts to build four container ships for Korean companies Namsung and Dongyoung Shipping, expanding its presence in the East Asian market, as reported by Seatrade Maritime.
Offshore Energy
BW LNG has commenced operations with its second new LNG vessel for Equinor, as reported by Offshore Energy. This marks the continuation of BW Group's collaboration with Norway's state-owned energy company.
