Latest maritime fleet updates and reports
Splash247
Union Maritime, a diversified UK owner, has reportedly placed its first order for newcastlemax bulkers, as reported by Splash247. The company has signed a provisional deal for up to four 215,000 dwt vessels at Wuhu Shipyard in China, with each ship costing around $76 million.
Splash247
Performance Shipping, a Greek tanker owner listed on Nasdaq, has contracted Shanghai Waigaoqiao Shipbuilding for two suezmax vessels, each costing $81.5 million, as reported by Splash247. The 158,000 dwt tankers are scheduled for delivery in October 2028 and May 2029.
Splash247
Greek offshore contractor Asso.subsea has ordered a second next-generation trenching support vessel (TSV) named Andromeda from China Merchants Heavy Industry’s Shenzhen yard, as reported by Splash247. This vessel will join its sister ship, Avra, which was ordered in September 2025 for delivery at the end of 2027.
Splash247
Malaysia's MISC has expanded its LNG newbuilding program at Hudong-Zhonghua Shipbuilding to five vessels, as reported by Splash247. The latest order includes two 174,000 cu m LNG carriers, which will be chartered to Petronas under a 20-year contract.
Splash247
LC Logistics, listed in Hong Kong, has placed an order for two 11,000 TEU containerships from China, valued at approximately $236 million, as reported by Splash247. The vessels are set to be constructed by Shanghai Waigaoqiao Shipbuilding in collaboration with China Shipbuilding Trading Company, with deliveries expected by November 2028 and April 2029.
Splash247
Navigator Holdings, as reported by Splash247, has secured a $133.7 million loan to finance two liquefied ethylene gas carriers currently under construction in China. The financing agreement was signed by subsidiaries Navigator Parsec and Navigator Pleione with ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank, and Nordea Bank Abp.
Splash247
Brazilian offshore vessel owners OceanPact and CBO Group are set to merge, marking a significant consolidation in the country's offshore support vessel market, as reported by Splash247. The companies disclosed in a regulatory filing that CBO will be incorporated into OceanPact.
Offshore Energy
CMA CGM Group has christened its latest methanol-powered vessel, enhancing its dual-fuel fleet, as reported by Offshore Energy. This addition underscores the company's commitment to sustainable shipping solutions.
Seatrade Maritime
Hengli Heavy Industry has signed its first Very Large Ammonia Carrier (VLAC) newbuilding contract of the year, as reported by Seatrade Maritime. This marks a significant milestone for the Chinese private shipbuilder.
Splash247
America’s Mainstay Maritime is set to sell its Canadian operations and six vessels to Algoma Central Corporation, as reported by Splash247. The transaction includes Lower Lakes Towing and ships such as Kaministiqua and Manitoulin, pending standard closing conditions.
