Latest maritime fleet updates and reports
Splash247
Jeremy Nixon, the CEO of Ocean Network Express (ONE) since its inception in 2018, will step down in July, with Till Ole Barrelet, formerly of Emirates Shipping Line, taking over, as reported by Splash247.
Splash247
RFOcean has signed a binding agreement with ETFuels to purchase e-methanol at a fixed price starting in 2030, as reported by Splash247. The European shipowner has also ordered eight new methanol-ready chemical tankers, positioning itself among the top five owners of methanol-capable vessels globally.
Seatrade Maritime
The ageing fleet profile is helping to mitigate risks for feeder vessels returning to the Red Sea, as reported by Seatrade Maritime. MPC Container Ships highlights that the limited trickle-down exposure benefits feeder tonnage in this region.
Splash247
Orkim, a Malaysian tanker owner, has signed a six-month time charter contract with PETCO Trading Labuan Company, the trading arm of Petronas, as reported by Splash247. The contract, which begins at the end of February 2026, includes an option to extend for an additional six months.
Offshore Energy
Offshore Energy reports that the hull of a new dual-fuel cable installation and repair vessel for N-Sea Group has arrived in the Netherlands for its final outfitting. This marks a significant step in the vessel's preparation for operational deployment.
gCaptain
Austal Limited has been awarded a USD $2.82 billion contract by the Commonwealth of Australia to construct eight 100-meter Landing Craft Heavy vessels, as reported by gCaptain. This deal represents one of the largest naval shipbuilding contracts in recent times.
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.
