Latest maritime fleet updates and reports
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.
Seatrade Maritime
Tidewater is set to acquire Wilson Sons Ultratug for $500 million, expanding its fleet with 22 offshore vessels in the Brazilian market, as reported by Seatrade Maritime.
gCaptain
A significant partnership between South Korea’s Hanwha Ocean and Ontario Shipyards aims to revitalize shipbuilding in Canada’s Great Lakes, as reported by gCaptain. This collaboration also focuses on developing a skilled workforce for future submarine construction.
Offshore Energy
Transocean, a Switzerland-based offshore drilling contractor, has secured multimillion-dollar assignments and extensions for seven mobile offshore drilling units, bringing its backlog to $6.1 billion, as reported by Offshore Energy.
Offshore Energy
Valaris, an offshore drilling contractor incorporated in Bermuda, has secured new drillship and jack-up rig assignments worth $900 million across various regions, including Africa, Asia-Pacific, Europe, and the Americas, as reported by Offshore Energy. This development increases Valaris' backlog to $4.7 billion.
