Latest maritime operations updates and reports
Splash247
Cadeler's Nexra has secured a significant operations and maintenance contract for two offshore wind farms in Taiwan, as reported by Splash247. The deal, valued over €20m ($23.7m), will commence in March 2026 and span 3-4 months.
Splash247
Belgian company Exmar has been chosen by Cedar LNG Partners to offer marine and operational services for their floating liquefied natural gas unit, as reported by Splash247. The vessel, named megúgu, is currently being constructed at Samsung Heavy Industries.
Splash247
PaxOcean has inaugurated a new S$200m shipyard at 5 Jalan Samulun in Singapore, as reported by Splash247. The facility, located in the Jurong Industrial Estate, includes two large graving docks and a floating dock, enhancing its capacity to support complex maritime and offshore projects.
Seatrade Maritime
Pax Ocean has inaugurated a new $157 million shipyard in Singapore, replacing a smaller facility, as reported by Seatrade Maritime. The new yard is equipped to handle newbuilding, fabrication, conversion, and repair work.
Seatrade Maritime
Seatrade Maritime reports that shippers are facing confusion due to mixed signals from Maersk regarding its operations in the Red Sea, described as a 'bizarre week'. Meanwhile, MDS Transmodal has launched a new Suez Canal monitoring service to provide better insights for shippers.
Splash247
Norwegian offshore contractor DOF Group has been awarded a significant well intervention contract with Shell Offshore in the Gulf of Mexico, as reported by Splash247. The contract involves hydraulic subsea well intervention services and will be managed by DOF’s regional subsea team.
Splash247
Solstad Maritime has secured a new contract for its construction support vessel, Normand Navigator, as reported by Splash247. The agreement, signed with an international subsea contractor, will commence in the second quarter of 2026 and last for 450 days.
gCaptain
The Panama Canal Authority has opened the spillways at Gatún Dam after the reservoir reached its maximum capacity, a significant shift from the drought conditions during the 2023-24 El Niño, as reported by gCaptain. This development marks a notable change in the canal's operations following previous traffic restrictions.
gCaptain
As reported by gCaptain, supertanker operators are increasing speeds through the Strait of Hormuz due to escalating U.S.–Iran tensions. VLCCs are navigating this critical waterway at speeds significantly above normal, highlighting the strategic importance and congestion of the area.
Splash247
CMA CGM is advancing efforts to enhance inland container transport on the Mediterranean–Rhône–Saône corridor with an electric and hybrid river barge project, as reported by Splash247. The French shipping company aims to deploy the electric barge on the Fos–Lyon axis within two years, alongside a €40 million upgrade of the Lyon Rhône terminal.
