Three Large Oil Tankers Carrying 2 Million Barrels Each Enter Hormuz Via Unusual Route
Image for representation purposes only Three large vessels, including two oil supertankers and one liquefied natural gas (LNG) carrier, appeared to enter the Strait of Hormuz by sailing close to Oman’s coastline, suggesting a different route from the one currently linked to Iran.
Wah Kwong And Bureau Veritas Deliver First SMART “Augmented” LR2 Tanker In Newbuild Series
Image Credits: bureauveritas Wah Kwong Maritime Transport (“Wah Kwong”) and Bureau Veritas Marine & Offshore (“BV”) celebrated the delivery of the LR2 tanker Frontier Venture yesterday, the first vessel in Wah Kwong’s new series of SMART-enabled ships, representing a significant…
Hafnia orders eight ‘fuel-efficient’ tankers from South Korean shipyard
Singapore-based tanker owner Hafnia has placed an order for the construction of eight fuel-efficient product […] The post Hafnia orders eight ‘fuel-efficient’ tankers from South Korean shipyard appeared first on Offshore Energy.
Key Bridge insurer settles with Dali owners for $350m
The insurance company that paid out $350m to Maryland following the collapse of Baltimore’s Francis Scott Key Bridge has reached a settlement of the same amount with the owner and operator of the container ship Dali, in one of the first deals to be struck ahead of a landmark…
French-Owned Container Ship Exits Hormuz in First Since Iran War
A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe since the war all but shuttered the vital waterway.
Zhonggu Logistics backs Wuhan Qingshan restart with 10-ship order
China’s Zhonggu Logistics is pressing ahead with its fleet expansion, lining up 10 feeder containerships at the recently revived Wuhan Qingshan Shipyard. The Shanghai-listed liner said it will invest up to $392m in a series of 1,800 teu vessels, with deliveries scheduled between…
Erasmus taps Huangpu Wenchong for boxship newbuilds
Athens-based Erasmus Shipinvest Group is building out its container ship exposure with a fresh order in China. The John Su-led owner has signed for two firm 1,800 teu feeder container vessels at CSSC Guangzhou Huangpu Wenchong, with options for two more units. The deal was…
BlackRock takes 5% stake in Samsung Heavy in vote of confidence for shipbuilding supercycle
The world’s largest asset management company BlackRock has become a significant shareholder in Samsung Heavy Industries, acquiring a 5.01% stake in the South Korean shipbuilder in a move that signals strong institutional confidence in the longevity of the current newbuilding…
Somalia registers its first vessel under the national flag in over three decades
Somalia has officially registered its first vessel under the national flag since the collapse of the country’s central government in 1991, marking what officials describe as a historic step toward restoring maritime sovereignty over the longest coastline in mainland Africa. The…
Crew management is hitting a breaking point
Across the maritime sector, a workforce crisis is quietly building — and the industry’s reliance on outdated systems is running out of time, writes Gary Glover, the founder of CrewDex. Ask any crewing manager how they track crew certification expiry and the answer is usually some