Yangzijiang Maritime Development has ordered 24 vessels from various Chinese shipyards for delivery between 2028 and 2030, expanding its newbuild portfolio across bulk carriers, chemical and product tankers and large oil tankers.The new orders comprise six 64,500-dwt bulk carriers, six 49,800-dwt product oil and chemical tankers, four 28,000-dwt stainless steel chemical tankers, four 29,000-dwt stainless steel chemical tankers and four 319,000-dwt oil tankers.
US Coast Guard and FBI personnel boarded two commercial vessels bound for the United States in the Gulf of Mexico last month after indications that hackers had broken into their computer networks.The unusual operation, carried out on August 21 and August 24 aboard two foreign-flagged ships, comes as US authorities grapple with a series of cyber incidents that media reports have linked to Iran since the outbreak of conflict between Washington and Tehran.The FBI said a joint Coast Guard-FBI team boarded the vessels after receiving "indications that the networks of both vessels were compromised.
Shipowners have already ordered more than twice as many supertankers this year as in all of 2025, a buying spree worth over $20 billion that is the biggest for at least 25 years, as the US-Iran war redraws trade routes and boosts demand for long-haul crude shipments.Data from Signal Group, a shipping analytics platform, show 217 Very Large Crude Carriers ordered so far in 2026, against 93 last year. Allied Shipbroking recorded 164 VLCC orders, up from 83. A VLCC carries about two million barrels of oil.
Norway’s Green Yard has unveiled the KLEVEN KY100, a 100-meter Polar Class expedition yacht that marks the shipbuilder’s move into developing and owning its own yacht designs.Developed by Green Yard Kleven in cooperation with Opalinski Design House and HAV Design, KY100 combines the yard’s offshore and polar vessel experience with contemporary superyacht design. The PC5 vessel is designed for worldwide operations, including polar waters, with a cruising speed of 18 knots and range of approximately 10,000 nautical miles.
Exmar has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for a concept to convert an existing membrane-type LNG carrier into a floating liquefied natural gas (FLNG) unit for offshore gas developments.The FLNG concept would use a membrane-type LNG carrier with an effective LNG storage capacity of about 170,000 cubic meters and a design life of 25 years.Designed for operation in mild environments, the converted vessel would provide offshore gas processing, liquefaction and LNG storage and is intended for the development of stranded gas resources.
ATE Energy International Co., Ltd. and Synergy Marine Group announced the arrival in Taiwan of OCEANUS 1, a new cable laying vessel for subsea infrastructure and offshore energy projects in the Taiwan Strait and the wider region.Built by Pacific Shipbuilding Joint Stock Company in Vietnam, OCEANUS 1 arrived in Kaohsiung on September 16 following her handover at the shipyard. The vessel adds to Taiwan’s domestic capability in subsea cable installation and marine engineering.
ABS has awarded Hanwha Ocean approval in principle (AIP) for a multi-purpose fuel tank and fuel gas supply system that enables an LNG carrier to transition from LNG to ammonia fuel without replacing the fuel tank or fuel supply system.The approval covers the fuel tank and integrated fuel gas supply system for an electrically propelled LNG carrier powered by a gas turbine. The system is designed to supply either LNG or ammonia to the gas turbine, enabling transition from LNG to ammonia. ABS reviewed the design against relevant class and international requirements.
NYK Line, with Japan Marine United Corporation, Nihon Shipyard Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and Kokuka Sangyo Co., Ltd., completed the world’s first ship-to-ship (STS) ammonia bunkering operation to an ammonia-fueled vessel on September 17. At a quay within Japan Marine United Corporation’s Ariake Shipyard, ammonia fuel was transferred from the ammonia carrier Shoei Maru via the STS method to an ammonia-fueled medium gas carrier (AFMGC) scheduled for delivery in November 2026. The operation was conducted in preparation for sea trials of the AFMGC using fuel ammonia.
INEOS Energy has started commercial operations at the Greensand project in the Danish North Sea, opening what it describes as the European Union's first full-scale carbon dioxide storage site, with initial capacity of up to 400,000 tonnes per year.Denmark's King Frederik X officially opened the facility on September 18 at the Port of Esbjerg. The project is led by INEOS Energy alongside Harbour Energy and the Danish North Sea Fund, or Nordsøfonden.Greensand is designed to scale up to between 4 million and 8 million tonnes of CO2 storage annually as demand grows.
Oil prices fell 2% on Friday, extending losses for a third straight session as easing concerns over Saudi supply disruptions outweighed anxiety about a widening of conflict across the Middle East.Brent crude futures LCOc1 fell by $2.14, or 2%, to $102.68 a barrel by 0806 GMT. U.S. West Texas Intermediate CLc1 futures fell $1.83, or 1.8%, to $100.08.Benchmark Brent prices are on track for their first weekly loss in three.Immediate concerns over supply tightness have been eased by a combination of Saudi Arabia loading more crude via Oman, a build in oil product inventories in the U.S.
Finnish authorities boarded and searched a target vessel in the Baltic Sea on Thursday in a live drill that officials said shows how seriously the region takes the threat of undersea sabotage after a string of incidents.Finland and the wider Baltic Sea region have experienced ruptures of power cables, telecom lines and gas pipelines following Russia's invasion of Ukraine in 2022, raising concerns that critical infrastructure lacks sufficient protection.
Shipowners have already ordered more than twice as many supertankers this year as in all of 2025, a buying spree worth over $20 billion that is the biggest for at least 25 years, as the US-Iran war redraws trade routes and boosts demand for long-haul crude shipments.Data from Signal Group, a shipping analytics platform, show 217 Very Large Crude Carriers ordered so far in 2026, against 93 last year. Allied Shipbroking recorded 164 VLCC orders, up from 83. A VLCC carries about two million barrels of oil.