A.P. Moller-Maersk expects strong demand for shipping goods around the globe to continue in the coming months, though does not expect to resume sailing through the Suez Canal until "well into 2025".Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade
Petrobras has achieved first oil with the Floating Production Storage and Offloading (FPSO) unit Marechal Duque de Caxias, one of the largest ultra-deepwater FPSOs in the world, installed at the Mero field in Santos Basin, offshore Brazil.The FPSO has the capacity to produce up to 180,000 barrels of oil per day and compress up to 12 million cubic meters of gas daily.
Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world's fourth-largest fleet by 2028.China currently has the world's eighth-largest fleet with 33 car-carrying ships, showed data from shipping consultancy Veson Nautical.
Russian tanker Krymsk, hit by sanctions, docked on Wednesday at the Chinese port of Dongying in eastern Shandong province, home of independent refiners, to discharge 700,000 barrels of Russian Sokol crude, LSEG and Kpler shipping data showed.This is the second Russian oil tanker, hit by sanctions, to dock at Chinese ports this month.
Eleven Filipino seafarers arrived in the Philippines on Tuesday nearly a week after they survived a Houthi missile attack off Yemen.They were crew members of the Barbados-flagged, Greek operated merchant ship True Confidence which the Houthis attacked last week, killing three sailors, including two Filipinos.
Royal Caribbean Group announced it has entered into an agreement with French shipbuilder Chantiers de l’Atlantique to order a seventh Oasis Class ship for delivery to its Royal Caribbean International fleet in 2028.“While we eagerly anticipate the debut of Royal Caribbean’s Utopia of the Seas this summer
Diplomatic efforts are underway to try to find a "climbdown" for Yemen's Houthis, the special U.S. envoy to Yemen said in a video recording released on Tuesday, in an apparent reference to finding a face-saving solution to ending their attacks on ships in the Red Sea.U.S. Special Envoy Tim Lenderking recorded his comments on Friday for a think-tank conference before flying to Oman for talks on
U.S. Customs and Border Protection has issued a ruling to New Fortress Energy, confirming that the transportation of LNG produced at the its FLNG facility located offshore Altamira in Mexico by non-U.S. qualified vessels would not violate the Jones Act.As a result of this ruling, NFE is now able to sell and deliver LNG produced at its FLNG facility located offshore Altamira, Mexico to U.S.
Belgium-based offshore installation contractor Jan De Nul has signed the export cable contract with Ørsted for its 2.9 GW Hornsea 3 offshore wind farm in the U.K.Jan De Nul will be responsible for the seabed preparation, transport, installation and protection of 350 km of DC export cables connecting the wind farm to the U.K. electricity grid.
The Indian Navy on Friday rescued the crew of a merchant vessel after its attempted hijack in the Arabian Sea and said it had not found any pirates on board.An Indian Navy warship intercepted the Liberian-flagged MV Lila Norfolk bulk carrier less than a day after it had received a report that the vessel had been hijacked about 460 nautical miles off Somalia.
Yemen's Iran-backed Houthis said on Wednesday they had "targeted" a container ship bound for Israel, a day after the U.S. Central Command (CENTCOM) said the militant group had fired two anti-ship ballistic missiles in the southern Red Sea.The Houthis, who control much of Yemen including the capital
Danish shipping company A.P. Moller-Maersk said on Thursday its container ship Maersk Gibraltar was targeted by a missile while traveling from Salalah, Oman, to Jeddah, Saudi Arabia and that the crew and vessel were reported safe.It was not immediately clear if the missile had struck the vessel or not.