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.
BW LPG on Thursday announced it has agreed to acquire 12 very large gas carriers (VLGC) from Avance Gas in a cash and stock deal valued at more than $1 billion.The deal will see Avance Gas sell off the entirety of its VLGC fleet, including four 91,000-cubic-meter (cbm) vessels built in South Korea in 2022 and 2023 and eight 83,000-cbm vessels built in China in 2015
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.
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
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.
A merchant ship transporting grains was lightly damaged off the coast of Ukraine and was likely to have been hit by a floating sea mine, according to maritime specialists and a Ukrainian government source.This is the latest incident affecting commercial ships sailing in the Black Sea.
MSC Cruises confirmed it exercised options for two new World Class cruise ships from French shipbuilder Chantiers de l’Atlantique. The liquefied natural gas (LNG) powered newbuilds, currently referred to as World Class 3 and 4, will be delivered in 2026 and 2027. MSC Cruises also holds an option for a fifth ship in the series.