Global Maritime and Shipping News
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New York-listed Navios Maritime Partners has added three more scrubber-fitted VLCC newbuildings in a $361.5m deal, taking its fresh supertanker programme to seven ships worth $843.5m. The Angeliki Frangou-led owner agreed the latest acquisitions in June and July at $120.5m per ship, with deliveries scheduled for the second half of 2028 and during 2029. The …
Norwegian offshore rig owner Dolphin Drilling has been awarded an extension for one of its semisub drilling rigs. Under the extension, the 1974-built Blackford Dolphin rig will continue its contract with Oil India Limited. The contract has been extended to October 15, 2026, to complete drilling, testing, and abandonment work at locations east of India, …
Norway’s AF Gruppen has, through its subsidiary AF Offshore Decom and in a consortium with Heerema Marine Contractors, been awarded a contract by a North Sea operator to remove and dispose of one of its platforms on the UK Continental Shelf. The client was unnamed, but the company said this was the third contract the …
Kriton Lendoudis-led Evalend Shipping is returning to Yangzijiang Shipbuilding for four more LR1 product tankers, further expanding the Greek owner’s sizeable newbuilding programme in China. Brokers have placed Evalend behind four ships of around 74,000 dwt, with prices quoted at about $55m apiece, putting the deal at roughly $220m. Delivery slots are reported in the …
Helsinki Shipyard has won the contract to build Finland’s next icebreaker, with the new vessel set to replace the 1954-built unit as the country starts renewing its ageing winter navigation fleet. DNY Finland, the company behind Helsinki Shipyard, will start construction in 2027, with completion targeted for September 2029. Affiliate Sata Shipbuilding in Pori will …
Oslo-listed seismic specialist TGS has been awarded data brokerage, marketing and licensing rights by the Petroleum Authority of Brunei for subsurface data over an offshore Brunei block. The award covers data across the block, including 3D seismic data, well information, and associated technical reports that give E&P companies the insight needed to evaluate the block …
Olam Agri and Vitol Bunkers have carried out what they describe as Singapore’s first bunker supply of VLSFO co-processed with cashew nutshell liquid (CNSL), putting an agricultural waste stream to work as a lower-carbon marine fuel. Vitol supplied 246.5 tonnes of fuel to the 82,000 dwt kamsarmax Scion Mathilda, comprising 212 tonnes of conventional VLSFO …
Indonesian drilling contractor Apexindo has won a contract for one of its offshore drilling rigs from a subsidiary of state-owned giant Pertamina. Apexindo won a two-year firm contract, with an optional one-year extension. The contract, awarded to the 1982-built semisubmersible barge Yani, is worth around $74.3m. According to Jeanne Watulo, director of PT Apexindo Pratama …
The VLCC market has gone into overdrive, with rates surging simultaneously east and west of Suez as Chinese crude buying, tightening tonnage lists and the Hormuz crisis combine to produce one of the most extraordinary tanker markets in years. “We’re in ‘stop the press’ territory now with VLCC rates galloping in all areas in tandem …
The maritime war in the Black Sea has hit more targets, with Russia claiming fresh attacks on a merchant ship and Ukrainian port infrastructure on Wednesday. Russia’s defence ministry said a dry cargo ship carrying what it described as military property was struck southeast of Odesa, while fuel storage tanks at the port of Chornomorsk …
