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It is published by Asia Shipping Media, the parent company of Maritime CEO magazine and the Maritime CEO Forum series of events.

Solstad scores CSV contract in Brazil with Petrobras
20/07/2025

Solstad scores CSV contract in Brazil with Petrobras

Norwegian offshore vessel owner Solstad Offshore has won a contract for one of its CSV vessels with Petrobras. The Brazilian state-owned oil and gas company hired the 1999-built construction support vessel Normand Pioneer. The vessel will be mobilised with an Ampelmann heave-compensated E-type gangw...

Israel’s Eilat port faces shutdown amid tax dispute and war-driven collapse
20/07/2025

Israel’s Eilat port faces shutdown amid tax dispute and war-driven collapse

The port of Eilat,Israel’s only maritime gateway on the Red Sea, is set to shut down operations this Sunday after the Eilat municipality seized its bank accounts over unpaid municipal taxes, according to Globes, a leading Israeli business journal. Once a key gateway for Israel’s vehicle imports ...

Transocean bags $100m worth of deals for three rigs
20/07/2025

Transocean bags $100m worth of deals for three rigs

Offshore drilling giant Transocean has secured two extensions and one new contract for three of its rigs. According to information provided in the company’s fleet status report, an undisclosed client exercised two one-well options in Australia for the 2015-built semisub Transocean Equinox. The rig...

Abandoned seafarer crisis hits new high
19/07/2025

Abandoned seafarer crisis hits new high

New figures released this week by the International Transport Workers’ Federation (ITF) reveal yet another disturbing surge in the abandonment of seafarers worldwide. Over 2,280 seafarers have been abandoned aboard 222 vessels so far this year – with $13.1m in unpaid wages and a 30% year-on-year...

Taylor Maritime banks $176m from ten more vessel sales
19/07/2025

Taylor Maritime banks $176m from ten more vessel sales

London-listed Taylor Maritime has confirmed the sale of ten more vessels, bringing in gross proceeds of $176.3m. The Ed Buttery-led bulker owner said that three of the sales have closed, with the other seven expected to wrap up before year-end. Taylor Maritime also completed nine previously disclose...

Eagle Ship Management pleads guilty to illegal dumping off US coast, faces $1.75m fine
19/07/2025

Eagle Ship Management pleads guilty to illegal dumping off US coast, faces $1.75m fine

A Connecticut-based shipmanager has pleaded guilty to criminal charges after deliberately discharging more than 10,000 gallons of oily bilge water into US waters near New Orleans, in violation of federal pollution laws. Eagle Ship Management, headquartered in Stamford, admitted to illegally pumping....

Iranian weapons bound for the Houthis intercepted
19/07/2025

Iranian weapons bound for the Houthis intercepted

Yemeni opposition forces working with the American military have seized the largest cargo of Iranian advanced conventional weapons bound for the Houthis.  In total, more than 750 tons of Iranian munitions and hardware including hundreds of advanced cruise, anti-ship, and anti-aircraft missiles, war...

The disease of seafaring
19/07/2025

The disease of seafaring

Steven Jones, the founder of the Seafarers Happiness Index, reports on disturbing deaths at sea figures tallied by the International Labour Organization. A groundbreaking new report on fatalities onboard ships has revealed that illness and disease are the leading killers of seafarers worldwide. The....

Seaspan pens deal to reinforce Canadian shipbuilding steel supply chain
19/07/2025

Seaspan pens deal to reinforce Canadian shipbuilding steel supply chain

Seaspan Vancouver Shipyards has signed a memorandum of understanding with Stigterstaal Canada and Algoma Steel to reestablish a domestic steel supply chain focused on bolstering and expanding shipbuilding in Canada. This move follows the current trend of countries trying to ensure their own shipbuil...

Ex‑SIPG president Yan Jun sentenced in latest corruption probe in China
19/07/2025

Ex‑SIPG president Yan Jun sentenced in latest corruption probe in China

Yan Jun, the former president of Shanghai International Port Group (SIPG), has been sentenced to 12 years in prison and fined 2m yuan ($280,000) for accepting bribes of more than 36m yuan ($5m). The court claimed that he prevented others from reporting and providing evidence, engaged in money and se...

Slovakia blocks EU’s 18th sanctions package over Russian gas dependency
19/07/2025

Slovakia blocks EU’s 18th sanctions package over Russian gas dependency

Slovakia has stalled the adoption of the European Union’s 18th sanctions package against Russia, citing its critical reliance on Russian natural gas.  At Tuesday’s Foreign Affairs Council meeting, Slovak officials withheld support for the proposed sanctions, preventing unanimous approval. Prime...

New Fortress Energy charters FSRU for LNG terminal in Egypt
18/07/2025

New Fortress Energy charters FSRU for LNG terminal in Egypt

US-based LNG player New Fortress Energy has executed a five-year agreement for the deployment of the 138,250 cu m Energos Winter FSRU with the Egyptian Natural Gas Holding Company (EGAS). The unit, owned by New Fortress subsidiary Energos Infrastructure, will operate at EGAS’ LNG import terminal i...

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