Maritime Vessels Directory

The world’s most powerful direct-drive floating offshore wind turbine, rated at 17 MW and co-developed by Dongfang Electric Corporation and China Huaneng, has been rolled out in China.With the highest single-unit capacity and the largest rotor diameter globally, the milestone marks a new breakthrough in China’s offshore wind power equipment manufacturing and provides vital technological support for expanding into deepsea offshore wind development.The turbine has a rotor diameter of 262 meters and a swept area of about 53,000 square meters, roughly equivalent to 7.5 standard football fields.The hub height reaches approximately 152 meters, comparable to a 50-story residential building.

Germany’s Maritime Sector: Steady Growth Amid Global Headwinds

2 hours ago

Order intake, exports, and green technology demand fuel confidence for 2025Germany’s maritime equipment and offshore supply industry is posting steady growth in 2024 and setting an optimistic course for 2025, according to new figures released by the VDMA Marine Equipment and Systems Association.With an average turnover increase of 5.5% in 2024, German maritime suppliers are proving resilient in the face of global supply chain volatility, geopolitical tensions, and a fiercely competitive international market.

China Shipbuilding Market Share Drops 20% Amid USTR Port Fees Concerns

23 hours ago

Chinese shipyards’ market share has dropped from 72% to 52% in the first half of 2025 amid growing concerns over the impact of US Trade Representative (USTR) port fees on Chinese ships, according to the latest report from BIMCO, the world’s largest shipping association.USTR port fees, set to take effect in October 2025, will impact both Chinese owners and operators, as well as ships built in China, BIMCO said.Smaller Chinese-built ships will be exempted from fees, depending on sector-specific criteria, along with exemptions for short haul voyages.Global newbuilding contracting in terms of Compensated Gross Tonnage (CGT) dropped 54% y/y during the first half of 2025.

U.S. Shipbuilding, Maritime Dominance Requires a New Ecosystem

2 days ago

With all the Legislative fanfare, Executive Orders, Committee meetings, lobbying efforts and media announcements concerning American Shipbuilding, Naval Warfare and Maritime Dominance, it is no surprise that the result of the uproar is shear confusion within the maritime industrial base (MIB). The April 9, 2025 Executive Order Restoring America’s Maritime Dominance lists more than several reports to the President due within 90 days. Following those initial updates other reports are due at 180 and 210 days. The industry as a whole has not seen references to any of the reports being completed.

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

2 days ago

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with a production capacity of 180,000 barrels of oil per day (bopd), 7.2 million cubic metres (mcbm) of gas per day, and a storage capacity of 2 million barrels of oil.The P-78 will rank among the largest in the global operating fleet of FPSOs.

Maritime Reporter and Engineering News (June 2025)