Maritime Vessels Directory

"So far this year, ship transits via the Panama Canal have increased 8% y/y to a daily average of 38, driven by the tanker sector. Transits have been especially high during the past five weeks, rising 16% y/y, as US energy exports to the Pacific jumped,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.The Iran War and the subsequent reduction in Strait of Hormuz transits have disrupted exports from the Persian Gulf, tightening the global energy supply and boosting prices for energy commodities. This has contributed to a rise in US energy exports to Asia and the west coast of the Americas, increasing demand for Panama Canal transit slots.

174K LNG Vessel Christened; Board Approves New 8-Ship Contruction Plan

yesterday

Diamond Gas Jade, a 174,000-cu.-m. Liquefied Natural Gas (LNG) carrier invested by a joint venture under U-Ming Marine Transport Corp., held its grand naming ceremony on May 19 at the Samsung Heavy Industries Geoje Shipyard. Built by Samsung Heavy Industries, Diamond Gas Jade is equipped with the latest energy-saving environmental technologies and a dual-fuel propulsion engine. Upon delivery, it will commence long-term LNG transportation operations supporting global energy logistics.U-Ming Marine's Board of Directors recently approved the construction of four 210,000 DWT Capesize and four 64,000 DWT Ultramax bulk carriers in the second quarter.

Sweden Picks France’s Naval Group for $4B Frigate Deal

2 days ago

Sweden will order four navy frigates from France's Naval Group in a $4 billion deal that will triple its air defence capacity as the new NATO member focuses on security threats in the Baltic Sea, its prime minister said on Tuesday.Sweden is racing to build up its military in the wake of Russia's invasion of Ukraine and the Nordic country's subsequent accession to NATO, with the new frigates representing a significant expansion of maritime defence capabilities.The purchase of the French Defence and Intervention (FDI) frigate model will be Sweden's biggest military investment since the 1980s, Prime Minister Ulf Kristersson said.

BATTERIES: FleetZero aims to Help Rewrite the Rules of Marine Power

2 days ago

Michael Carter and Steven Henderson grew up together in North Carolina, attended the United States Merchant Marine Academy (USMMA) together, and most recently jointly founded Fleet Zero, a company aiming to develop modular, containerized battery technology for electrifying cargo ships. As of the interview, the company has raised about $60 million in funding, it employs 40 people, it recently opened a new manufacturing/R&D facility in Houston where it is targeting to produce 300 MW hours of batteries this year.There’s a familiar narrative in maritime: an industry steeped in tradition, slow to change, and cautious when it comes to new technology.

IMO Launches Gender Handbook on Women in Maritime Day

3 days ago

This year’s IMO International Day for Women in Maritime (May 18) focuses on embedding gender equality at every level of the maritime industry, both on shore and at sea.Under the theme “From Policy to Practice: Advancing Gender Equality for Maritime Excellence”, the day highlights actions to translate international ambitions and commitments into tangible actions that will make a difference in the lives of women in the sector, from seafarers to shore side professionals.IMO Secretary-General Arsenio Dominguez said: “Despite our longstanding commitment to fostering gender diversity across the maritime sector, persistent challenges remain.

Maritime Reporter and Engineering News (April 2026)