Maritime Vessels Directory

At the head of the U.S.’ largest ferry system is Steve Nevey, Deputy Secretary, Washington State Ferry (WSF), which is engaged in a historic modernization to a hybrid-electric fleet. Nevey gives a candid look inside problems during the Wenatchee conversion, with insights on the hybrid electric direction and pace for newbuilds at Eastern Shipbuilding.Steve Nevey did not stumble into maritime. He was raised in it, shaped by it, and by most accounts destined for it. Born in the UK, Nevey grew up in a naval household. His father served aboard HMS Invincible, and after visiting the ship as a two-year-old following its return from the Falklands War, ships became his singular obsession.

Brazil's state-controlled oil company Petrobras has signed a $427 million contract through its logistics subsidiary Petrobras Transporte (Transpetro) with the Rio Grande Shipyard for the construction of four medium range tankers as part of a broader program to renew and expand its shipping fleet.The four MR1-class vessels, each with a deadweight tonnage of 40,000 tonnes, will be used to transport crude oil and petroleum products along Brazil's coast, Petrobras said.The order forms part of the Mar Aberto (Open Sea) Program, which aims to expand Transpetro's owned fleet to 42 vessels by 2030 from 26 currently

Australian mining company Fortescue has signed an agreement with Belgian shipping and cleantech group CMB.TECH to charter up to 12 ammonia-capable bulk carriers, stepping up efforts to decarbonize maritime transport and support the development of green ammonia as a marine fuel.Under the agreement, Fortescue will charter 12 Newcastlemax dry bulk vessels, each with a carrying capacity of 210,000 deadweight tonnes, from Bocimar, the dry bulk shipping arm of CMB.TECH.Up to three of the vessels will be delivered with dual-fuel ammonia engines and are expected to enter service by the end of 2026

GTT has secured an order from the shipyard Samsung Heavy Industries for the tank design of three new liquefied natural gas (LNG) carriers, on behalf of an American ship-owner.GTT will design the cryogenic tanks of the vessels, each offering a total capacity of 174,000 m3. The tanks will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT.Delivery of the vessels is scheduled for the first and second quarters of 2029.

"Even if the Strait of Hormuz reopens, significant uncertainty will remain and continue to shape market outcomes,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Key uncertainties include whether the US/Iran agreement will hold, when the Strait of Hormuz (SoH) will fully reopen, whether ships can return to normal Suez Canal routings, and how US import tariffs will evolve once the current 10% emergency tariffs expire at the end of July.To reflect this, BIMCO continues to apply two scenarios. The “SoH Open” scenario assumes the Strait of Hormuz reopens in the third quarter of 2026, while the “SoH Closed” scenario assumes it remains effectively closed throughout 2026-2027.