Maritime Vessels Directory

One of the world’s most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) vessel, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay in Namibia, while en route to a field offshore Angola.The brief stopover, which took place on May 8, 2025, was part of planned logistics to replenish stores and facilitate crew changes.Built and operated by Yinson Production for Azule Energy, the vessel is expected to reach Angola in mid-May.

Sanctions Buster: Traders Rebrand Venezuelan Oil for China as 'Brazilian' - sources

15 hours ago

Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.Independent refiners in China are the main buyers of seaborne oil shipments from countries sanctioned by the United States, with offshore Malaysia serving as a key trans-shipment hub for Venezuelan and Iranian crude.Since July 2024, however, traders have also rebranded Venezuelan oil as from Brazil.

Container Shipping Companies Cut Asia-US Services

yesterday

Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing tariffs on the world's top exporting country collapse trade, maritime consultants said.The ships on those routes have the combined capacity to deliver 25,682 40-foot containers stuffed with toys, tennis shoes, car parts and things U.S. manufacturers use to produce goods each week - or more than 1.3 million 40-foot containers a year, based on capacity data provided in customer advisories.

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

4 days ago

Some 200 seafarers aboard more than 15 ships stuck for weeks off Yemen's port of Ras Isa are preparing to offload cargoes and leave thanks to a ceasefire deal between Houthi militia and the U.S., maritime and labour union sources said on Thursday.Still, threat levels for shipping remained high given the Houthis' confirmation that Israeli-related assets remained open to attack and the attendant risks to broader shipping, maritime officials said. Ships with no connection to Israel had been targeted in the past with no certainty of safe passage.President Donald Trump announced on Tuesday the U.S. would stop bombing the Iran-aligned Houthis in Yemen as they had agreed to stop targeting U.S.

Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates

4 days ago

The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates, but the situation remains far from certain.Data released by Xeneta, an ocean and air freight intelligence platform, shows global TEU-mile demand would decrease 6% if container ships begin sailing through the Red Sea and Suez Canal again instead of diverting around the Cape of Good Hope.TEU-mile demand factors the distance each 20ft equivalent container (TEU) is transported globally as well as the number transported.

Maritime Reporter and Engineering News (April 2025)