← Back to News
news

Maritime Industry Briefing: Newbuild Orders, Fleet Transactions, and More

By MGN Editorial•March 5, 2026 at 08:42 PM

A roundup of recent news from the maritime industry, including new shipbuilding contracts, vessel acquisitions, and other market developments.

## Estonian Owner Amisco Expands Fleet with MPP Newbuilds Estonia's Amisco is growing its fleet with an order for two multipurpose dry cargo vessels at a shipyard in China. According to *Splash247*, the Tallinn-based owner has contracted Jiangsu Dajin Heavy Industry to construct a pair of 5,900 dwt ships, with deliveries scheduled for the first and second quarters of 2027. The new vessels will expand Amisco's existing fleet of multipurpose and general cargo ships. Multipurpose ships are versatile assets that can handle a variety of cargo types, from containers to bulk commodities, making them attractive investments for owners seeking flexibility. ## Exmar Buys Back VLGC from Lessor In another fleet transaction, Belgium's Exmar has agreed to repurchase a VLGC (very large gas carrier) that it had previously sold and leased back, *Splash247* reports. The 88,000 cu m Flanders Innovation is currently financed under a lease agreement that included a purchase option, which Exmar has now exercised. The move allows Exmar to bring the vessel back under its direct ownership, potentially providing more flexibility in how the company deploys the asset. VLGCs are large gas carriers used to transport liquefied petroleum gas (LPG) such as propane and butane over long distances. ## Other Industry Developments In other recent maritime news: * Maersk has announced plans to establish a new regional logistics hub in Senegal, underscoring the company's continued investment in African supply chain infrastructure, according to *The Maritime Executive*. * The Port of Long Beach reported its busiest April on record, handling over 800,000 TEUs, as US West Coast ports continue to see elevated volumes despite broader economic headwinds, *gCaptain* reports. * The International Maritime Organization (IMO) has adopted new regulations aimed at reducing greenhouse gas emissions from existing ships, marking another step in the industry's decarbonization efforts, *Lloyd's List* reports. These stories highlight the dynamic nature of the global maritime industry, with companies investing in fleet expansion, asset optimization, and infrastructure to meet evolving market demands and regulatory requirements. Staying informed on these developments is crucial for industry stakeholders to navigate the challenges and opportunities ahead.

Source: Splash247

#shipbuilding#fleet management#LPG#emissions#ports

Related Articles

McGee Air Services Confirms Ben Reed as President Following Interim Tenure

McGee Air Services has formally elected Ben Reed as President, effective October 1, following six months in an interim capacity. Reed brings 17 years of experience with Alaska Air Group to the role.

Sep 25, 2026

Maritime Industry Briefing: Limited Sector News as Aggregators Dominate Weekly Feed

This week's maritime news cycle sees minimal dedicated industry coverage surfacing through major RSS feeds, with general press release aggregators filling the gap. Professionals are advised to monitor specialist sources for sector-specific developments.

Sep 25, 2026

Maritime Industry Briefing: No Relevant Shipping or Port News in Latest Feed Cycle

This feed cycle's aggregated industry sources returned no maritime-relevant content, with items spanning defence contractor philanthropy, mining exploration, and agricultural biotechnology.

Sep 24, 2026

Maritime Briefing: Guohang Pivots to Tankers as Panama Registry Slips to Third in Global Rankings

Chinese shipping firm Guohang Ocean Shipping makes a strategic move into tanker operations, while the Panama Ship Registry loses ground to the Marshall Islands amid sanctions pressure and port state detention scrutiny.

Sep 23, 2026

Maritime Industry Briefing: MSC Vessel Adrift in South China Sea, PIL Leadership Change, and Wind-Powered RoRo Debuts in Zeebrugge

A derelict MSC containership drifts unmanned in the South China Sea following crew abandonment, while PIL announces a CEO transition and a CMA CGM-backed wind-powered RoRo makes its Belgian debut.

Sep 23, 2026