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4 November 2026

Aramco starts production from giant oilfield expansion project

Downunder Voices Newsroom

Source reporting: Splash247

Aramco starts production from giant oilfield expansion project

Saudi state oil giant Aramco has started crude production from its major Zuluf offshore expansion project, bringing a development designed to process up to 600,000 barrels per day closer to full operations. Located in the Arabian Gulf, Zuluf is one of Aramco’s largest offshore oilfields. The expansion forms part of its programme to maintain the …

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Source: Splash247

4 November 2026

BG Shipping lines up four ultramaxes in Chinese leasing deal

Hong Kong-based BG Shipping has lined up four ultramax bulk carriers at Jiangsu Soho Innovation & Technology Shipbuilding under a leasing arrangement with China’s Suyin Financial Leasing. The four-vessel project, adding a combined 256,000 dwt, marks Suyin’s first ship operating lease transaction, according to an announcement by the Chinese lessor. No contract value, lease duration …

Source: Splash247

4 November 2026

Samudera taps Yangzijiang yards for boxship duo

Singapore-listed Samudera Shipping Line has ordered two containerships in China, adding 6,000 teu of capacity to its newbuilding pipeline. The Indonesian-controlled carrier disclosed in a filing that it had signed shipbuilding contracts with Jiangsu New Yangzi Shipbuilding and Jiangsu Yangzi-Mitsui Shipbuilding, both part of the Yangzijiang Shipbuilding group. The two vessels are scheduled for completion …

Source: Splash247

4 November 2026

Vafias bolsters tanker newbuild programme

Greek shipowner Harry Vafias is expanding his South Korean tanker newbuilding programme with four more ships, adding two VLCCs and two LR2 product tankers in deals estimated at around $422m. Vafias-backed Stealth Maritime has been linked to another pair of 320,000 dwt VLCCs at Hanwha Ocean and two 115,000 dwt LR2s at HD Hyundai Heavy …

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Source: Splash247

4 November 2026

TS Lines adds $246m boxship brace in China

Taiwanese liner operator TS Lines has returned to Shanghai Waigaoqiao Shipbuilding (SWS) for another pair of containerships in a deal worth $246m. The Hong Kong-listed carrier has contracted two 11,000 teu vessels at the CSSC-controlled yard, together with China Shipbuilding Trading, paying $123m apiece. The ships are scheduled for delivery in 2030, with the investment …