Maritime news
Monitor breaking maritime news and insights for profitable, efficient and safe shipping.
Samsung Heavy Industries Achieves Certification for LNG Carrier with Wind-assisted Propulsion
Samsung Heavy Industries announced on Nov. 20 that it has received basic design certification for a liquefied natural gas (LNG) carrier equipped with a wind-assisted propulsion device called the "wing sail." This innovative development marks a …
Nov 21, 2024 / Curious
VPS and Veracity by DNV partner to streamline MRV Reporting for offshore vessels
VPS, a leading provider of digital decarbonisation services for the shipping and offshore sectors, has entered a Partner Agreement with Veracity, the leading maritime emissions cloud from DNV for streamlining the MRV Reporting for Offshore vessels. …
Nov 21, 2024 / Curious
China's first deep-ocean drilling vessel enters service
The Meng Xiang, China's first domestically designed and built deep-ocean drilling vessel with a maximum drilling depth of 11 kilometers was officially commissioned in the southern Chinese metropolis of Guangzhou on Sunday, marking a significant …
Nov 21, 2024 / Vessels
Odfjell Terminals Expands Storage Capacity in Ulsan
Odfjell has announced the approval of a new expansion project at Odfjell Terminals Korea (OTK). The project comprises a new tank pit of ten tanks and will significantly broaden services and product handling capacity at the leading Ulsan terminal. …
Nov 21, 2024 / Curious
Avance Gas Holding Ltd: Successfully completed the third VLGC delivery to BW LPG
Avance Gas Holding Ltd. (Avance Gas) (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd (BW LPG) for $1,050 million. Today Avance Gas announces the third VLGC delivery, the 2015-built …
Nov 21, 2024 / Curious
Navigator Gas Announces Two Additional 48,500 Cubic Meter Capacity Liquefied Ethylene Gas Carrier Newbuilds
Navigator Holdings Ltd. (Navigator Gas) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, has today exercised its previously announced option to construct two further 48,500 cubic meter capacity …
Nov 21, 2024 / Curious
First Damen Combi Freighters 5000 on maiden voyage to Squtrixo General Trading
Damen Shipyards Group has delivered two Combi Freighter (CF) 5000 vessels to Squtrixo General Trading. Additionally, Damen will soon hand over a third vessel to Squtrixo, a CF 3850. A product of continual evolution During the maiden voyage of the …
Nov 21, 2024 / Vessels
ABS and KOMERI Sign Agreement to Advance Maritime Technology Research and Development
ABS and the Korea Marine Equipment Research Institute (KOMERI) signed an agreement at Offshore Korea that establishes a framework for strengthening technology research and development in the shipbuilding and marine industries. Photo Caption: …
Nov 21, 2024 / Curious
HD Korea Shipbuilding & Offshore Engineering receives order for two VLGCs
HD Hyundai Heavy Industries, a subsidiary of HD Korea Shipbuilding & Marine Engineering, announced on the 18th that it has signed a construction contract for two ultra-large liquefied petroleum gas carriers (VLGC) with an Asian-based shipping …
Nov 20, 2024 / Curious
ARC Supports Deployment of 3rd Brigade Combat Team, 1st Armored Division through the Port of Setubal, Portugal
On November 05, 2024, American Roll-On Roll-Off Carrier’s (ARC) M/V Endurance pulled into the Port of Setubal and over the next several days downloaded approximately 750 pieces of military equipment assigned to the 3rd Brigade Combat Team, 1st …
Nov 20, 2024 / Vessels