Maritime news
Monitor breaking maritime news and insights for profitable, efficient and safe shipping.
Odfjell SE exercises purchase options for super-segregator vessels and secures attractive financing
Odfjell has now exercised purchase options for an additional four vessels currently on long-term lease to the company. With these agreements, Odfjell is set to purchase a total of seven chemical tankers over the next 14 months. All vessels are fully …
Dec 11, 2024 / Finance
Hanwha Ocean Standard FPSO design receives Approval in Principle from Bureau Veritas
Hanwha Ocean Co., Ltd (Hanwha Ocean), one of the largest shipbuilders in the world has been awarded an Approval in Principle (AiP) from Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection and certification for its …
Dec 11, 2024 / Curious
Visby has become a new favourite destination – you can also explore the island in your car
Viking Cinderella and Gabriella will make a total of five cruises from Helsinki to Visby next summer. Cruise guests can easily experience the medieval town of Visby as well as other parts of the island of Gotland since they can take their car on …
Dec 11, 2024 / Vessels
UECC Hoists Sail for Change Initiative With New Titan Supply Deal For LBM To Drastically Cut Fleet Emissions
United European Car Carriers (UECC) has secured a major bunkering deal with Titan Clean Fuels to source liquefied biomethane that will enable the company to reduce its GHG emissions by over 75,000 tons in 2025 - or around one-third of its annual …
Dec 11, 2024 / Vessels
Changhong International Delivers Last 5,300 TEU Container Ship to NAVIOS
On December 9, Zhoushan Changhong International Shipyard Co. LTD (Changhong International) completed the online signing and delivery of the tenth 5,300 TEU container ship ZIM ALBATROSS (CHB2015) built for the Greek shipowner NAVIOS MARITIME …
Dec 11, 2024 / Vessels
Cosco to invest in MOL’s six Q-max LNG tanker newbuilds
The Chinese state giant will acquire a 50% stake in each of the six single-ship entities set up by MOL in Liberia COSCO Shipping Energy Transportation has decided to invest in QatarEnergy’s newbuilding project for six Q-Max LNG carriers with Japanese …
Dec 11, 2024 / Vessels
PaxOcean Inks Contract with Penta-Ocean Construction for Cable Laying Vessel
PaxOcean has announced the signing of a significant contract for the construction of a Cable Laying Vessel (CLV), a key project in Japan’s rapidly growing offshore wind industry. This partnership marks the second collaboration between PaxOcean and …
Dec 11, 2024 / Vessels
NYK Obtains Approval in Principle (AiP) for the design concept for Long-Distance Subsea Cable-Laying Vessel
NYK has recently obtained Approval in Principle (AiP) from ClassNK for the design concept of a cable-laying vessel for the construction of a long-distance subsea direct current (“DC”) transmission network in Japan. Since suitable locations for …
Dec 10, 2024 / Curious
Eastern Pacific Shipping extends eSAIL® installation with bound4blue on newbuild
Eastern Pacific Shipping (EPS) has strengthened its collaboration with bound4blue by contracting three 22-meter high eSAIL® suction sails. The fully autonomous Wind Assisted Propulsion System (WAPS) will be installed on a newbuild MR Tanker by New …
Dec 10, 2024 / Curious
Contecon Guayaquil strengthens trade connection to Asia
Contecon Guayaquil (CGSA), Ecuador’s main port and subsidiary of International Container Terminal Services, Inc. (ICTSI), has signed a new commercial agreement for the Asia-South America (ASA) service, further strengthening Contecon Guayaquil’s …
Dec 10, 2024 / Curious