Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

Finnlines adopts graphene-based hard foul release hull coating across its ro-ro and ro-pax fleets to reduce fuel consumption and emissions

Finnlines, in partnership with GIT Coatings, is accelerating its decarbonization efforts by adopting XGIT-FUEL, an innovative graphene-based hard foul release hull coating, across its ro-ro and ro-pax fleets. Starting with their first vessel in 2022, …
May 10, 2024 / Curious

Flex LNG – New Time Charter for Flex Constellation

Flex LNG, Ltd. (Flex LNG) (OSE/NYSE: FLNG) has announced a new Time Charter agreement with a large Asian LNG importer, for the vessel, Flex Constellation. The Time Charter commenced on May 7 with a minimum period of 312 days i.e. until end of first …
May 10, 2024 / Curious

Intermarine Launches Intermarine Bulk Carriers and Expands Fleet By Two Vessels

Intermarine has thrived since its full integration into the SAL-Intermarine Group a year and a half ago. Specialized in lines services and project cargo, the Company has built an excellent reputation as a leading, high-quality MPP Operator in the …
May 10, 2024 / Curious

WinGD expands X-DF-A segment reach with AET’s first ammonia Aframax order

Swiss marine power company WinGD has secured yet another order for its X‑DF‑A ammonia-fuelled engines in what will be the world’s first ammonia dual-fuel Aframax tankers. Two vessels ordered by Singapore based ship owner and operator AET, will be …
May 10, 2024 / Curious

MODEC: GHG Emissions quantification project completed at FPSOs in Brazil – A first by Japanese Companies

MODEC, Inc. (MODEC) and JGC Corporation, an overseas EPC operating company of JGC Holdings Corporation, are pleased to announce the completion of a project to measure and quantify emissions of methane and other greenhouse gases (GHG) from floating …
May 10, 2024 / Curious

Avance Gas Holding Ltd (AGAS): Successfully completed the sale of our sixth dual fuel VLGC newbuilding

Avance Gas Holding Ltd. (Avance Gas) (OSE: AGAS) has announced the successful sale of the Very Large Gas Carrier (VLGC) newbuilding hull 2368 in connection with the delivery of her from Hanwha Ocean yard in South Korea. The VLGC with the intended …
May 10, 2024 / Curious

Fairplay Towage Group places order for two additional Damen ASD tugs

Fairplay Towage Group, one of Europe’s leading towage providers, has placed an order with Damen Shipyards for the delivery of two further tugboats Fairplay Towage Group, one of Europe’s leading towage providers, has placed an order with Damen …
May 10, 2024 / Curious

Belships ASA: Sale of two Supramax vessels

Belships has entered into agreements for the sale of BELFRIEND and BELTIDE, Supramax bulk carriers built in 2016, for a price of USD 28.3m per vessel. Delivery is expected to occur within Q3 2024 and the Company will realise a gain of approximately …
May 10, 2024 / Vessels

Med Marine selects Kongsberg Maritime thrusters for six stern-drive tugs for Tunisian port authority

Kongsberg Maritime will supply a pair of its US205 FP azimuth thrusters for each of the 28-metre vessels, giving bollard pull of 60 tons per vessel Kongsberg Maritime has won a contract to supply azimuth thrusters to Turkish shipbuilder Med Marine to …
May 10, 2024 / Vessels

VARD signs contract with Island Offshore for Hybrid Ocean Energy Construction Vessel

VARD has announced that the Company signed a very important contract for the design and construction of one state-of-the-art hybrid power Ocean Energy Construction Vessel (OECV) for the Norwegian shipping group Island Offshore. The parties have also …
May 10, 2024 / Curious