Maritime news

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

Tagged in vessels

CIMC Raffles picks TMC for Havfram Wind’s WTIVs

CIMC Raffles has chosen TMC Compressors to supply a complete marine compressed air system to the two Wind Turbine Installation Vessels (WTIVs) Havfram Wind has ordered from the Chinese shipbuilder. Havfram Wind is an offshore wind company focused on …
Jan 17, 2024 / Curious

Yanmar announces development of hydrogen-fueled 4-stroke engine for zero-emission vessels

Yanmar Power Technology Co., Ltd. (YPT), a subsidiary of Yanmar Holdings Co., Ltd., has embarked on the development of a hydrogen-fueled 4-stroke high-speed engine for power generation for coastal vessels in Japan as part of the Nippon Foundation’s …
Jan 10, 2024 / Curious

Seaspan Launches First of Three LNG Bunkering Vessels to Deliver Low-Carbon Energy Solutions to the Maritime Industry

Seaspan Energy is celebrating the new year with the launch of its first of three 7600m3 LNG bunkering vessels, the Seaspan Garibaldi, named after Mount Garibaldi, or “Nch’ḵay̓” as the Squamish Nation has known it for thousands of years. This series …
Jan 10, 2024 / Vessels

Eastern Shipbuilding Group Awarded Contract To Deliver Cutting-Edge MPSVs For Hornbeck Offshore Services

Eastern Shipbuilding Group has announced its recent contract with Zurich American Insurance Company, to complete construction of two ultra high-spec 400 class Multi-Purpose Support Vessels (MPSVs) for Hornbeck Offshore Services, LLC (HOS). This …
Jan 4, 2024 / Curious

AtoB@C Shipping takes delivery of next-generation electric hybrid vessel Electramar

AtoB@C Shipping, a subsidiary of ESL Shipping, has today 15 December taken delivery of Electramar, the first vessel in the series of twelve highly energy-efficient plug-in hybrid vessels. These vessels reduce CO2 emissions by up to 50% compared to …
Dec 18, 2023 / Vessels

Philly Shipyard and TOTE Services hold a keel-laying ceremony for 4th of five training vessels

TOTE Services, LLC (TOTE Services), an affiliate of TOTE, LLC (TOTE Group), and Philly Shipyard, Inc. (Philly Shipyard), the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), today marked a significant construction milestone at a keel …
Dec 11, 2023 / Curious

Havfram signs Green ECA Term Loan Facility to fully finance newbuilding programme

Havfram has signed a Senior Secured Green ECA Term Loan Facility to fund its two Wind Turbine Installation Vessels (WTIVs), currently under construction at CIMC Raffles. The Facility was entered into with a syndicate led by DNB Bank ASA …
Nov 22, 2023 / Curious

TORM purchases eight LR2 vessels

On 09 November 2023, TORM has entered into an agreement to acquire eight second-hand LR2 vessels that are expected to be delivered in late Q4 2023 and in Q1 2024 for a total consideration of USD 399m, with a cash consideration of USD 239m and the …
Nov 9, 2023 / Vessels

Kongsberg Digital Selected by Svitzer Australia to Deliver World-Class Simulation Capability

Global leader in sustainable marine services, Svitzer, has selected Kongsberg Digital to deliver state-of-the-art simulators in support of crew training at its Port of Newcastle base in Australia. The contract with Kongsberg will help create a …
Nov 7, 2023 / Curious

AD Ports Group Acquires 10 Offshore Vessels for around US$200 million

AD Ports Group (ADX: ADPORTS), a global leader in trade, logistics and industry, today announced the purchase of 10 offshore vessels, that will bolster offshore operations in the Middle East and Southeast Asia.  The investment is around US$200 …
Nov 7, 2023 / Curious