Maritime news

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

Flex LNG – Time Charter for Flex Endeavour extended to 2032

Flex LNG, Ltd. (Flex LNG) (OSE/NYSE: FLNG) announced on Friday (Apr12) that the charterer of Flex Endeavour has exercised an option to extend the firm period of the Time Charter by 500 days, from the third quarter 2030 to the first quarter of …
Apr 16, 2024 / Vessels

Japan's 1st Coastal Module Carrier to Transport Offshore Wind Turbine Foundation Components

MOL Drybulk Makes Marine Transport Deal with JFE Engineering; MOL Signs Contract for Vessel Construction Mitsui O.S.K. Lines, Ltd. (MOL) has announced that its group company MOL Drybulk Ltd. (MOL Drybulk) has signed a basic contract for marine …
Apr 16, 2024 / Vessels

Pelagic Partners joins forces with Borealis Maritime in state-of-the-art PSV duo investment

Pelagic Partners continues its strategic focus on increasing offshore energy asset exposure amid positive sentiment in the sector for foreseeable future Shipowner and shipping fund manager, Pelagic Partners, has successfully completed an investment …
Apr 16, 2024 / Curious

Cutting-edge Research Vessel Delivered To Thailand’s Department of Marine And Coastal Resources

Thailand’s Department of Marine and Coastal Resources (DMCR) has taken delivery of a new state-of-the-art research vessel designed by leading digital shipbuilder Incat Crowther. The Incat Crowther 25, built by Thai shipbuilder Seacrest Marine, will …
Apr 16, 2024 / Curious

TechnipFMC Awarded Large Subsea Contract for ExxonMobil Guyana’s Whiptail Project

TechnipFMC (NYSE: FTI) has been awarded a large(1) contract in Guyana’s Stabroek Block by Exxon Mobil Corporation (NYSE: XOM) affiliate ExxonMobil Guyana Limited to supply subsea production systems for the Whiptail project. TechnipFMC will provide …
Apr 16, 2024 / Curious

Euronav And Anglo-Eastern Join Forces

Euronav NV (Euronav) and Anglo-Eastern Univan Group (Anglo-Eastern) have announced a Heads of Agreement (HoA) for the sale and purchase of Euronav Ship Management Hellas (ESMH), Euronav’s ship management arm. Euronav and Anglo-Eastern intend to join …
Apr 16, 2024 / Curious

New freight ship begins service on Stena Line’s Dublin – Liverpool route boosting capacity by 30%

Swedish ferry company, Stena Line has introduced a larger RoRo ship, Bore Song, on the Dublin – Liverpool (Birkenhead) route. The freight only vessel will increase capacity on the route by 30%. Stena Line’s Dublin-Liverpool dedicated freight service …
Apr 15, 2024 / Vessels

Shanghai Electric’s 'ZHI ZHEN 100' excels thorough offshore equipment test

Against the backdrop of the Shanghai Electric wind farm, the Ulstein-designed vessel underwent thorough scrutiny. Milestone achieved Shanghai Electric’s cutting-edge vessel, the Ulstein-designed SX195 CSOV 'ZHI ZHEN 100,' has achieved a significant …
Apr 15, 2024 / Curious

EST-Floattech delivers Octopus Series battery systems to Coastal Workboats for E-LUV and SPSS

Coastal Workboats, a renowned name in the maritime industry for its commitment to sustainability, will collaborate with EST-Floattech, a leading provider of energy storage solutions for the maritime sector. EST-Floattech will be providing the battery …
Apr 15, 2024 / Curious

Van Oord completes large-scale beach restoration project in Valencia

Van Oord completed the largest beach restoration in Spain’s history, restoring the beaches south of the city of Valencia to their original size. The beaches have been slowly eroding since 1965. The Spanish government contracted the joint venture of …
Apr 15, 2024 / Curious