Maritime news
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TEN Announces the Sale of A 2007-Built Aframax Tanker
TEN, Ltd. (TEN) (NYSE: TNP) announces the sale of the Aframax tanker Izumo Princess, the first in a series of eight pioneered-designed vessels the Company built between 2007 and 2010. The sale will add approximately $37 million to the Company’s cash …
Apr 23, 2024 / Vessels
Overseas Shipholding Group Awarded Federal Grant to Design Marine Transport For Liquified CO2 Captured by Florida’s Largest Emitters
Overseas Shipholding Group, Inc. (NYSE: OSG) (OSG), a leading provider of energy transportation services, announced today that the Company has been awarded a $3,000,000 grant from the United States Department of Energy for the engineering and design …
Apr 23, 2024 / Curious
Carras Aquataurus Becomes World’s First Vessel to Earn ABS Biofuel-1 Notation
Carras (Hellas) S.A. is taking the next step in its sustainability journey by receiving the ABS Biofuel-1 notation for its Aquataurus Ultramax bulk carrier, the first vessel in the world to qualify. The notation is assigned to vessels that use a …
Apr 23, 2024 / Curious
Three Cargill Innovations Win the Prestigious 2024 Edison Awards™
Cargill honored for innovations across the smart transportation, health & beauty care solutions, social & cultural impact – environmental solutions categories The Edison Awards™, named after the American inventor Thomas Alva Edison, recognize …
Apr 22, 2024 / Curious
Kotug International selected EST-Floattech for the containerized battery system for world’s first fully electric pusherboat
EST-Floattech has announced that KOTUG International B.V. (KOTUG), the leading international towage and maritime company, has chosen EST-Floattech’s containerized energy storage solution with Octopus Series for the E-Pusher 1 (Type M). On board the …
Apr 22, 2024 / Curious
Wärtsilä cargo handling and fuel gas supply systems continue to be the choice for Very Large Ethane Gas Carriers
Wärtsilä Gas Solutions, part of technology group Wärtsilä has been contracted to supply the cargo handling and fuel gas supply systems for three new 98k Very Large Ethane Gas Carrier (VLEC) vessels. The ships are being built at the HD Hyundai Heavy …
Apr 22, 2024 / Curious
Belships Announces Fleet Expansion
Belships has expanded its newbuilding program with two new 64 000 dwt Ultramax bulk carriers which will be delivered in 2028. The vessels are leased on similar terms as previously announced transactions, and Belships is not required to make any down …
Apr 22, 2024 / Curious
Himalaya Shipping Delivery of Mount Denali and Commencement of Charter
Himalaya Shipping Ltd. has announced that it has successfully taken delivery of the tenth of the twelve 210,000 dwt Newcastlemax dual fuel newbuildings the Company has on order from New Times Shipyard. The remaining two vessels are scheduled to be …
Apr 22, 2024 / Vessels
Value Maritime and MOL team up to capture carbon together
Dutch emission-reducing tech enterprise, Value Maritime (VM) and Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) have inked a contract for VM to supply an Exhaust Gas Cleaning System (EGCS) and Carbon Capture feature for an LR1 Product …
Apr 22, 2024 / Curious
Kongsberg Maritime secures contract to supply propeller systems to Damen Naval for four Anti-Submarine Warfare frigates
Kongsberg Maritime will supply four shipsets of its controllable pitch propeller systems and associated equipment, including shaftlines. It is the second collaboration between Damen Naval and Kongsberg Maritime in the past 18 months. Kongsberg …
Apr 19, 2024 / Naval