Maritime news

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

Flex LNG lands another two-year LNG carrier charter extension

Flex LNG Ltd. (Flex LNG) (NYSE/OSE: FLNG) has received notice that the charterer of Flex Courageous, a super major, has exercised its first extension option. Flex Courageous was fixed on a three-year Time Charter on November 1, 2021, together with …
Feb 23, 2024 / Vessels

The first Norsepower Rotor Sail™ funded by German Government to be fitted on Baltrader’s new cement carrier

Baltrader Capital GmbH & Co. KG, Hamburg, and Norsepower, the leading global provider of auxiliary wind propulsion systems, have signed a contract concerning the delivery of one 24m x 4m sized Norsepower Rotor Sail™ in summer 2024. The product …
Feb 23, 2024 / Curious

Enaex and NYK Group's NBP Jointly Explore Low-Carbon Ammonia Supply for Transport of Copper Products from Chile to Far East

Enaex S.A., a Chilean ammonium nitrate producer, and NYK Bulk & Projects Carriers Ltd. (NBP), a member of the NYK Group, signed a memorandum of understanding (MoU) in January to jointly research the feasibility of supplying low-carbon ammonia to …
Feb 23, 2024 / Curious

Scorpio Tankers Announces MOU Licensing FOWE Fuel-Saving Devices for Entire Fleet

Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers) announced that the Company has signed a non-binding Memorandum of Understanding to install the Fowe Eco Solutions Ltd. (“FOWE”) fuel emulsion systems across its entire fleet. The terms of the …
Feb 23, 2024 / Curious

Eastern Pacific Shipping makes first wind-assisted propulsion move with bound4blue eSAILs®

Eastern Pacific Shipping (EPS) has signed a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install three 22-metre eSAILs® onboard the Pacific Sentinel. The turnkey ‘suction sail’ technology, which drags air …
Feb 22, 2024 / Curious

Vitol Bunkers takes delivery of first biofuel barge in Asia

Vitol Bunkers has taken delivery of the Marine Future, its first specialised bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market. The addition of this specialized IMO type 2 notation bunker tanker to the …
Feb 22, 2024 / Curious

Galveston LNG Bunker Port comes onboard SEA-LNG coalition

Galveston LNG Bunker Port (GLBP), a joint-venture between Seapath Group, one of the maritime subsidiaries of the Libra Group, and Pilot LNG, LLC (Pilot), a Houston-based clean energy solutions company, has joined SEA-LNG – further enhancing our LNG …
Feb 22, 2024 / Curious

KR Verifies HMM’s Greenhouse Gas Reduction Calculation Methodology

KR has awarded a third-party verification certificate for a “Greenhouse Gas Reduction Calculation Methodology” developed by HMM, South Korea’s largest shipping company. The methodology is based on the Renewable Energy Directive Ⅱ, a regulatory …
Feb 22, 2024 / Curious

Unifeeder completes agreement for two additional methanol-powered vessels

Underscoring the commitment to greener shipping solutions. Unifeeder Group has successfully completed a long-term charter agreement for two additional methanol-capable container feeder vessels. This follows the agreement for two initial vessels …
Feb 22, 2024 / Curious

Canadian Coast Guard Ship Griffon Vessel Life Extension Contract Awarded

Ensuring that Canadian Coast Guard personnel have reliable equipment to keep Canada's waterways safe and open for business is a key priority for the Government of Canada. Today, the Minister of Public Services and Procurement, the Honourable …
Feb 22, 2024 / Vessels