Maritime news

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

Fincantieri and Viking sign contracts for two cruise ships

The order confirms a strong order pipeline as per the Industrial Plan Fincantieri and Viking have announced that they have signed contracts for the construction of two cruise vessels, based on the successful features of the previous ships, which …
Jun 21, 2024 / Curious

Hanwha to Acquire Philly Shipyard

Philly Shipyard ASA (XOAX: PHLY)(PHLY) has entered into a share purchase agreement with both Hanwha Systems and Hanwha Ocean (together Hanwha), for the purchase of Philly Shipyard, Inc. (PSI), the sole operating subsidiary of PHLY. The Transaction …
Jun 21, 2024 / Curious

Höegh Autoliners secures significant Enova funding for four ammonia-powered Aurora vessels

Today, Höegh Autoliners was granted NOK 109,4million in increased Enova funding as part of its “Ammonia fuelled vessel programme” to ensure that four of Höegh Autoliners’ Aurora Class vessels can run fully on ammonia when they are delivered in 2027. …
Jun 21, 2024 / Curious

Peruvian Trade Set for Boost as DP World Completes $400M Callao Port Expansion

DP World has completed a major $400 million expansion project at the Port of Callao in Peru, boosting container handling capacity at the South Terminal by 80% and solidifying Callao’s position as the key gateway for global trade on the west coast of …
Jun 21, 2024 / Curious

Jan De Nul will connect the Princess Elisabeth Island to the Belgian high-voltage grid

In consortium with LS Cable & System, we won a contract to supply, install and test three 220 kV alternating current cables. These subsea cables will transmit renewable energy from the Princess Elisabeth Island to the Belgian high-voltage onshore …
Jun 20, 2024 / Curious

Another deal of historic proportions: A fleet of four Union Maritime tankers to be fitted with Norsepower Rotor Sails™

Norsepower, the leading provider of mechanical sails for large vessels, has closed a new deal with Union Maritime Limited (UML) to equip its fleet of new product tankers with Norsepower Rotor Sails™ (NPRS™). The agreement includes supply contracts …
Jun 20, 2024 / Curious

APM Terminals Pipavav Port Achieves Milestone in Vehicle Logistics, Sets New RORO Handling Record in May

APM Terminals Pipavav (GPPL) has achieved a significant milestone in vehicle logistics, setting a new record for the highest number of processed RORO rakes handled in a single month. The terminal processed 40 NMG (Newly Modified Goods) rakes, …
Jun 20, 2024 / Curious

Wärtsilä propulsion solutions expected to deliver 5% fuel savings for International Seaways tankers

Technology group Wärtsilä today announced it will supply its EnergoFlow and EnergoProFin propulsion solutions to four medium range (MR) tankers in the International Seaways (NYSE: INSW) fleet. The devices will be used to upgrade the ships’ existing …
Jun 20, 2024 / Vessels

MPCC Announces Vessel Acquisitions and New Charter Package Deal

MPC Container Ships ASA (MPCC) has announced the acquisition of two 3,500 TEU vessels and a charter agreement package for a total of 10 vessels, including the new acquisitions, thereby strengthening the Company’s backlog and improving earnings …
Jun 20, 2024 / Vessels

Port of Aberdeen to become smartest port in the UK with £1m investment

North, a leading provider of smart integrated solutions, has been awarded contracts to the value of £1 million by Port of Aberdeen to improve the safety, connectivity and sustainability of Scotland’s largest berthing port. The contract includes the …
Jun 19, 2024 / Curious