Maritime news

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

Avance Gas Holding Ltd (AGAS): Successfully completed the sale of our sixth dual fuel VLGC newbuilding

Avance Gas Holding Ltd. (Avance Gas) (OSE: AGAS) has announced the successful sale of the Very Large Gas Carrier (VLGC) newbuilding hull 2368 in connection with the delivery of her from Hanwha Ocean yard in South Korea. The VLGC with the intended …
May 10, 2024 / Curious

Fairplay Towage Group places order for two additional Damen ASD tugs

Fairplay Towage Group, one of Europe’s leading towage providers, has placed an order with Damen Shipyards for the delivery of two further tugboats Fairplay Towage Group, one of Europe’s leading towage providers, has placed an order with Damen …
May 10, 2024 / Curious

Belships ASA: Sale of two Supramax vessels

Belships has entered into agreements for the sale of BELFRIEND and BELTIDE, Supramax bulk carriers built in 2016, for a price of USD 28.3m per vessel. Delivery is expected to occur within Q3 2024 and the Company will realise a gain of approximately …
May 10, 2024 / Vessels

Med Marine selects Kongsberg Maritime thrusters for six stern-drive tugs for Tunisian port authority

Kongsberg Maritime will supply a pair of its US205 FP azimuth thrusters for each of the 28-metre vessels, giving bollard pull of 60 tons per vessel Kongsberg Maritime has won a contract to supply azimuth thrusters to Turkish shipbuilder Med Marine to …
May 10, 2024 / Vessels

VARD signs contract with Island Offshore for Hybrid Ocean Energy Construction Vessel

VARD has announced that the Company signed a very important contract for the design and construction of one state-of-the-art hybrid power Ocean Energy Construction Vessel (OECV) for the Norwegian shipping group Island Offshore. The parties have also …
May 10, 2024 / Curious

Kongsberg Maritime hybrid technology to optimise energy use and cut emissions for Matson Navigation Company’s new LNG-powered container ships

Kongsberg Maritime will supply a comprehensive range of integrated technologies to optimise energy use and reduce emissions for three new 3600 TEU LNG-powered container ships being built at Philly Shipyard for Matson Navigation Company. They are the …
May 9, 2024 / Curious

QatarEnergy And Nakilat Sign A Long-Term Agreement To Charter And Operate Nine QC-Max LNG Vessels

Qatar Gas Transport Company Limited (Nakilat) announces the signing of a long-term agreement to charter and operate nine QC-Max class LNG vessels, as part of QatarEnergy’s program to expand its fleet of LNG carriers. The agreement was signed by His …
May 9, 2024 / Curious

Svitzer Completes Tug Series Delivery in Brazil

Svitzer, a leading global towage provider, has today announced the successful delivery of Svitzer Babitonga, the final tug in a series of six vessels from the 2300 Rampart Series. The delivery strengthens its fleet serving Brazil's dynamic maritime …
May 9, 2024 / Vessels

Stena Line to increase cargo capacity by 30% on Stena Forerunner and Stena Foreteller – signs contract with China Merchants Jinling Shipyard

On behalf of Stena Line, Stena RoRo has signed a conversion contract with China Merchants Jinling (Weihai) Shipyard for the installation of an additional cargo deck, increased thruster capacity and preparations for shore power onboard Stena …
May 9, 2024 / Curious

Future-proof Wärtsilä 25 engine to power three new fishing vessels

Technology group Wärtsilä will supply its latest addition to the company’s engine portfolio, the Wärtsilä 25, for a new 44-metre long stern trawler. The vessel is being built for Faroe Islands operator Vardin and is the first of three new vessels to …
May 9, 2024 / Curious