Maritime news

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

LR award new ammonia vessel design approval in principle

Lloyd’s Register (LR) has awarded Approval in Principle (AiP) for a newly developed ammonia-fuelled 3,500 TEU container vessel following a joint venture. A cross-industry taskforce including A. P. Møller-Mærsk, MAN Energy Solutions, Deltamarin, …
Jun 4, 2024 / Curious

DP World Announces Major Investments in Latin American Ports to Boost Capacity and Efficiency

DP World, a global leader in supply chain solutions, is making significant investments in its port terminals in Peru and Ecuador to enhance capacity and operational efficiency, reinforcing its strategic vision for Latin America and providing …
Jun 4, 2024 / Curious

TEN Announces Completion of Viken Fleet Acquisition and Sale of Aframax Tanker and LNG Carrier

TEN, Ltd (NYSE: TNP) announces the completion of the Viken Crude AS acquisition with the delivery of a 2019-built scrubber fitted 1A Ice-Class Aframax tanker. Concurrently the Company has sold a 2008-built Aframax and a 2007-built Steam Turbine LNG …
Jun 4, 2024 / Curious

Reach Subsea extended 3-year charter on Havila Subsea

Reach Subsea ASA has entered an agreement with Havila Shipping ASA to extend the firm charter period for the IMR, survey and construction vessel Havila Subsea with 3 years until 31.12.2027. The contract includes additional options for 1 + 1 years. …
Jun 3, 2024 / Curious

Wärtsilä partners with Gas and Heat and RINA for new ammonia fueled bunkering vessel

Green ammonia has great potential to play an important role in the strategies set by IMO and EU Wärtsilä joins Gas and Heat and RINA for an ambitious project of an ammonia fueled bunkering vessel. Wärtsilä is a global leader in power, propulsion and …
Jun 3, 2024 / Curious

Unifeeder Launches Greenbox To Support Customers Lower Scope 3 Emissions

From June 1, Unifeeder will offer its customers ‘GreenBox’, a new carbon insetting solution to decarbonize the seaborne sections of their supply chains. The service is an important element in Unifeeder’s wide-reaching sustainability strategy, which …
Jun 3, 2024 / Curious

Subsea7 awarded four PLSV contracts in Brazil

Subsea7 announce, after a competitive tender process, the award by Petrobras of four long-term day-rate contracts for pipelay support vessels (PLSVs) commencing in 2025. The contracts have a combined value of over $1.25 billion and will be recorded …
Jun 3, 2024 / Curious

Laskaridis Shipping, CARES and Metis to find realistic pathways to shipping’s low carbon future

A research project which brings together The Cambridge Centre for Advanced Research and Education in Singapore (CARES), Laskaridis Shipping Co. Ltd and Metis will evaluate the real impacts of the fuels offered to solve shipping’s decarbonization …
Jun 3, 2024 / Curious

Stena Line's use of AI drives the development of sustainable shipping

Stena Line, one of Europe's leading ferry companies, can now report a significant reduction in their fuel consumption thanks to their strategic use of AI. Through its advanced Voyage Optimisation System, optimisation of vessel functions can now be …
Jun 3, 2024 / Curious

Adani Ports Signs 30-Year Concession to Operate Container Terminal 2 at Dar es Salaam Port

Adani International Ports Holdings Pte Ltd. (AIPH), a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal …
Jun 3, 2024 / Curious