Maritime news
Monitor breaking maritime news and insights for profitable, efficient and safe shipping.
MOL and Kobe Steel offset CO2 emission from the iron ore carrier's voyage between Australia and Japan
Mitsui O.S.K. Lines, Ltd. (MOL) and Kobe Steel, Ltd. on Thursday (Mar09) announced that the companies have offset carbon dioxide (CO2) emissions from fuel used in ocean transport of iron ore from Australia to Japan, through the use of voluntary …
Mar 12, 2023 / Curious
Klaipėdos nafta To Support SNAM FSRU Italia In The Commissioning Of The Piombino LNG Terminal
Oil and liquefied natural gas (LNG) terminals’ operator KN (AB Klaipėdos nafta) has been successfully expanding its involvement in rapidly growing international LNG import terminal market. The company has been chosen by Italian energy company Snam …
Mar 11, 2023 / Curious
BW Offshore sells FPSO BW Opportunity for USD 125 million
BW Offshore has signed an agreement for the sale of the FPSO BW Opportunity to an undisclosed third party for a total consideration of USD 125 million. The sale is subject to conditions precedent and is expected to be completed by the end of the …
Mar 11, 2023 / Vessels
HaiSea Marine celebrates official naming of its green fleet including the world’s first fully electric tug boat
All five tug boats were named by the Haisla, Gitxaala, and Gitga’at Nations and carry connection to the cultures and regions of BC’s North Coast HaiSea Marine, majority owned by Haisla Nation in partnership with Seaspan ULC, is celebrating the …
Mar 11, 2023 / Vessels
Freire Shipyard inks newbuilding contract with Briggs Marine for the construction of a new Maintenance Support Vessel
Freire Shipyard, has secured a contract from the leading UK marine contractor Briggs Marine for the design and construction of a new Maintenance Support Vessel. This modern and efficient vessel is optimally configured to support Briggs’ ongoing …
Mar 11, 2023 / Vessels
Swan Group Subsidiary leases out its FSRU vessel to Turkey’s Botas
Swan Energy Limited (SEL), a diversified conglomerate with interests in oil and gas, textile and infrastructure businesses, through its subsidiary Triumph Offshore Private Limited (TOPL), has signed an agreement to lease out its Floating Storage …
Mar 10, 2023 / Vessels
Grafmarine is testing revolutionary solar energy cells with Carisbrooke’s vessel
Grafmarine are piloting its NanoDeck AI Solar tile management solution in partnership with Carisbrooke Shipping Ltd. “NanoDeck challenges the current reliance on fossil fuels by providing a clean and sustainable alternative renewable source of …
Mar 10, 2023 / Curious
DP World’s Pusan terminal is world’s first to implement BOXBAY high-bay storage system
DP World has announced the first commercial use of its revolutionary BOXBAY high-bay storage system at their terminal in Pusan, South Korea. A contract was signed on 8th March between Pusan Newport Corporation (PNC) and Boxbay FZCO – a joint venture …
Mar 10, 2023 / Curious
Euronav to work with United Nations in rescue operation for stricken FSO Safer
Euronav NV (EURN or Euronav) (NYSE: EURN & Euronext: EURN) announced earlier today it has signed an agreement with the UN to sell a VLCC as part of a wider salvage operation for the FSO Safer located in Yemen. Euronav will provide a suitable …
Mar 10, 2023 / Vessels
Navigator Holdings Ltd. Announces Additional Details For Expansion Project Under Existing Ethylene Export Terminal Joint Venture
Navigator Holdings Ltd. (Navigator) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announced on Thursday (Mar09) additional details regarding its expected participation in a capital project (the …
Mar 10, 2023 / Curious