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The Dutch short-sea shipping company, Vertom Group, has officially taken delivery of the MV Vertom Rita, the first in a series of twelve diesel-electric short-sea vessels ordered from Chowgule Shipyards in India. Key Features of MV Vertom Rita The MV Vertom Rita boasts a box-shaped dry cargo hold, designed for operational efficiency by reducing energy...

Danish shipping giant Maersk has finalized agreements with two Chinese shipyards and one South Korean shipyard to construct 20 dual-fuel container vessels. These contracts complete the newbuilding orders announced in August 2024 as part of Maersk’s fleet renewal plan. Fleet Renewal Plan Overview In August, Maersk unveiled plans for 50–60 new container ships, combining owned...

Swiss shipping giant MSC Mediterranean Shipping Company has inked a contract with a Chinese shipyard for the construction of up to twelve new dual-fuel containerships powered by liquefied natural gas (LNG). Continuing its robust investment in new vessels, MSC placed an order at Jiangsu Rongsheng Heavy Industries, a reestablished shipyard, for eight firm boxships. The...

Finnlines, the Finnish shipping company, has announced it is currently in the process of selecting a shipbuilder to construct its new environmentally friendly roll-on/roll-off passenger (RoPax) fleet. The company recently launched a tender to identify a shipbuilder for three new ferries, which will serve the Helsinki (Finland) – Travemünde (Germany) route. “Our goal is to...

Germany-based container shipping giant Hapag-Lloyd has placed significant orders for up to 30 liquefied natural gas (LNG) dual-fuel container vessels from Chinese shipbuilders. After a pause in newbuilding orders, Hapag-Lloyd is now expanding its fleet with ten firm orders and five optional 17,000 TEU vessels from Yangzijiang Shipbuilding, according to data from Intermodal. Each vessel...

Swedish shipping company Erik Thun has received the first plug-in hybrid dry cargo vessel in its next-generation Lake Vänern Max series, built by Ferus Smit shipyard in the Netherlands. The vessel, named Lidan, was delivered on October 2, 2024. Shortly after, Lidan completed its maiden voyage from Eemshaven to Wilhelmshaven for its first loading operation....

U.S.-listed Greek dry cargo vessel owner and operator, Navios Maritime Partners, has placed an order for two methanol-ready 7,900 TEU containerships at a South Korean shipyard. The vessels will be built by HJ Shipbuilding & Construction (HJSC) at a cost of approximately $106 million each, according to data from Intermodal. These vessels are believed to...

Finland-based marine engineering company Deltamarin has secured a contract with China Merchants Jinling Shipyard (Weihai) to design and engineer the 14th and 15th vessels in Stena RoRo’s E-Flexer series. These vessels will feature multi-fuel capabilities and be methanol-ready, highlighting the industry’s shift towards greener technology. Set to join the fleet in 2027, the two new...

Navigare Capital Partners, a Danish maritime investment company, has taken delivery of its second liquefied petroleum gas (LPG) carrier, the Navigare Gaia. The Navigare Gaia measures 220 meters in length and boasts a carrying capacity of 84,000 cubic meters. The vessel is contracted for a five-year term with oil major Shell. Recently, the Navigare Gaia...

Yang Ming Reports Profitable Q2 2024 Amid Shipping Industry Disruptions, Expands Fleet for Emission Reduction Goals Despite ongoing disruptions in the container shipping industry, Taiwanese shipping giant Yang Ming has posted a profitable second quarter of 2024 and announced further ship acquisitions aimed at meeting its emission reduction targets. Strong Financial Performance in Q2 2024...