Maritime Group News

Grieg Maritime Group has signed a contract with GT Wings to install at least two of their AirWing20 on their fleet.Energy efficiency will be crucial for both climate action and commercial success going forward. Waiting for new fuels and new ships will not be enough to succeed; measures must also be implemented on the existing fleet.The GT Wings AirWing20 is a Jet Sail that will enable Star Kirkenes to take advantage of the wind, reducing fuel consumption.The AirWing was selected for its high thrust output and compact footprint…

Asia Pacific Maritime (APM) 2026 kicked off today to a record-breaking turnout, with its largest-ever edition occupying 6 exhibition halls across 2 levels at the Sands Expo & Convention Centre, Marina Bay Sands Singapore. Bringing together 819 exhibitors, including 20 international pavilions, the 19th edition sets the stage for three days of industry dialogue, innovation & tech breakthroughs in maritime collaboration, under the theme “Future of Vessels, Solutions for Tomorrow”.Navigating…

Shipbuilder Damen and Windcat, part of maritime group CMB.TECH, have launched the Windcat Amsterdam, marking the arrival of the first Elevation series commissioning service operation vessel (CSOV) in European waters.The vessel was developed jointly by the two companies and constructed at Damen’s Ha Long Shipyard in Vietnam. It is designed to support construction, commissioning and maintenance activities across offshore energy projects.Windcat Amsterdam can accommodate up to 120 personnel and will serve as a floating base for offshore operations…

PaxOcean, a part of Kuok Maritime Group (KMG), has opened a new S$200 million shipyard at 5 Jalan Samulun (5JS).The shipyard, situated in the Jurong Industrial Estate, spans 17.26 hectares and features two large graving docks, one floating dock, expanded quayside capacity, and dedicated, integrated workshops to support complex and high-value maritime and offshore assets. The build took two years and was jointly supported by JTC Corporation (JTC) and Singapore Economic Development Board (EDB).5JS replaces PaxOcean’s previous location at 33 Tuas Crescent.

SunStone Maritime Group has chartered its expedition vessel, the Ocean Endeavour, to the Danish Defence. From early February, the vessel will be berthed in Nuuk, Greenland, where it will accommodate Danish and international soldiers participating in Exercise "Arctic Endurance."Until late 2025, the Ocean Endeavour was chartered out as a polar expedition vessel with itineraries in Arctic Canada, Greenland, and Antarctica.For any further information, please contact the press office of Defence Command Denmark at FKO-presse@mil.dk

PaxOcean Group and ABB have announced that Singapore’s first fully electric tug completed commissioning, marking a major milestone in the city-state’s harbor craft electrification program.The 50-tonne bollard pull tug, PXO-ACE-1, is expected to be deployed in April 2026 and is the first fully electric tug to be built and operated in Singapore. The vessel was built by PaxOcean Group, a subsidiary of Kuok Maritime Group, and is powered by an integrated electric propulsion system…

The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to fund Russia's war in Ukraine.The EU has imposed 19 packages of sanctions so far, but Moscow has managed to adapt to most measures and is still selling millions of barrels of oil to India and China, albeit at discounts to global prices. Much of this is transported using…

The European Union has adopted fresh sanctions targeting companies and individuals accused of helping Moscow to circumvent Western sanctions on oil exports that help to fund Russia's war in Ukraine.The EU has imposed 19 packages of sanctions so far, but Moscow has managed to adapt to most measures and is still selling millions of barrels of oil to India and China, albeit at discounts to global prices. Much of this is transported using a so-called shadow fleet of vessels operating…

Norwegian offshore vessel owner Solstad Maritime has sold its Normand Clipper construction support vessel (CSV) to Global Maritime Group.Global Maritime Group, the current charterer of the vessel, declared the purchase option for the Normand Clipper, with the deliver of set to take lace at the end of the firm contract period on June 1, 2026.The vessel has supported Global Marine Group’s worldwide cable-laying operations since 2020.Solstad Maritime said it recognize a gain on the sale of approximately $10 million to be reflected in the second quarter 2026 accounts.Built in 2001…

Italy's antitrust regulator said on Friday that Shipping Agencies Services (SAS), a unit of maritime group MSC, would drop its acquisition of a 49% stake in ferry operator Moby after the watchdog opened a probe into alleged restriction of competition.Moby, majority-owned by Onorato Armatori group, runs ferries linking Italy's mainland to tourist islands such as Sardinia and Corsica.The Italian authority, which opened an investigation into the acquisition last year, said the deal could have weakened competition on routes where Moby and ferry company Grandi Navi Veloci (GNV), controlled by SAS,

SunStone Maritime Group A/S, touted as the world’s largest tonnage provider to the expedition cruise industry, announced the delivery of the seventh and final vessel in this first series of newbuilds, the Douglas Mawson. The delivery took place at China Merchants Heavy Industry in Haimen, China, on September 9, 2025.Named after Sir Douglas Mawson, the Australian geologist and Antarctic explorer whose work was central to the study of the polar regions, it is the third Infinity vessel to go to Aurora Expeditions…

Fairfield-Maxwell Ltd. (FML) is returning to the shipping industry in Japan and opening a new office in Tokyo aimed at participating in ship construction, ownership, investment and leasing.The new company will focus on being the tonnage provider of choice and offering a diverse range of vessel types, including chemical tankers, medium range (MR) tankers, gas carriers and newbuilds.The new company – to be named Fairfield Maritime Japan Ltd. – will be a part of a newly formed Fairfield Maritime Group.

CMB.TECH has successfully completed the stock-for-stock merger between Golden Ocean Group Limited and CMB.TECH Bermuda, a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda Ltd. as the surviving company, and with CMB.TECH as the issuer of the merger consideration shares. CMB.TECH has issued 95,952,934 new ordinary shares by means of a capital increase by contribution in kind. These shares will be delivered to former holders of Golden Ocean shares as merger consideration at the exchange ratio of 0.95 ordinary shares of CMB.TECH for each common share of Golden Ocean.

cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik will remain involved in the group as a member of the Board of Directors.As of July 1st, Carsten Lund will assume the role of CEO of the Group. He previously served as SunStone’s Chief Commercial Officer, where he was responsible for the Company’s client relations and commercial development.

In the demanding environment of ultra-deep waters, where reliability is paramount, Parkburn Precision Handling Systems and Scantrol AS have joined forces to deliver an impactful solution. This collaboration has enabled Stabbert Maritime Group's Offshore Support Vessel (OSV) Ocean Guardian to achieve successful operations since delivery over two years ago.Parkburn, an innovator in winching technologies and cable handling systems across the marine, industrial, and oil & gas sectors, often collaborates with specialized suppliers to enhance its systems performance.

CMB.TECH and Golden Ocean Group have signed a term sheet for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean.The Term Sheet has been unanimously approved by CMB.TECH’s Supervisory Board and by Golden Ocean’s Board of Directors, including its special transaction committee composed of disinterested directors.The transaction would be structured as a merger with Golden Ocean merging with and into CMB.TECH Bermuda Ltd.…

Tributes have been paid to The Maritime Group (International) (TMG) founder Captain John M Cox III following his death at the age of 93.Capt Cox, known to his friends as Jack, died peacefully in Seattle on Thursday November 21 after a short illness.He recently retired as chairman and president of The Maritime Group (International), which included The Maritime Group, Inc. (Seattle), The Maritime Group (Pacific), The Maritime Group (Asia) and The Maritime Group (Europe) - recently…

SunStone Maritime Group has launched its latest expedition cruise vessel, Douglas Mawson, at China Merchants Heavy Industry.With a capacity up to 170 passengers and 102 crew, the vessel features advanced safety systems, energy-efficient operations and eco-friendly technologies designed to minimize environmental impact.Built with Ulstein’s revolutionary X-Bow® design, the vessel is IceClass 1A and Polar Class 6, ensuring safe and efficient operations in some of the world’s most challenging environments.

Montréal-based marine and environmental services provider LOGISTEC announced it has appointed Cleidy Liborio Fernandes as chief commercial officer.Liborio Fernandes brings her leadership skills in international business and strategic development to drive growth for the company’s marine services sector throughout North America, Latin America and internationally.“As a transformational leader with in-depth supply chain knowledge and solid experience in large commercial organizations in the marine and logistics industry…

Pacific Maritime Group said its harbor towboat S. Bass has recently completed a full repower at Bay Ship in Alameda, Calif. and is back in action in San Diego, Long Beach and the Bay Area.The repower involved installing new EPA Tier 3 Mitsubishi S12R-Y3MPTAW engines, and Twin Disc 540 transmissions which were supplied by Dee Finley Diesel Repair, and installed new exhaust, water coolers, custom critical grade mufflers, aftercooler, reservoir system, propeller shafts and dripless shaft seal system that were designed and manufactured by Bay Ship.The 60-foot S.

Shipbuilder PaxOcean announced it has signed a contract with an undisclosed Greek shipowner for the construction of up to 10 multipurpose service vessels (MPSV).The significant order comes as demand rises across the offshore support vessel (OSV) sector.PaxOcean, part of Singapore-based Kuok Maritime Group, said the "state-of-the-art" vessels will be built at its yard in Zhoushan, China, for scheduled delivery from third quarter of 2026 onward.Designed by Salt Ship Design of Norway…

Wilhelmsen Ships Service has integrated Stromme and Navadan to launch a new tank and hold cleaning unit under the brand Navadan by Wilhelmsen.The strategic acquisitions of Stromme, a provider of cargo hold cleaning solutions as well as Navadan, a dedicated team of tank and cargo hold cleaning specialists, was fully in line with the strategy to expand, grow and further develop market presence within these segments, Wilhelmsen Ships Service.Navadan by Wilhelmsen is expected to strengthen the global maritime group’s capabilities in the tank and cargo hold cleaning market…

Luke M. Reid has joined Blank Rome as a partner in the firm’s Maritime group and as a member of the Transportation industry team in the Boston office. A former U.S. Coast Guard officer, Reid advises clients in connection with all aspects of international and domestic maritime regulatory compliance, as well as representing maritime clients in connection with government investigations, criminal and civil litigation, defense of maritime regulatory enforcement actions, environmental enforcement defense, and international law.