Maritime Companies Directory

More than 200 guests attended the official naming ceremony of Stena Line’s newest vessel, Stena Futura, at Belfast Harbour.  The 147-mhybrid freight ferry Stena Futura is the first of two next-generation “NewMax” freight vessels purpose-built for the busy Belfast–Heysham route. The ship is methanol-ready and equipped with hybrid propulsion systems, including battery capability and shore power connectivity. These innovations will help Stena Line achieve its goal of reducing CO₂ emissions by 30% by 2030.

Odfjell SE and Japan’s Nissen Kaiun Co., Ltd. have formed a new Bergen-based joint venture, Odfjell Hakata Maritime AS, marking a significant expansion of their long-standing partnership and adding substantial capacity to the global chemical tanker market.The JV will launch with a fleet of 10 stainless-steel chemical tankers, equally contributed by the two companies. Nine of the vessels are already operating under Odfjell Tankers via existing charter agreements, while the tenth is set to join the fleet in early December. The vessels will be fully integrated into Odfjell’s commercial platform and deployed across major deep-sea trade lanes.

ZIM Integrated Shipping Services reported third-quarter 2025 earnings that, while sharply lower year-on-year, demonstrate the carrier’s ability to generate meaningful profit and cash flow in an increasingly volatile global container market. Revenues fell 36% to $1.78 billion as freight rates continued to normalize from 2024 highs, and net income dropped to $123 million, compared with $1.13 billion a year ago. Still, ZIM delivered an Adjusted EBITDA of $593 million—underscoring the value of its cost-efficient, modernizing fleet and its highly tactical approach to capacity deployment.

Star Bulk Carriers reported a weaker third quarter amid softening dry bulk markets, lower charter rates and a smaller operating fleet, while continuing to reshape its fleet through vessel sales, refinancing and newbuilding acquisitions.The company posted net income of $18.5 million for Q3 2025, down sharply from $81.3 million in the same period last year. Voyage revenues also fell to $263.9 million, versus $344.3 million a year ago, reflecting reduced TCE rates and a drop in the number of vessels on the water. Star Bulk operated an average of 141.4 vessels during the quarter, down from 155.3 in Q3 2024.

The National Transportation Safety Board said on Tuesday that a loose wire led to a power failure on the cargo ship Dali that crashed into Baltimore's Francis Scott Key Bridge in March 2024, killing six people and wrecking the bridge.The NTSB is holding a hearing in Washington to determine the probable cause of the incident that killed six construction workers on the bridge.The board staff said they are recommending operators complete periodic inspections of high voltage switchboards and proposing changes that would allow ships to more quickly recover from loss of power.