We are pleased to announce the successful delivery of the Navig8 Estelle and Navig8 Express which completed on 20th September. This joint delivery brings the total number of MRs completed for Navig8 by New Times Shipbuilding Co. in 2024 to five. A sixth MR is due to be delivered by the end of the year.
All six of the state-of-the-art 50,000DWT product oil / chemical tankers are installed with air lubrication systems and scrubbers from maritime technology provider, Clean Marine.
Navig8 also employs the Shipwatch voyage execution platform to oversee performance and reduce emissions through enhanced operational efficiency. A CII monitoring system is directly connected to the Shipwatch platform to allow vital collection of emissions data and reporting.
The two E-series additions join the Navig8 Gamma8 Pool and will be technically managed by TB Maritime.
We are pleased to announce the delivery of the Navig8 Excellence this week, the third of six newbuild MR vessels from New Times Shipbuilding Co. due for delivery this year.
All six of the state-of-the-art MRs are installed with air lubrication systems and scrubbers from maritime technology provider, Clean Marine.
Navig8 also employs the Shipwatch voyage execution platform to oversee performance and reduce emissions through enhanced operational efficiency. A CII monitoring system is directly connected to the Shipwatch platform to allow vital collection of emissions data and reporting.
The Navig8 Excellence joins the Navig8 Gamma8 Pool and will be technically managed by TB Maritime.
ADNOC Logistics and Services Plc (ADNOC L&S), a global energy maritime logistics company, today announced an agreement to acquire Navig8 TopCo Holdings Inc. (Navig8).
Nicolas Busch, CEO of Navig8, said: “Navig8 is excited by ADNOC L&S’ investment into the company, which is a great credit to the hard work and dedication of the Navig8 global team over the last 17 years making this partnership possible. The opportunity to work collaboratively with ADNOC L&S and the wider ADNOC Group brings together their extensive knowledge of energy markets with Navig8’s unique presence in the maritime sector. This will allow us to enhance the service and value we deliver to both our customers and the Navig8 group. We are very proud to support ADNOC L&S as they increase their global footprint.”
Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, said: “This value accretive acquisition marks another major milestone as we deliver on our transformational growth strategy. The addition of Navig8’s presence in 15 international cities, fleet of tankers and world-class services will expand our geographical footprint and service offering, cementing our position as a leading global energy maritime logistics and services company.”
Following the successful completion of the acquisition, which is subject to customary regulatory approvals, the current Navig8 management team will continue to operate the business on a day-to-day basis. Current operations with be maintained under the existing Navig8 brand to ensure continued strength in business performance, while leveraging the complementary benefits of the ADNOC L&S partnership.
Click here to read the full press release on the ADNOC website.
For media inquiries, please contact: media@navig8group.com
The Navig8 Exceed will utilise a range of technologies that improve operational efficiency, lessen fuel consumption, and reduce emissions.
The Navig8 Exceed entered Navig8 ownership this April, the second of six newbuild MR vessels due for delivery by 2025 from New Times Shipbuilding Co. Ltd.
All six vessels are installed with an air lubrication system (ALS) from Marine Technology Solutions, and an exhaust gas cleaning system (EGCS) to remove sulphur, otherwise known as a scrubber.
Furthermore, Navig8 employs the Shipwatch platform to oversee the performance of its ships and actively contribute to the reduction of CO2 emissions through enhanced operational efficiency. All vessels will integrate a CII monitoring system directly connected to the Shipwatch platform.
The vessels will join the Navig8 Gamma8 Pool and will be technically managed by Suntech Maritime.
Vessel: Navig8 Exceed
Yard: New Times Shipbuilding Co. Ltd
Built: 2024
Deadweight: 50,000
We are delighted to announce that Yasa Hawk joins the Eco MR pool in February 2024.
Vessel: Yasa Hawk
Yard: SPP – Sancheon
Built: 2017
Deadweight: 49,990
The Navig8 Excel will utilise a range of technologies that improve operational efficiency, lessen fuel consumption, and reduce emissions.
The Navig8 Excel entered Navig8 ownership today, the first of six newbuild MR vessels due for delivery by 2025 from New Times Shipbuilding Co. Ltd.
All six vessels are installed with an air lubrication system (ALS) from Marine Technology Solutions, and an exhaust gas cleaning system (EGCS) to remove sulphur, otherwise known as a scrubber.
ALS technology employs a continuous stream of air bubbles to reduce friction and drag between the vessel and the water. During recent sea trials of the Navig8 Excel, the ALS system resulted in proven efficiencies in fuel consumption and a power gain of 6.89% MT/day. Meanwhile, the model of EGCS fitted on the MRs has been certified to reduce sulphur emissions to below 0.1%.
Furthermore, Navig8 employs the Shipwatch platform to oversee the performance of its ships and actively contribute to the reduction of CO2 emissions through enhanced operational efficiency. All vessels will integrate a CII monitoring system directly connected to the Shipwatch platform.
The vessels will join the Navig8 Gamma8 Pool and will be technically managed by Suntech Maritime.
Gary Brocklesby, Chairman of Navig8 said:
“These MR vessels are fully equipped with emission-reducing technologies and intelligence tools that enable the comprehensive collection and analysis of numerous data points related to our operations. This integrated approach empowers us to achieve significant enhancements in efficiencies and lessen the environmental impact of our operations.”
Vessel: Navig8 Excel
Yard: New Times Shipbuilding Co. Ltd
Built: 2024
Deadweight: 50,000
We are delighted to announce that Yasa Seagull joins the Eco MR pool in January 2024.
Vessel: Yasa Seagull
Yard: SPP – Sancheon
Built: 2017
Deadweight: 49,990
We are delighted to announce that Byzantine have committed the Katherine Lady to the Eco MR Pool. The vessel delivered in October 2023, which brings the total number of Eco MR vessels under Navig8’s management to 13.
Vessel: Katherine Lady
Yard: Hyundai Mipo
Delivery: October 2023
Deadweight: 49,999
We are delighted to announce that the Navig8 Messi, Navig8 Montiel, Navig8 Martinez and Navig8 Macallister have joined the LR8 Pool.
Vessel: Navig8 Macallister
Yard: DSIC
Deadweight: 75,618
Vessel: Navig8 Martinez
Yard: DSIC
Deadweight: 76,547
Vessel: Navig8 Ma
Yard: DSIC
Deadweight: 75,618
Vessel: Navig8 Montiel
Yard: DSIC
Deadweight: 69,999
We are delighted to announce that Raptor will be joining Navig8’s commercially managed fleet, delivering in February 2023.
Vessel: Raptor
Yard: Universal Shipbuilding
Delivery: February 2023
Deadweight: 159,395
Wishing all of our clients and partners a very Happy New Year! As we look ahead to a strong 2023, we are delighted to announce the addition of the following new-build scrubber fitted LR2s to the Navig8 fleet:
Navig8 Pride LHJ: Delivering ex New Times 06-Jan-2023
Navig8 Wolf: Delivering ex Daehan 09-Jan-2023
Navig8 Providence: Delivering ex New Times 01-April-2023
We are delighted to announce that DSD Shipping have committed two vessels, Stavanger Pioneer and Stavanger Poseidon, to the Eco MR Pool. Both ships delivered in December 2022, which brings the total number of eco MR vessels under Navig8’s management to 13.
Vessel: Stavanger Pioneer
Yard: Hyundai Vinashin
Delivery: December 2022
Deadweight: 49,999
Vessel: Stavanger Poseidon
Yard: Hyundai Vinashin
Delivery: December 2022
Deadweight: 49,999