Newport Shipping sees rapid development in 2023

The last twelve months has been a magnificent period for Newport Shipping in bringing new solutions to the market and growing its business for the needs of tomorrows shipping industry.

In 2023 Newport Shipping executed 36 drydocking projects at its Tuzla Bay yard in Turkey, with other projects being completed at it partner shipyards in China and the rest of the world. Now that the Ballast Water Management Convention (BWMC) has been ratified there has also been an increase in ballast water treatment systems (BWTS) projects that have also been completed. This year alone Newport Shipping has carried out 10 BWTS installations onboard vessels. In other work carried out the company has seen 571tonnes of steel work carried out for various projects.

As part of its agenda to grow the company brand, 2023 saw the Newport Shipping team attend trade show's around the world. Now that we are living in a post-covid world it was good to attend trade show such as Nor-Shipping, Norway, Seawork, Southampton and London International Shipping Week. The market seems buoyant and revived and full of gusto for tackling the challenges that lie ahead in meeting future environmental regulations. Our highlight this year was to showcase the latest development - NAV!

NAV Engineering & Technology is revolutionizing the shipping industry with its cutting-edge hybrid-powered CTV designs. As a pioneering engineering and technology company, it is fully committed to driving sustainable solutions that deliver unmatched performance, efficiency, and environmental benefits. As part of its latest developments NAV have started on the developments of a Crew Transfer Vessels (CTV's) which will designed and operated by NAV. A brand-new concept in vessel design and construction. Further to this NAV is also developing its HybriNav26, more about this to follow in 2024.

2023 also saw Newport Shipping expand its shipyard partner network with HRDD. Adding HRDD to its network of partner shipyards enables Newport Shipping to offer clients further services to and docking options. HRDD is one of the leading ship repair yards in China and will help support Newport Shipping's activities in China.

Also, expanding on it business to provide environment solutions to the market. Newport Shipping signed an LOI with ZEME which set out an agreement to help it develop sales base leads. Newport Shipping will be working in a two-way relationship in that Newport Shipping will provide its full project management service and access to its 16 partner yards across the globe for projects and in turn help ZEME grow its own market outside of China, whilst providing ZEME's environmental solutions to its clients. Further to this Newport Shipping signed a co-operation agreement with NSB for the provision of maritime services and products. This co-operation agreement also includes NSB's ship widening design for containerships in conjunction with turnkey service provider Newport Shipping's specialized solutions for ship repair and retrofit services.

Newport Shipping

Newport Shipping UK LLP ("Newport" or the "Company") was established in the

UK in 2011 with vessel management, design, construction and repair experience dating back to the 1960s. The Company is active globally with the services of drydocking, retrofit, repair and conversions with a low carbon focus in 15 yards with 38 docks capable of handling approximately 2,500 repairs annually of all vessel classes and sizes.

Contact

Samantha Fisk

PR

Samantha.fisk@newportshipping.com