Navig8 Expands Fleet with Third MR Newbuild Vessel from New Times Shipbuilding

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  • Navig8 Excellence is the third of six new MR vessels delivered by New Times Shipbuilding Co. in 2024.
  • These vessels are equipped with advanced technology including air lubrication systems, scrubbers, and a voyage execution platform.
  • The vessel will be managed by TB Maritime and joins the Navig8 Gamma8 Pool.

Navig8 recently took delivery of its third newbuild vessel, the Navig8 Excellence, from New Times Shipbuilding Co. This marks the third delivery in a series of six modern MR vessels expected to be delivered in 2024.

Advanced Technology for Efficiency

Each of these vessels, including the Navig8 Excellence, is equipped with cutting-edge air lubrication systems and scrubbers, provided by Clean Marine, aimed at enhancing fuel efficiency and reducing environmental impact.

Navig8 also utilizes the Shipwatch voyage execution platform, which is designed to optimize performance and minimize emissions. This system helps enhance operational efficiency during voyages, contributing to reduced emissions.

Emissions Monitoring and Reporting

The vessels are equipped with a Carbon Intensity Indicator (CII) monitoring system, directly integrated into the Shipwatch platform. This connection allows for the real-time collection of emissions data and supports comprehensive reporting efforts.

Navig8 Gamma8 Pool

The Navig8 Excellence will be joining the Navig8 Gamma8 Pool, which consists of several vessels operating in global trades, maximizing commercial opportunities for the fleet.

The technical management of the Navig8 Excellence will be overseen by TB Maritime, ensuring the vessel operates efficiently and meets all regulatory standards.

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Source: Navig8