Navigare Capital is building a diversified portfolio of maritime assets across major shipping segments
Large container vessels
Container vessels most typically carry a combination of standard 20-foot (TEU) and 40-foot (FEU) boxes and sail on fixed schedules on fixed service routes. The largest container vessels are modern and energy-efficient units with carrying capacity of more than 24,000 TEUs. The best-known cargo types transported by these vessels are manufactured products such as household goods and electronic products, with a diverse client base ranging from the world’s largest retailers to small freight forwarders. The container fleet also plays a critical role in the global cold chain, ensuring the transportation of temperature-sensitive cargoes worldwide, such as frozen food, fresh fruits, medicines, vaccines and pharmaceuticals.
Container feeder vessels
Feeders are small to medium-sized container vessels that connect local ports with transshipment hubs so that containers can be loaded onto or distributed from deep-sea mainliner container vessels. They are also the workhorses for intra-regional trade, ensuring smooth trade flows within regions. Some feeder vessels are equipped with loading gear, making them less dependent on port infrastructure. The increasing adoption of global “hub-and-spoke” networks, where large vessels only call at major hubs, has created growing demand for feeders to ensure that cargoes reach their final destinations.
Dry bulk carriers
Dry bulk carriers transport large quantities of unpackaged raw material and agricultural products that enable us to house and feed our populations and manufacture goods. Typical cargoes include iron ore, coal, grains, feedstocks and fertilisers, as well as minerals, rare earth and forestry products. Vessel types vary from smaller Handysizes and Supramaxes, fitted with cranes and grabs for high flexibility in areas with less developed infrastructure, to Kamsarmax and Capesize carriers and VLOCs (very large ore carriers), which can move cargoes of more than 400,000 tonnes in a single voyage across the globe.
Crude oil tankers transport large quantities of crude oil and dirty oil products worldwide between global production hubs and consumption hubs. More specifically, these vessels are typically employed on medium- to long-haul routes and transport crude oil from oil fields and rigs to refineries for processing. All crude tankers have double hulls to reduce the risk of oil spills and to deliver a safe and efficient transport service to support the global energy networks. Crude tankers are among the largest vessels across all commercial shipping segments. Vessel types vary from smaller Panamaxes and Aframaxes to Suezmax tankers. The largest VLCCs (very large crude carriers) can carry up to 300,000 tonnes of oil.
Product tankers transport refined oil products such as gasoline, diesel, jet fuel and heating oil. These vessels have coated tanks and are, generally speaking, smaller than crude oil tankers. Product tankers are typically employed on short- and medium-haul routes from the refineries to end-user markets. In terms of size classes, they range from smaller vessels such as general purpose tankers to Medium Range vessels (MRs) and Long Range 1 and 2 tankers (LR1 and LR2). The LRs are the largest product tankers with carrying capacity of up to 125,000 tonnes of refined oil products.
LNG carriers transport liquified natural gas between exporting hubs to consumption areas with regasification capacity. LNG is widely used in numerous industries, for domestic heating and in power plants producing electricity. It is the preferred bridge solution for the energy transition and plays a vital role in energy security. In order to transport natural gas in liquid form in LNG carriers, it needs to be cooled to -163 degrees Celsius, at which point it liquifies and decreases in volume by 1/600th. LNG carriers are highly specialised vessels with membrane cargo containment systems that can maintain ultra-low temperatures during transit.
LPG carriers transport liquified petroleum gas between exporting hubs and consumption hubs. LPG has a wide array of applications, and is often used for production of plastics, cooking and domestic heating, among other things. It is an important fuel for the energy transition, as it offers a cost-efficient and safe energy source. In order to transport petroleum gas in liquid form in LPG carriers, it needs to be cooled to -42 degrees Celsius, at which point it liquifies and decreases in volume by 1/270th. LPG carriers are specialised vessels with pressurised and/or refrigerated cargo containment systems to maintain low temperatures during transit. The largest VLGCs (very large gas carriers) can carry up to 90,000 m³ of LPG.
Offshore wind service operation vessels
Offshore wind service operation vessels (“SOV”) ensure cost-effective maintenance and operation of wind farms. These sophisticated vessels are equipped with DP2, a dynamic positioning system, enabling them to remain in exactly the same position constantly irrespective of the wind and sea conditions during operations. The vessels can accommodate more than 40 service technicians in single outside cabins for up to two to three weeks with comfortable living conditions. The technicians can safely transfer to work on the turbine towers via state-of-the-art motion compensated gangways. The vessels also have state-of-the-art anti-roll systems to negate motion sickness for personnel, as well as battery hybrid propulsion and, increasingly, shore power connection.
Offshore wind commissioning service operation vessels
Offshore wind commissioning service operation vessels (“CSOV”) have many similar features to SOVs but differ in that they have 3D motion compensated cranes, which are utilised during commissioning of wind turbines. The vessels have larger deck space and can accommodate more than 60 service technicians in single outside cabins for up to two to three weeks. Lastly, CSOVs can be retrofitted with helicopter landing platforms if required. Otherwise, they also have state-of-the-art motion compensated gangways, DP2 systems, anti-roll systems, battery hybrid propulsion and, increasingly, shore power connection.
Short sea RoRo (roll-on/roll-off) vessels are specialised vessels designed for the efficient transportation of wheeled cargoes, such as cars, trucks and trailers, which can be driven directly onto and off the vessels' decks, hence the name roll-on/roll-off. Their carry capacity is measured in lane metres (LM), representing the length of lanes available on the deck for vehicles. These vessels operate primarily on regional routes with a highly diverse mix of freight. Short-sea RoRo vessels play a crucial role in regional economies and are often viewed as part of the regional infrastructure. The efficiency and versatility of these vessels make them a vital component in intermodal transportation and an environmentally friendlier alternative to land-based transport, especially over longer distances.