Faroe Islands owner and operator Navigare Shipping & Logistics is bringing in new vessels through a deal for a quartet of minibulkers.
The Hojgaard family-controlled company has struck a long-term charter agreement with Briese Schiffahrts and Futurum Shipping for the so-called Groot 5200 XL vessels.
“This collaboration marks a major step in strengthening our commercial ties and demonstrates our shared commitment to quality tonnage, reliable operations, and sustainable shipping solutions,” the company said in a social media post on LinkedIn.
In recent years, Navigare Shipping, founded in 1966, has steadily grown to control a fleet of around 15 vessels, carrying goods for clients in the northern European market.
Last November, the Søldarfjørður-based company contracted four 5,600 dwt general cargo newbuilds at Dutch shipbuilder Thecla Bodewes Shipyards, with delivery of the first vessel is scheduled for spring 2026.
The company also recently took over the 2011-built general cargo vessel Helena VG. The 3.175 dwt unit will be renamed Hav Sand and enter full operation as a self-discharger by July.
