Damen signs contract with the Polidano Group for two Combi Freighters
(Posted on 01/04/26)
Damen Shipyards Group has signed a contract with the Polidano Group for the delivery of two Combi Freighters (CF) 3850. The Malta-based company will use the vessels primarily for the transport of aggregates for its construction business. The new vessels will be named Denise P and Julia P in honour of Polidano family members.
The Polidano Group approached Damen due to the reputation of the CF 3850 in the market. The company will use the vessels to replace a single vessel it currently operates, thereby significantly increasing its cargo capacity.
The Polidano Group typically transports aggregates from Albania to Malta. The CF 3850, with its box-shaped hold and tween deck, offers multiple cargo configurations. With this, the company will be able to transport a wide range of cargoes, including breakbulk and containers on their return journey, as well as more widely in the Mediterranean region.
The CF 3850 vessels will also provide the Polidano Group with increased efficiency. The vessel’s modern hull design and minimal resistance in the water are part of Damen’s concerted effort to reduce both fuel consumption and emissions to a minimum.
A further advantage that led the company to approach Damen was the shipbuilder’s ability to provide a fast delivery. It is Damen’s practice to construct its proven vessels in series, often for stock. The two CF 3850 vessels were already in construction at Damen’s yard in China prior to the Polidano Group placing its order.
As a result, the company will be able to take delivery of both vessels within a year of signing the contract. Damen expects to deliver the first vessel this year, and the second in Q1 2027.
Charles Polidano, founding member of the Polidano Group, said, “We are very pleased to place this order with Damen Shipyards Group. It is the aim of our company to always remain ahead of the curve and we believe these vessels, which are renowned in the industry for their performance, will position us well for the coming years. As the first newbuild cargo vessels to be constructed for our country in some time, the CF 3850 vessels represent a boost in capability, not only for us, but for Malta.”
Joppe Neijens, Sales Manager for Damen Cargo Vessels, said, “There is a good connection between Damen and the Polidano Group. Our two organisations are both family businesses and we share the same entrepreneurial spirit. The company is well known as a leader in its sector, and we are very proud that they have chosen to place their trust in Damen, having heard of the qualities of the CF 3850 vessel.”
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