The global LNG carrier orderbook has reached historic levels, with over 400 vessels now under construction—almost 50% of the existing fleet. Driven by energy security concerns and a wave of new liquefaction projects, thi…
Wan Hai Lines, a major container shipping company, has placed an order exceeding $550 million for six dual-fuel container vessels at CSSC shipyards. The deal is a significant move towards greener shipping, as the dual-fu…
The American Bureau of Shipping (ABS) has announced a partnership with HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries to explore the use of nuclear-powered electric propulsion for cont…
On March 10, the 82,000 DWT bulk carrier Pacific Felicity was officially named and delivered at China Merchants Jinling Shipyard in Yizheng, Jiangsu Province. Built for Ming Wah (Hong Kong) and designed by the Shanghai M…
Chowgule and Company - Shipbuilding Division has announced the successful completion of sea trials for C 284 Astramar, the 10th vessel in their 12-ship series of 5350 DWT Hybrid General Cargo Vessels. The company highlig…
Swiss shipowner Suisse-Atlantique, controlled by the Andre family, has placed an order for five 63,500 DWT ultra-handysize bulk carriers at Jiangmen Nanyang Ship Engineering Co., Ltd. in China. This marks the company's f…
Ocean Network Express (ONE) has announced plans to order 22 liquefied natural gas (LNG) dual-fuel containerships valued at approximately $4.2 billion, despite the current downturn in container freight rates. The order in…
On March 10, Wan Hai Lines revealed that it has placed orders for four LNG dual-fuel 6,000 TEU container vessels with Huangpu Wenchong Shipbuilding, at an average price of US$75.2 million to US$82.0 million per ship. The…
Danaos, a Greek shipowner listed in the United States, has announced an order for four 211,000 DWT Newcastlemax bulk carriers at Panjin Dajin, a subsidiary of Dajin Heavy Industry. The vessels, with hull numbers DJCFD010…
Lila Global announced that MV Lila Nangli has successfully completed its Special Survey No. 3 at ZHTI Shipyard in Zhoushan, China. The vessel underwent comprehensive maintenance and an efficiency upgrade program, includi…
On March 9, Zhoushan COSCO Shipping Heavy Industry and Norwegian shipowner KNOT finalized a contract for the construction of a 154,000 DWT shuttle tanker. This marks the fourteenth shuttle tanker collaboration between th…
Yesterday, the shipyard team in Mombasa marked a significant achievement with the successful launch of two 16.3-meter aluminium patrol boats under construction for the Tanzania Ports Authority (TPA). The vessels, named T…