Canadian dry bulk shipping company Fednav has signed a letter of intent with Japan's Oshima Shipbuilding for the construction of four new 35,000 dwt laker-type handysize bulk carriers. The vessels are expected to be deli…
Greece-based Monte Nero Management has signed a shipbuilding contract for two firm Very Large Crude Carriers (VLCCs) with Hengli Shipbuilding, marking the company's entry into the rapidly growing VLCC market. The contrac…
Vincent Clerc, CEO of global shipping giant Maersk, has warned that the industry may need to scrap older vessels to stabilize the freight market amid falling rates. Clerc explained that as ships return to regular routes …
**Hengli Heavy Industry Secures Bulk Carrier Order from MARAN DRY** On 11 Feb 2026, Hengli Heavy Industry signed a shipbuilding contract with MARAN DRY, the dry bulk arm of Greece’s Angelicoussis Shipping Group, at its y…
Maersk has signed an agreement with New Times Shipbuilding Co. Ltd. in China to order eight new 18,600 TEU vessels as part of its ongoing fleet renewal strategy. Each vessel will measure 366 meters in length and 58.6 met…
VENERGY Maritime has announced a significant step in its fleet development strategy, confirming orders for six MR2 product tankers at K Shipbuilding in South Korea and securing options for two additional vessels. The com…
Maersk has received the 'Tangier Maersk,' the first in a new series of six mid-size vessels constructed by Yangzijiang Shipbuilding in China. Each vessel in this series has a capacity of about 9,000 TEU and is equipped w…
A significant shift in global tanker ordering has taken place as Guangzhou Shipyard International (GSI), in partnership with China Shipbuilding Trading Co. (CSTC), secured a major contract to build 10 MR2 product tankers…
On January 30 at 10:00 a.m., the large LNG carrier 'Tianshan', with a capacity of 174,000 cubic meters, was successfully delivered at the Hudong-Zhonghua terminal on Changxing Island, Shanghai. Developed and built by Hud…
On January 28, Zhonggu Logistics signed a contract with Hengli Heavy Industry to build four plus two optional new 6,300 TEU container ships, marking the first cooperation between the two companies. This order represents …
Neda Maritime Agency Co. Ltd., led by the Lykiardopulo family, has expanded its newbuilding investments by ordering another Kamsarmax vessel from a Chinese shipyard. In addition, the company is reportedly establishing a …
Swan Defence and Heavy Industries Limited (SDHI) has achieved a historic milestone by signing its first newbuild contract for six IMO Type II chemical tankers, each with a capacity of 18,000 DWT. The vessels, valued at U…