Greek shipowner Evangelos Marinakis has expanded his company's shipbuilding activities by ordering two capesize bulk carriers at China’s Hengli Shipbuilding. Sources in the industry confirmed that the 180,000 dwt vessels…
Greek shipowner Efnav has signed a contract for six kamsarmax bulk carriers at Hengli Heavy Industries, marking its first deal with the rapidly expanding Chinese shipyard. The 82,000 dwt newbuilds, valued at approximatel…
Svitzer, Cochin Shipyard Sign Electric Tug Order On 31 October 2025, Svitzer signed a letter of intent with <a style="cursor: pointer; color: blue; text-decoration: underline;" onclick="…
MSC Magnifica Undergoes Refurbishment in Malta On 31 Oct 2025, MSC Cruises began an extensive refurbishment of MSC Magnifica at Palumbo Malta Shipyard in Malta. This marks the first of two M…
On October 30, COSCO SHIPPING Development Co., Ltd. (SSE: 601866) revealed two landmark shipbuilding deals totaling RMB 12.4 billion (approximately USD 1.7 billion), marking one of the company’s largest single investment…
Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) has announced plans to expand its LNG carrier fleet to approximately 150 vessels by the early 2030s. This move comes as the company anticipates a sustained increase in global LNG d…
The VLCC (Very Large Crude Carrier) newbuilding market is experiencing a surge in activity as leading shipowners rush to secure shipyard slots amid strong tanker earnings and tightening environmental regulations. In Asia…
Hengli Heavy Industry (Hengli HI) has announced a series of significant achievements in the shipbuilding sector. On October 27, the company signed a contract with Greek shipowner EFNAV for six 82,000-DWT bulk carriers. S…
In a significant development reported by Xinhua News Agency, China and the United States have reached a major consensus during the Kuala Lumpur Economic and Trade Consultations. The U.S. will suspend its 'Section 301' in…
On October 27th, the vessel NB 974 for Purus was launched for the first time at Vard Vung Tau. This Commissioning Service Operation Vessel (CSOV) is one of two ships being designed and constructed for Purus, aiming to ad…
Taizhou Nuode Shipping Co., Ltd., a rapidly growing Chinese shipping investor, has announced a significant fleet expansion, signing contracts for 10 + 10 new 14,000-DWT Twin-deck multi-purpose project (MPP) vessels. The …
The Scottish government has shortlisted four overseas shipyards to compete for a $270 million contract to build two new RoRo/passenger ferries, as part of the fleet renewal for operator Caledonian Maritime Assets Limited…