Cosco Shipping Energy Transportation announced has organisation restructuring plan with newly named departments for VLCCs and tanker operations.

FSL Trust is aiming to raise up to $21.3m from the sale of its existing ageing vessels to help pay for two new LR2 tankers recently ordered at a Cosco shipyard in China.

Germany’s TT-Line has confirmed newbuilding deals with China’s Jinling Shipyard to build up to two LNG dual fuel ropax vessels for use in the Baltic Sea.

Japan’s Nippon Yusen Kaisha (NYK) has approached South Korea’s Samsung Heavy Industries (SHI) to build two new LNG carrier on the back of a long term charter deal with France’s Total subsidiary.

Singapore-listed First Ship Lease Trust (FSL Trust) has penned a letter of intent with Cosco Shipping Heavy Industry (Yangzhou) Co for the construction of two LR2 product tankers at a total price of $97.2m.

As ballast water management regulations shift towards enforcement shipowners are finding that the majority of ballast water treatment systems (BWTS) installed do not function properly.

Hong Kong’s family-owned shipowner Wah Kwong has approached China’s Chengxi Shipyard to construct a pair of 82,000-dwt dry bulk carriers.

Singapore-based Raffles Shipping International has booked up to six 19,700-dwt chemical tankers at China’s Wuchang Shipbuilding Industry Group.

Taiwan’s Evergreen Marine has placed an order for four feeder container vessels at China’s Jiangnan Shipyard.

Singapore’s X-Press Feeders has approached China’s Zhoushan Changhong International Shipyard to build six new 2,700-teu feeder vessels.

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