Global logistics solutions provider, Pangaea Logistics Solutions, inked contract with Chinese shipbuilder Guangzhou Shipyard International (GSI) to build two post-panamax 95,000 dwt dry bulk carriers plus options for two more vessels.

Tsuneishi Shipbuilding its design workforce in the Philippines as it faces an aging workforce at home in Japan, and seeks to diversify the product range of its Cebu yard.

Six out of 10 new ships ordered by 2025 are predicted to be LNG-powered vessels due to stricter environmental standards in shipping, a South Korean study says.

Chinese heavy equipment manufacturer Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) signed the contract for two shipbuilding factory gantries with Karachi Ship Building and Engineering Construction Plant of Pakistan.

China Merchants Industry Holdings (CMIH) inked a newbuilding contract with SBM Offshore for its SBM Fast4ward FPSO MPFA project.

Chinese shipyard Hudong Zhonghua Shipbuilding inked strategy co-operation agreement with China Petroleum Engineering& Construction North China branch to enter into the land-based LNG market.

China Shipbuilding Industry Co., Ltd (CSIC) is accelerating its internal asset consolidation and is merging two subsidiaries Dalian Shipbuilding Industry (DSIC) and Bohai Shipbuilding Industry. 

China Huarong Energy Company Limited, formerly known as Rongsheng Heavy Industries, announced that the company had completed the disposal of shipbuilding and engineering businesses.

Chinese state-owned Shanghai Waigaoqiao Shipbuilding (SWS) has officially launched its offshore engineering arm, Waigaoqiao Qingdong Offshore Engineering Company, located at Qidong ship industrial park, Jiangsu. 

The state-owned China Shipbuilding Industry Corporation (CSIC) set-up a Middle East Gulf area representative office in Dubai. It is the first overseas representative office the Group has established.

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