China's largest private shipbuilder Yangzijiang Shipbuilding has formed a new joint major Japanese shipbuilders Mitsui E&S Shipbuilding (MES-SC) and Mitsui & Co based at one of the Chinese company's existing yards.
Tsuneishi Shipbuilding’s China unit Tsuneishi Group (Zhoushan) Shipbuilding has launched its first LR 1product tanker featuring larger than average tanks and a wider beam.
More signs of recovery continue to emerge from the offshore sector with Malaysian offshore supply vessel (OSV) player Nam Cheong finally emerging from debt and returning to profitability in the first half.
Tsuneishi Shipbuilding is launching a new version of its kamsarmax bulker design with higher environmental and efficiency performance.
Ulstein Verft has inked a contract with Bernhard Schulte to build a service operation vessel for its wind project arm WINDEA Offshore.
The Liberian Registry is expanding its network in China after signing a framework co-operation Memorandum of Understanding (MoU) with the China Classification Society (CCS) as the latest step in its strategy to collaborate effectively with its long-term key industry stakeholders.
Making its debut at Posidonia last week was the new International Maritime Industries (IMI) $5.2bn mega-yard at Ras Al Khair on the Gulf coast of Saudi Arabia, 70% jointly owned by Saudi Aramco (50.1%) and its most important tonnage provider Bahri (19.9%), the remainder belonging to UAE-based rig builder Lamprell (20%) and shipbuilder Hyundai Heavy Industries (HHI) (10%) of Korea.
In the latest tie-up in the Japanese shipbuilding market Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding have inked a cooperation agreement for the commercial vessels business.
Malaysian shipowner MISC has taken delivery of its fifth, and final, MOSS-type liquefied natural gas (LNG) carrier newbuilding from Hyundai Heavy Industries (HHI).