Chinese private shipbuilder Yangzijiang Shipbuilding (Holdings) inked new orders for up to ten 14,000 teu dual-fuel containerships worth $1.15bn with the Tiger Group, marking an encouraging start for Yangzijiang for 2020 amid the COVID-19 outbreak.
NICO International in the UAE has entered into a new service agreement Hyundai Heavy Industries Turbomachinery (HHI – TMC).
Clean Marine and Keppel Shipyard have been able to reduce the time for installing a hybrid scrubber on Dorian LPG very large gas carrier (VLGC) to 30 days, including a concurrent special survey
Orient Overseas Container Line (OOCL) has ordered five 23,000-teu containerships at a total price of $778.4m from two Cosco shipyards in China.
CSSC Offshore & Marine Engineering entered into equity transfer agreement with CSSC Holdings and CSSC Chengxi for internal consolidation of its offshore wind turbine and ship repair business.
Japanese shipbuilding company Mitsui E&S Holdings is planning to close its Chiba shipyard and transfer part of its shipbuilding business to its shipyard in Jiangsu, China.
Malaysia’s Nam Cheong has clinched chartering contracts worth MYR116.4m ($27.7m), including options to extend, for six OSVs with foreign oil majors.