Denmark’s Green Instruments, a specialist in measuring equipment for ships, has entered an agreement with China’s Hudong-Zhonghua Shipbuilding on equipment that will minimise the risk of shipboard fires.

Greek-Chinese cooperation in shipping infrastructure is continuing to gather pace, with more Greek-owned ships being built in China and Chinese-backed Piraeus port growing into a top Med container port.

According to statistics released by General Administration of Customs, China exported 423 vessels in October 2023, an increase of 72% year-on-year.

RINA has granted the certificate of AiP for design of the carbon capture and storage (CCS) system for marine use developed by Cosco Shipping Heavy Industry Technology (Weihai).

China Merchants Energy Shipping (CMES) has ordered a MAN B&W 7G80ME-LGIM engine for a VLCC that is to be built by Dalian Shipbuilding Industry Co for delivery in April 2026.

Fortitude Shipping, a subsidiary Petredec, has placed an order of up to four ethane/ethylene-capable handysize vessels at Nantong CIMC Sinopacific Offshore & Engineering.

Latest figures from DNV indicate that there are now 230 ships in service or on order that will operate on methanol as fuel, but the tank space required is considerably higher than conventional fuels.

UK-based Purus Marine has placed an order for two very large ethane carriers (VLECs) at a price of $170 million each from HD Hyundai Heavy Industries in South Korea.

Stolt Tankers has inked an agreement with China’s Wuhu Shipyard to build six 38,000dwt stainless steel parcel tankers.

Newbuilding demand at Chinese shipbuilders has continued apace this year with the volume of newbuilding orders up 76.7% in the first nine months of 2023.