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Highlights

JP Morgan order of two methanol tankers.jpg

JP Morgan orders two methanol powered tankers backed by TotalEnergies

Sep 01, 2023

The US financial institution JP Morgan has placed an order for two advanced dual-fuel methanol carriers with China’s Guangzhou...

AET Eagle Vellore Naming Ceremony 28 August 2023.jpg

AET takes delivery of LNG dual-fuel VLCC for Shell

Aug 28, 2023

AET has taken delivery of the first of three LNG dual-fuel VLCCs for long-term charter to Shell.

Avance Gas takes up option for gas carrier pair at CIMC Sinopacific

Aug 28, 2023

Avance Gas has exercised an option for two additional LPG/ammonia gas carriers from Nantong CIMC Sinopacific...

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Wallenius Wilhelmsen ordering up to 12 PCTCs from Jinling Shipyard

Aug 16, 2023

Wallenius Wilhelmsen has announced it is going to build up to twelve methanol dual fuel pure car and truck carriers (PCTC) at China’s Jinling Shipyard with the first vessels set to be delivered from the second half of 2026..

Albwardy Damen boss upbeat over buoyant Mid East market

Aug 15, 2023

Albwardy Damen Managing Director, Lars Seistrup, is bullish on both newbuild and repair prospects in Gulf waters. The main driver, he says, is the positive business environment that is evident across the region and closely linked with firm energy...

Container ship scrapping set to ramp up next year

Aug 14, 2023

Pressure on container ship demolition prices is set to increase with the “relentless” delivery schedule allied with a stalling charter market and weakening demand for steel in the all-important China market forcing prices down.

HMM orders four heavylift newbuilds

Aug 14, 2023

Hyundai Merchant Marine (HMM), South Korea's largest shipping company, has ordered four 38,000-ton heavy-lift ships from China's Huangpu Wenchong, equipped with advanced features, and reported strong financial performance for H1 2023, along with...

China takes lead over Greece in fleet gross tonnage

Aug 14, 2023

Greece’s decade-long lead as the largest shipowning nation, measured in gross tons (gt), has come to an end as China takes over...

China shipbuilding orders up 53% in the first quarter

Apr 26, 2023

Newly-received shipbuilding orders at Chinese yards were 15.18m dwt in the first three months of this year, increasing 53% on...

New Times Shipbuilding to build 27 vessels in 2023

Feb 07, 2023

Private Chinese shipbuilder, New Times Shipbuilding, plans to start construction of 27 newbuilds this year.

Hudong-Zhonghua secured 37 large size LNG carrier orders in 2022

Feb 06, 2023

China Sate Shipbuilding Corporation’s (CSSC) arm, Hudong-Zhonghua Shipbuilding, had made a breakthrough in large-size LNG carrier construction market and inked orders for 37 newbuildings in 2022.

Chery in shipyard venture to build its own car carriers

Feb 03, 2023

Chinese automotive manufacturer Chery is going to develop car carrier construction base in Weihai, Shandong province, to meet its growing automobile transportation demands.

STX Dalian shipyard rebooted as Hengli Heavy Industry

Feb 02, 2023

Hengli Heavy Industry has relaunched operations at the bankrupt former STX Dalian yard.

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