Cadeler has inked a contract to build a pair of new X-class wind turbine installation vessels at Cosco Shipping Heavy Industry.

AP Moller – Maersk has made a significant step in its aim to operate a methanol fuelled containership with contract for a 2,100 teu dual-fuel newbuilding at Hyundai Mipo Dockyard.

Taiwan-based Wan Hai Lines has confirmed an order of twelve 3,055 teu containerships at Nihon Shipyard Co., Ltd and Japan Marine United Corp for fleet expansion.

The surge in containership orders has sharply boosted demand largest size of engines according to manufacturer WinGD.

As container shipping’s bull run continues HMM is splashing out $1.57bn of twelve 13,000 teu newbuildings at Korean yards.

Hapag-Lloyd has ordered six dual-fuel 23,500 teu containerships at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), as the German line focuses on LNG as a medium-term solution.

Xiamen Port Holding Group is investing to acquire four tugboats to upgrade its fleet.

Rapidly expanding China United Lines (CULines) has signed shipbuilding contract with Yangzijiang Shipbuilding for the construction of two 2,400 teu containerships.

Green Shipping Line (GSL) is new entrant with longtime shipping roots will soon be bringing its expertise to the offshore wind arena.

Frontline is buying six VLCC newbuilding resales at Hyundai Heavy Industries (HHI) for $565.8m.