Jining Energy Development Group has signed a letter of intent with CSSC China Shipbuilding Trading (Shanghai) for the construction of LNG-powered containerships and bulk carriers with capacity in the range of 1,000-2,000 dwt.
CSSC Jiangnan Shipyard has signed a contract with AW Shipping, a joint venture between Wanhua Chemical Group and ADNOC Logistics & Services, for the construction of three 86,000 cu m very large gas carriers (VLGCs).
Silverstream Technologies has won orders for its air lubrication system to be installed on eight LNG carrier newbuildings being built at Korean yards for charters to Shell.
China’s New Dayang Shipbuilding has received orders for four bulk carriers from compatriots Zhejiang Shipping Group and Fujian Shishi Dingsheng Shipping.
Damen Shipyards Group has successfully concluded keel laying for the Crane Barge 7532 that is going to be delivered in Panama, following award of tender in August last year.
Global Energy Ventures (GEV) has announced the extension of the Letter of Intent (LOI) with Yantai CIMC Raffles Offshore for the construction of four plus four compressed natural gas (CNG) ships.
Over the last 12 months China’s shipbuilding industry has seen the merger of CSSC and CSIC and the impact of Covid-19, and a Marintec China webinar explored its current state and what lies ahead.