Leading engine designer Winterthur Gas & Diesel Ltd (WinGD) has launched four new short-stroke engines to meet space constraints on several vessel types.

Marintec China marks the milestone of its 40th anniversary this year in a period that saw the reform and rapid growth of the Chinese shipbuilding industry to become a leading nation in the sector.

Two Chinese shipbuilding companies, CSSC Hudong-Zhonghua Shipbuilding and CSSC Jiangnan Shipyard, have inked newbuilding contracts with Evergreen for the construction of two 23,000 teu containerships at each yard.

China State Shipbuilding Corporation officially debuted in Beijing on Tuesday, as a result of the merger between China’s two leading shipbuilding companies China Shipbuilding Industry Company (CSIC) and China State Shipbuilding Corporation (CSSC).

The current ecosystem in the container shipping market is favourable to shipyards and financiers with lines expected to grow organically, with no oversupply of tonnage, according to Jan Olaf Probst, director business development and executive vice...