U-Ming Marine has entered into a shipbuilding contract with SUMEC Marine’s New Dayang Shipbuilding for the construction of two bulk carriers.

The board of directors of cash-strapped UAE-shipyard owner Lamprell have recommended a takeover offer that values the company at just £38.8m ($46.4m).

Florida-based St. Johns Ship Building hosted a keel laying ceremony for the first Incat Crowther 30 Crew Transport Vessel (CTV) built in compliance with Jones Act regulations in the United States.

Bestway Marine & Energy Technology has inked a newbuild contract for a 1,200 tonne self-jackup wind power installation platform construction contract with a domestic Chinese owner.

China’s Wuhu Shipyard has secured six heavy lift newbuildings from an undisclosed German owner.

Dutch shipbuilder Damen has received four ship orders from German shipowners for Damen’s combi bulk fuel-efficient freighters.

Yangzijiang Shipbuilding has bagged $990m new orders for 16 vessels since the beginning of 2022.

German shipowner H. Vogemann Reederei Services is forging ahead the contract with Bestway Marine & Energy Technology for the construction of four bulk carriers.

South Korean shipbuilder Samsung Heavy Industries (SHi) has announced it has received orders totalling $3bn for 14 LNG carriers to be delivered in 2024 and 2026, the largest single order in its history.

International measures such as carbon pricing are essential for the development of technology and infrastructure for zero carbon fuels for shipping, says ClassNK President and CEO Hiroaki Sakashita.