During the first two months of this year newbuilding orders received by China dropped 17% year-on-year, bringing to an end 12-months of growth in 2021.

Shanghai Waigaoqiao Shipbuilding and Regional Container Lines (RCL) have entered into the shipbuilding contract for two 7,000 teu containerships.

Bureau Veritas (BV) has issued an AIP for a new retrofit concept combing LNG fuel conversion and vessel jumboisation for a very large containership.

Nantong CIMC Sinopacific Offshore & Engineering, subsidiary of CIMC Enric has signed contracts with Seaspan ULC of Canada for two 7,600 cu m LNG bunkering vessels plus an option for one additional vessel.

New KfW IPEX-Bank client Eureka Shipping has secured EUR29m ($32.2m) in financing for three cement carrier newbuilds.

China United Lines (CU Lines) has placed an order at CSSC Shanghai Waigaoqiao Shipbuilding (SWS) for two 7,000 teu containerships.

ASENAV, the largest private-owned shipyard in Chile, has placed an order for two MAN 12V175D-MM IMO Tier II engines.

In the first month of 2022, China State Shipbuilding Corporation (CSSC) inked 32 vessel newbuilding orders, an increase of 146.5% year on year.

PSA Marine Peru has contracted Cheoy Lee Shipyards in Hong Kong for a tug newbuilding equipped with Schottel propulsion.

INEOS has named the world’s largest ethane carrier Pacific INEOS Belstaff in Texas.