Newbuilding

China’s Yangzijiang has won four new orders worth $102m for two LNG-tank carriers and two 56,000-dwt bulk carriers, bringing the shipbuilder’s total new orders so far in 2020 to $517m.

Amid the continued depressed international shipping market, the drop in demand for newbuildings has resulted in the decline of the three major shipbuilding indexes of China declined for the first five months of the year.

Zhoushan Ningshing Shipbuilding has opened for business and will be a unit of Ningbo Ningshing Holdings focusing on shipbuilding and repair business.

Dr Martin Stopford was able to elaborate on his recent whitepaper ‘Three Maritime Scenarios 2020 – 2050: Coronavirus, Climate Change & Smart Shipping’ as keynote speaker in the first of a series of Innovation Webinars organised by Marintec China...

Singapore rigbuilder Keppel FELS has rejected allegations by Awilco Drilling that it breached terms under the construction contract for the semi-submersible newbuild Nordic Winter which the drilling company has terminated.

Container shipping is set to see net negative fleet growth over the next three years, according to James Frew from Maritime Strategies International (MSI).

Qatar Petroleum has inked agreements worth over QAR70bn ($19.23bn) with Korea’s “big three” shipyards for its massive LNG newbuilding programme.

China’s Yangzijiang Shipbuilding has secured new shipbuilding contracts for four 1,000-teu container feeders worth a total of RMB392m ($54.8m).

China Merchants Energy Shipping and China Merchants Industry Holdings have signed an official contract for the construction of four 62,000 dwt multi-purpose vessels.

China State Shipbuilding Corporation (CSSC) released the world's biggest dual-fuel, low-speed engine WinGD X92DF for modern and large vessels.