Guangzhou Shipyard International (GSI) has started sea trials of the Stena Pro Patria, the first methanol powered dual-fuel tanker constructed in China.
Gram Car Carriers is to order four 7,000 CEU dual-fuel pure car carriers from China Merchants Jinling Shipyard with the options of another two plus two vessels.
Inflationary trends in the shipbuilding sector have pushed new ship prices up by 25% since their November 2020 low, the steepest rate of increase since 2005, according to Clarkson Research.
ZIM Integrated Shipping Services has announced a new charter transaction with a group of investors initiated by MPC Capital AG, the Hamburg-based global investment manager.
Chinese financial service provider, CITC Financial Leasing, has placed an order at Dalian Shipbuilding Industry (DSIC) for the construction of 10 bulk carriers.
Container line Ocean Network Express (ONE) has mapped out a $20bn investment plan over the next decade, the majority for new vessels to help meet decarbonisation targets.