Avance Gas has exercised an option for two additional LPG/ammonia gas carriers from Nantong CIMC Sinopacific Offshore & Engineering.

Wallenius Wilhelmsen has announced it is going to build up to twelve methanol dual fuel pure car and truck carriers (PCTC) at China’s Jinling Shipyard with the first vessels set to be delivered from the second half of 2026..

Albwardy Damen Managing Director, Lars Seistrup, is bullish on both newbuild and repair prospects in Gulf waters. The main driver, he says, is the positive business environment that is evident across the region and closely linked with firm energy...

Pressure on container ship demolition prices is set to increase with the “relentless” delivery schedule allied with a stalling charter market and weakening demand for steel in the all-important China market forcing prices down.

Hyundai Merchant Marine (HMM), South Korea's largest shipping company, has ordered four 38,000-ton heavy-lift ships from China's Huangpu Wenchong, equipped with advanced features, and reported strong financial performance for H1 2023, along with...

Greece’s decade-long lead as the largest shipowning nation, measured in gross tons (gt), has come to an end as China takes over pole position. The Mediterranean country is still ahead, however, in deadweight terms. The rankings have been released...

Newly-received shipbuilding orders at Chinese yards were 15.18m dwt in the first three months of this year, increasing 53% on-year.

Private Chinese shipbuilder, New Times Shipbuilding, plans to start construction of 27 newbuilds this year.

China Sate Shipbuilding Corporation’s (CSSC) arm, Hudong-Zhonghua Shipbuilding, had made a breakthrough in large-size LNG carrier construction market and inked orders for 37 newbuildings in 2022.

Chinese automotive manufacturer Chery is going to develop car carrier construction base in Weihai, Shandong province, to meet its growing automobile transportation demands.