International Maritime Industries (IMI), the ground-breaking shipbuilding and repair yard on Saudi Arabia’s east coast, will be fully operational within a year, its top official told Seatrade Maritime News on Day One of the Saudi Maritime Congress...

Furetank is returning to China Merchants’ Jinling Shipyard in Yangzhou for the construction of two dual-fuel tankers, brining the total to six this year alone.

China Merchants Energy Shipping ordered up to six 175,000 c m LNG carriers from Dalian Shipbuilding Industry (DSIC).

Eastern Pacific Shipping (EPS) has ordered four LNG-powered containerships for long term charter to US owner and operator Crowley.

SUMEC, New Dayang Shipbuilding and Hong Kong-based Chellaram Shipping (Chellship) have entered into contract for the construction of two 62.000 dwt bulk carriers.

Global ship finance grew in 2021, the first time since 2010, as demand surged across all shipping sectors apart from tankers.

SAL Heavy Lift has inked newbuilding contracts for four firm plus two optional new generation heavy lift ships with Wuhu Shipyard, China.

The Finnish shipping company Langh Ship has placed an order for three 1,200 teu containerships at PaxOcean’s shipyard in Zhoushan, China.

The Chinese financial leasing company CITIC Financial Leasing has placed an order from Dalian Shipbuilding Industry (DSIC) for the construction of five 65,000 dwt bulk carriers newbuildings.

Dalian Cosco KHI Ship Engineering has announced a contract build two dual-fuel VLCCs for Mitsui O.S.K Lines (MOL).