China’s CSSC Jiangnan Shipyard announced that the company has signed a letter of intent with Japan’s Kumiai Senpaku for the construction of one 40,000 cu m LPG vessel.

CSSC Hudong-Zhonghua Shipbuilding announced that the shipyard has secured a contract for the construction project of China’s first membrane-type land LNG storage tank.

Jining Energy Development Group has signed a letter of intent with CSSC China Shipbuilding Trading (Shanghai) for the construction of LNG-powered containerships and bulk carriers with capacity in the range of 1,000-2,000 dwt.

Japanese shipbuilding group Japan Marine United (JMU) has closed its Ariake yard this week following a Covid-19 outbreak.

Shipping’s capital providers should take a close look at the residual values of financed assets, warned Dr Anil Sharma, founder and ceo of GMS, the world’s largest cash buyer of end-of-life ships, during a webinar on ship recycling regulations...

Lloyd’s Register (LR) has appointed Mike Holliday as Marine & Offshore (M&O) president for South Asia, the Middle East and Africa (SAMEA).

Just over 20% of Keppel Offshore & Marine’s workforce are currently working due to lockdowns at foreign worker dormitories in Singapore hit by the Covid-19 outbreak.

With the apparent backing of the US Navy’s 6th Fleet, Greece’s shipyard sector received several boosts this month when US-backed Onex Group signed an agreement “in principle” to take over the management of debt-laden Elefsis Shipyard, Greece’s...

Damen Schelde Naval Shipbuilding’s (DSNS) and the project partners have unveiled the recently assembled full scale composite ship’s hull section they have been developing these past three years, with the Realisation and Demonstration of Advanced...

MAN Energy Solutions (ES) is to lay off nearly 4,000 staff as the company aims to cut EUR450m in costs and ride out the impact of the Covid-19 pandemic.