The private Chinese shipbuilder Yangzijiang Shipbuilding’s gross profit jumped 48% year-on-year to RMB2.1 billion ($292.7 million) for the first half of this year.
The relaunched ONEX Elefsis Shipyards of Greece being selected by the South Korean government as a new maritime innovation and development center with the emphasis on upgrading and transforming standard vessels into ‘eco-friendly’.
Singapore-based Cyan Renewables has signed a Letter of Intent (LoI) for a wind turbine installation vessel construction with China Merchants Heavy Industry (CMHI).
Following the successful reboot of the bankrupt STX Dalian shipbuilding business, Hengli Heavy Industry is restarting its marine engine production and signs licensing agreement with MAN Energy Solutions.
The IMO revised greenhouse gas emissions strategy, Chinese shipbuilding dominance, fuelling up on methanol, Panama canal transit restrictions, and much more in the latest episode of Maritime in Minutes.