Classification society DNV and China State Shipbuilding Corporation (CSSC) are establishing the Future Ship Joint Innovation Centre in Shanghai.

Containerships and LNG carriers are attracting the lion’s share of newbuilding investment while owners of tankers and bulkers are biding their time, according to recent analysis by Clarkson Research.

Evangelos Marinakis’ Capital Ship Management is planning to order up to six LR2 tankers from the Chinese shipyard, New Times Shipbuilding.

CSSC Power and BASF have formed cooperation to expedite the progress of an onboard carbon capture system for commercial maritime applications.

CIMC Enric announced a contract for two firm plus two options for LPG/Ammonia carriers from Avance Gas to be built by its subsidiary Nantong CIMC Sinopacific Offshore & Engineering.

WinGD and Mitsubishi Shipbuilding have signed a Memorandum of Understanding (MoU) to jointly develop ammonia-fuelled vessels.

CSSC Guangzhou Shipyard International (GSI) inked two plus two LNG dual-fuel LR2 tankers contract with Eastern Pacific Shipping.

Norway’s Kongsberg Maritime has won a contract to provide the design and equipment for two salvage tugs being built for the Suez Canal Authority (SCA).

In simple illustration of just how much ultra-large new containership tonnage is hitting the water is the number of press releases for namings and deliveries are landing in the Seatrade Maritime News inbox.

CSSC Huangpu-Wenchong Shipbuilding has announced an order six plus two 1,250 teu methanol-fuelled open top containerships order from Singapore owner X-Press Feeders.