Yangzijiang Shipbuilding has announced it has won 22 new vessel orders, bringing the yard’s total orderbook value to a record high of $10.27bn.

Chinese yards' shipbuilding volume was 23.94m dwt for the first eight months of this year, dropping 8.9% year-on-year.

Maersk announced it has ordered six more container ships capable of running on methanol from Hyundai Heavy Industries (HHI)

Anemoi and Cosco Shipping Heavy Industry (Cosco HI) have signed an agreement enabling the shipbuilding group to offer full wind propulsion technology installation services.

Cosco PetroChina Shipping has placed an order at CSSC Chongqing Chuandong Shipbuilding to build two chemical tankers.

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.

Tanker owner Odfjell is not put its eggs in one basket when it comes to future fuels and stresses the gains that can be made from efficiency upgrades to existing vessels.

With most shipowners faring well from firmer markets, recycling sales have almost petered out. Combined with serious depreciation in currencies and falling steel plate prices, the sector looks set for a grim fourth quarter.