Inflationary trends in the shipbuilding sector have pushed new ship prices up by 25% since their November 2020 low, the steepest rate of increase since 2005, according to Clarkson Research.
ZIM Integrated Shipping Services has announced a new charter transaction with a group of investors initiated by MPC Capital AG, the Hamburg-based global investment manager.
Keppel Corp and Sembcorp Marine (Sembmarine) say significant progress has been made in negotiations on the proposed merger of their offshore and marine businesses but more time is needed to complete the deal.
Chinese financial service provider, CITC Financial Leasing, has placed an order at Dalian Shipbuilding Industry (DSIC) for the construction of 10 bulk carriers.