China was the world’s largest shipbuilding nation in 2023 across all three measures of output, new shipbuilding contracts and orders-on-hand. It was also achieved double-digit growth across all three in 2023.
LNG giant QatarEnergy has reportedly entered into an agreement with Hudong-Zhonghua for the construction of eight Q-Max LNG carriers, as part of its shipbuilding programme.
Latest figures released by DNV from its Alternative Fuels Insight (AFI) platform, reveal an 8% increase in ships ordered or retrofitted with alternative fuel propulsion in 2023.
Lemissoler Navigation and Shanghai Merchant Ship Design and Research Institute (SDARI) received ABS approval in principle (AiP) for their design of a 65,000 dwt methanol-fueled ultramax bulk carrier.