Owners of EU-flagged ships will now be able to dispose of vessels for recycling at demolition yards on the Indian subcontinent provided that they meet European Union Ship Recycling Regulation (EU SRR) criteria.

Damen Dredging Equipment (DDE) has delivered three cutter suction dredgers (CSD) to Mexico SEMAR.

Greece’s Naftomar Shipping has placed an order with South Korea’s Hanwha Ocean, for 4 of the largest ammonia carriers yet to be built, worth $496 million.

China Merchants Energy Shipping is ordering eight vessels from China Merchants Industry at a total cost of $508 million to expand its bulk, car carrier, and multi-purpose fleets.

The development of dual-fuel engines for ammonia and methanol is accelerating and will be the norm for ships combined with energy saving devices and technology.

Private Chinese shipbuilder Yangzijiang Shipbuilding announced the sale of a self-elevating mobile offshore jack-up drilling rig from a previously terminated contract.

CSSC Beihai Shipbuilding inked three plus four ammonia ready bulk carriers with Eastern Pacific Shipping (EPS).

Singapore-listed Chinese shipbuilder Yangzijiang Shipbuilding has secured $770 million of newbuilding orders during the third quarter of 2023.

Shipping investor Hayfin has placed an order for up to four ‘enhanced methanol ready’ Suezmax tankers at South Korean shipbuilder Hyundai Heavy Industries (HHI).

International Association of Classification Societies (IACS) has welcomed Istanbul-headquartered Türk Loydu into its membership.