Abu Dhabi’s AD Ports Group is moving into the ship repair and drydocking market with a joint venture yard in Khalifa Port as it continues to broaden its business scope across ports, shipping and logistics.
Electric motor manufacturer Hoyer is opening up its new regional headquarter in Ningbo, China, to create enhanced prospects for new services and solutions.
Hyundai Vietnam Shipbuilding (HVS), has recently received orders for two product carriers (PC vessels) from an African shipping company.
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.