China State Shipbuilding Corporation (CSSC) has inked strategic cooperation framework agreement with private company Zhejiang Rongsheng Group to jointly build and operate a fleet of VLCCs.
Shipping market forecasters can take solace in the fact the US election pollsters and pundits also have a dismal record as was drawn out in the latest Presidential election.
Yangzijiang Shipbuilding has inked an order for up to ten 3,500 teu containership newbuildings with a Japanese shipowner.
Damen Shipyards has signed a contract with the Dutch ferry joint venture Aqualiner-Swets for a total of nine environmentally friendly- passenger vessels.