Furetank is returning to China Merchants’ Jinling Shipyard in Yangzhou for the construction of two dual-fuel tankers, brining the total to six this year alone.

Tanker owner Odfjell is not put its eggs in one basket when it comes to future fuels and stresses the gains that can be made from efficiency upgrades to existing vessels.

With most shipowners faring well from firmer markets, recycling sales have almost petered out. Combined with serious depreciation in currencies and falling steel plate prices, the sector looks set for a grim fourth quarter.

China Merchants Energy Shipping ordered up to six 175,000 c m LNG carriers from Dalian Shipbuilding Industry (DSIC).

CMA CGM Group announced it has ordered seven biogas-powered containerships to serve the French West Indies trades.

Larger offshore wind turbines are driving demand for higher capacity wind turbine installation vessels (WTIVs), but owners face a dilemma when ordering newbuilds if turbines continue to grow.

Eastern Pacific Shipping (EPS) has ordered four LNG-powered containerships for long term charter to US owner and operator Crowley.

SUMEC, New Dayang Shipbuilding and Hong Kong-based Chellaram Shipping (Chellship) have entered into contract for the construction of two 62.000 dwt bulk carriers.

A Suezmax tanker sale and reports of negotiations on big bulkers indicate that recyclers are moving on from a dull season and virtually no transactions.