There are how 805 LNG-fuelled ships in operation or on order, and 229 more ‘LNG-ready’ ships, according to the latest Alternative Fuels Insight from classification society, DNV.
Two plants designed to spur the development of shipbuilding through domestic Saudi steel production, with a combined value of $4.6bn, are to be set up at the King Salman Global Maritime Industries Complex.
Ocean Network Express (ONE) has contracted its first containership newbuildings from Hyundai Heavy Industries (HHI) and Nihon Shipyard Ltd.