End buyers are holding off finalising deals as steel plate prices fall and recycling currencies slip sharply against the dollar, according to the latest update from GMS, the world’s largest cash buyer of end-of-life ships.
Regional Container Lines (RCL) has inked a contract with Shanghai Waigaoqiao Shipbuilding for the construction of two more 7,000 teu containerships.
The Liberian Registry has seen an increase in its fleet and a decreasing average age of vessels.
Globus Maritime Limited has signed two contracts for the construction and purchase of two fuel efficient bulk carriers with Nantong COSCO KHI Ship Engineering.
The mantra “30 by 30” —30 gW of electricity generated from offshore wind by 2030—continues to provide tangible benefits in the form of new orders for shipyards.
Cadeler has signed a $345m contract with Cosco Shipping Heavy Industries for a construction of a jack-up foundation installation vessel.
UAE-based shipyard Lamprell expects to win major upgrade work for three jack-up rigs.
NYK has inked a fourth long-term charter for an LNG carrier with France’s EDF Group.
