Yangzijiang Shipbuilding reported total revenues of CNY4.47bn ($698m) for 3Q 2021, an increase of 25% year on year.

Chinese Maritime Transport Ltd has entered into shipbuilding contract with Qingdao Beihai Shipbuilding for the construction of two 210,000dwt bulk carriers.

CIMC Raffles has secured four LNG-powered 7,000 ceu PCTCs construction contract from Zodiac Maritime.

The three major shipbuilding indexes of China maintained strong growth during the first three quarters of this year.

CSSC Waigaoqiao Shipbuilding has signed the official contract for ten 7,000 teu containerships from Seaspan Corp.

Italian shipbuilder Fincantieri has announced a $150m investment for a shipyard in Yucatan, Mexico, as part of the expansion and modernisation of the port of Progreso.

Tianjin Xingang Ship Heavy Industry is shutting down for the second time in its history due to heavy debt.

Dalian Shipbuilding Industry (DSIC) has won a contract to build two 7,500 cu m LNG powered CO2 carriers for Northern Lights, an Equinor, Shell and TotalEnergies joint venture.

Recycling yards in Chattogram, Bangladesh are now focusing on tanker tonnage as they still lead competitors across the subcontinent on volumes and price.

Qatar Petroleum has ordered four LNG carrier newbuildings at China’s CSSC Hudong-Zhonghua Shipbuilding as part of its massive newbuilding programme.