Shipyards

CSSC Hudong-Zhonghua Shipbuilding announced that the shipyard has secured a contract for the construction project of China’s first membrane-type land LNG storage tank.

Danish shipowner Norden has added two more bulkers to an order at Nantong Cosco Khi Ship Engineering Co (NACKS), as well as acquiring another secondhand.

Jining Energy Development Group has signed a letter of intent with CSSC China Shipbuilding Trading (Shanghai) for the construction of LNG-powered containerships and bulk carriers with capacity in the range of 1,000-2,000 dwt.

Japanese shipbuilding group Japan Marine United (JMU) has closed its Ariake yard this week following a Covid-19 outbreak.

CSSC Jiangnan Shipyard has signed a contract with AW Shipping, a joint venture between Wanhua Chemical Group and ADNOC Logistics & Services, for the construction of three 86,000 cu m very large gas carriers (VLGCs).

Shell (Tankers) has confirmed the long-term charter of six LNG carrier newbuilds being built at yards in Korea.

Scorpio Bulkers is set to move into the offshore wind market with it signing a Letter of Intent (LoI) for the construction of a wind turbine installation vessel, plus options, at Daewoo Shipbuilding and Marine Engineering (DSME).

Shipping’s capital providers should take a close look at the residual values of financed assets, warned Dr Anil Sharma, founder and ceo of GMS, the world’s largest cash buyer of end-of-life ships, during a webinar on ship recycling regulations...

Lloyd’s Register (LR) has appointed Mike Holliday as Marine & Offshore (M&O) president for South Asia, the Middle East and Africa (SAMEA).

Just over 20% of Keppel Offshore & Marine’s workforce are currently working due to lockdowns at foreign worker dormitories in Singapore hit by the Covid-19 outbreak.