This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Israeli-linked vessels have found themselves in the crosshairs of Houthi rebels and increased security threats while sailing in the Red and Arabian Seas.
China Merchants Energy Shipping (CMES) has ordered a MAN B&W 7G80ME-LGIM engine for a VLCC that is to be built by Dalian Shipbuilding Industry Co for delivery in April 2026.
Fortitude Shipping, a subsidiary Petredec, has placed an order of up to four ethane/ethylene-capable handysize vessels at Nantong CIMC Sinopacific Offshore & Engineering.
UK-based Purus Marine has placed an order for two very large ethane carriers (VLECs) at a price of $170 million each from HD Hyundai Heavy Industries in South Korea.
Greece’s Naftomar Shipping has placed an order with South Korea’s Hanwha Ocean, for 4 of the largest ammonia carriers yet to be built, worth $496 million.