The China Navigation Company (CNCo) has launched a new specialist project division to provide shipping services to energy, resource and infrastructure sector.

Dalian Shipbuilding Industry Company (DSIC) and classification society DNV GL have signed a joint vessel development project agreement via online conference.

The multipurpose vessel (MPVs) and heavylift vessel segments are expected to experience a weak demand in the second half of this year on the back of reduced Chinese exports and the impact of the spread of the coronavirus, according to analyst Drewry.

Heavy lift operator AAL Shipping has launched a new Europe-Middle East/India-Asia Monthly Liner Service to serve the market’s multipurpose vessels (MPPs) and project heavy lift cargo transport requirements.

Heavylift specialist AAL will expand its multipurpose fleet with the addition of four modern vessels to bring the company’s total operating tonnage to just shy of 740,000 dwt.

The world’s largest crane vessel, Sleipnir, has set a world record for lifting a 15,300-tonne module during the installation of topsides at Noble Energy’s Leviathan field development in the Mediterranean last week.

NYK has ordered two new heavy lift vessels from Nanjing Jingling Shipyard as it seeks to leverage on business such as wind turbine blade cargoes.