Singapore-based tanker owner and operator Hafnia has leaped onto the methanol bandwagon with the recent order for four 49,800 deadweight dual-fuel methanol chemical IMOII Medium-Range (MR) tankers. The deal was signed with China’s Guangzhou Shipyard International (GSI) together with Hafnia’s joint-v
Hong Kong-based container shipping company Orient Overseas Container Line Ltd. (OOCL) has welcomed one more 24,188 TEU mega vessel. The new container vessel was named “OOCL Felixstowe” today at the Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. “We ordered this series of ultra large
Bermuda-based shipping company Himalaya Shipping, a rising star in the dry bulk industry, is well on its way on its transition path into a fully operational company, thanks to timely investments in the ‘right ships’. One of the key highlights of the first half of 2023 for the company was the deliver
Russian shipyard Zvezda Shipbuilding Complex has launched a new ice-class ARC7 LNG carrier for the Arctic LNG 2 project. According to Zvezda, the vessel was named Sergei Witte and has a capacity of 172,600 m3. It is the third unit in a series of fifteen LNG carriers ordered by Sovcomflot and being b
Greek containership owner Danaos Corporation has ordered the construction of two methanol-ready 8,258 TEU containerships set for delivery in 2026. The company said the order was placed in June but did not disclose the name of the shipyard that secured the deal. The latest order brings Danaos’ newbui
Indian Register of Shipping (IRS) and Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL), a private limited state government company incorporated in India, have signed an MOU for classification and certification of solar-electric boats. The Mou is expected to provide the requisite fillip in the promotion
Shanghai Waigaoqiao Shipbuilding (SWS), a part of China State Shipbuilding Corporation (CSSC), has delivered the third and fourth eco-friendly 7,000 TEU containership to Singapore-based shipowner X-Press Feeders.
In the midst of a thriving shipbuilding upcycle fueled by the global decarbonization drive, Singapore-listed shipbuilder Yangzijiang Shipbuilding has secured a staggering $5.76 billion worth of orders for 72 vessels in the first half of 2023. The strong demand for clean energy vessels has been a sig
Italian shipbuilder Fincantieri has delivered the second of six new Prima-class cruise ships to Norwegian Cruise Line (NCL).
German shipping major Hapag-Lloyd has taken delivery of the second 23,600 TEU containership powered by liquefied natural gas (LNG) from Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering Co. (DSME).
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has clinched an order to construct two liquified natural gas (LNG) carriers.
German shipowner Vega-Reederei has placed an order for ten diesel-electric coasters at Chinese Sinomach Group, a state-owned manufacturing group.
Japanese shipping company Mitsui O.S.K. Lines (MOL) is advancing its Wind Hunter project with the initiative to develop a pure water production system for hydrogen generation. MOL’s Wind Hunter project aims to harness offshore wind energy to produce hydrogen from water onboard and convert it into pr
The global shipbuilding industry is experiencing an impressive surge in demand for new tonnage, with a flurry of newbuilding orders and options being placed over the past week by prominent shipping companies worldwide. Data from shipbrokers shows a remarkable total of 31 firm newbuilding orders, acc
