Towage operator Kotug Canada has selected Türkiye’s Sanmar Shipyards to build two RAsalvor 4400-DFM dual fuel methanol escort tugs.
Dutch short sea shipping company Vertom Group has launched the third dry bulk vessel being built by compatriot Thecla Bodewes Shipyards, MV Vertom Tomma.
South Korean shipbuilding heavyweight HD Korea Shipbuilding & Offshore Engineering Co. has signed orders worth billions of dollars for eight newbuild vessels and one floating production unit (FPU).
Japan’s Kawasaki Heavy Industries (KHI) has delivered an 86,700 cbm liquefied petroleum gas (LPG) and ammonia (NH3) carrier powered by LPG to compatriot transportation company K Line.
Cool Company Limited (CoolCo), an owner, operator and manager of LNG carriers, has exercised its option to acquire two newbuild 2-stroke LNG carriers from affiliates of Eastern Pacific Shipping (EPS). The LNG carriers, named Kool Tiger and Kool Panther, are being built by Hyundai Samho Heavy Industr
Yangzi Xinfu Shipyard, a subsidiary of Jiangsu Yangzijiang Shipbuilding Group, has hosted a delivery ceremony for the fourth 24,000 TEU containership built for Swiss shipping major MSC Group and China Development Bank Financial Leasing Co., Ltd.
The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE
Tokyo-based shipping company Mitsui O.S.K. Lines (MOL) has won approval in principle (AiP) from classification societies Det Norsk Veritas AS (DNV) and the American Bureau of Shipping (ABS) for a liquefied CO2 (LCO2) carrier. Additionally, ABS has granted an AiP for a floating storage and offloading
Japanese shipping company Mitsui O.S.K. Lines (MOL) has entered into a lease agreement for three new LNG carriers with Bank of Communications Financial Leasing Co (BOCOM Leasing). The three 17,400 cbm LNG carriers are under construction at Hudong-Zhonghua Shipbuilding (Group). The lease has been car
Japanese heavyweights Mitsubishi Shipbuilding Co., Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line) have secured an Approval in Principle (AiP) for their jointly developed ammonia and liquefied CO2 (LCO2) carrier from ClassNK. The vessel is designed to carry both ammonia and LCO2 safely and economi
Chinese shipyard Hudong-Zhonghua Shipbuilding has delivered the 15,500 TEU Maersk Charleston to Hong Kong-based shipowner Seaspan Corporation. The containership is the first vessel of the company’s SAVER 15,500 TEU series which comprises six units. The DNV-classed Maersk Charleston will be chartered
UAE-based port operator AD Ports Group and Premier Marine Engineering Services LLC (Premier Marine), a compatriot shipyard company specialising in shipbuilding and repair services to the marine and offshore industries, have formed a new joint venture, SAFEEN Drydocks. The joint venture is structured
Shanghai Waigaoqiao Shipbuilding Co. Ltd., in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), held a naming and delivery ceremony on Sunday for the second 7,000 TEU medium-sized container ship, X-Press Capella, commissioned by Singapore-based shipowner X-Press Feeders. The containers
London-based energy player INEOS Energy Trading has signed agreements with Japanese shipping major Mitsui O.S.K. Lines (MOL) for two newbuild LNG carriers, to be used for the import of LNG into Germany from the United States. These agreements follow INEOS Energy Trading’s long-term Sales and Purchas
