GTT announces that it has received, in the first quarter of 2025, an order from its partner the Chinese shipyardHudong-Zhonghua (Group) Co. Ltd. for the tank design of six new very large Liquefied Natural Gas (LNG) carriers. These six LNG c

Chinas three major shipbuilding indicators all showed positive trends in 2024, data from Chinas Ministry of Industry and Information Technology (MIIT) revealed on Thursday, marking the 15th consecutive year China has led these indicators gl

On January 15, 2025, COSCO Shipping Specialized Carriers welcomed the GREEN RIZHAO, the 14th vessel in its 77,000 DWT multipurpose series, into its fleet during a naming ceremony in Dalian. This vessel series boasts the worlds largest profe

Norsepower, the leading provider of wind propulsion systems, and Norwegian shipowner Berge Rederi have signed a deal to equip two cutting-edge general cargo carriers with Norsepower Rotor Sails. These newbuild vessels, designed by Marine De

source:Shanghai Waigaoqiao Shipbuilding Co., Ltd. China on Wednesday completed the construction of the main structure for its second homegrown large cruise ship in Shanghai. The construction of the structure for the ship, Adora Flora City,

Orient Overseas Container Line Ltd. (OOCL) celebrated the naming of its third brand new 16,828 TEU container vessel OOCL Sunflower at Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) on 11 Jan 2025. OOCL Sunflower was named and blessed b

On January 8, XT Shipping ordered 2+2 25,900 DWT methanol dual-fuel stainless steel chemical tankers from Wuchang Shipbuilding Industry Co., Ltd . Each vessel costs RMB 315 million, with a total potential value of RMB 1.26 billion. The firs

On January 3rd, Sumec Marine successfully named and delivered two Crown 63 PLUS bulk carriers for China Development Bank Leasing. Ma Hong, chairman of China Development Bank Leasing, thanked SumecMarine and its subsidiary NEW DAYANG Shipyar

On December 30th, 2024, the construction of the worlds largest 10,000-ton pure electric cargo ship officially began in Hubei Province, China. This innovative vessel is designed to revolutionize cargo transportation with zero-emission capabi

On December 28th, 2024, Hebei Honour Ocean Shipping Co., Ltd. (operating under the brand Ocean Link Shipping) signed a landmark contract with CSSC Chengxi Shipyard Co., Ltd., a subsidiary of China State Shipbuilding Corporation (CSSC), and

On December 27, 2024, Hengli Heavy Industry celebrated a major milestone with the successful float-out of its first independently designed 306,000 DWT Very Large Crude Carrier (VLCC), along with three 15,000 TEU container ships at Dock No.

Nantong CIMC Sinopacific Offshore Engineering Co., Ltd . (CIMC SOE) has successfully signed an order with Equatorial Marine Fuel Management Services Pte. Ltd. (EMF) for the construction of a 20,000m LNG bunkering and transportation vessel.

Yang Ming Marine Transport Corporation (Yang Ming) held its 400th Board Meeting and approved a new fleet optimization plan. This plan includes the addition of up to thirteen 8,000 TEU to 15,000 TEU container vessels with subsequent procedur

2024 has been a dynamic year for the global shipping industry. While conventional Capesize vessels have had a steady presence, Newcastlemax ships have emerged as the driving force behind the growth in the Capesize segment. With the global f

In an unprecedented move, COSCO Shipping Bulk announced orders for 18 new dry bulk vessels across two consecutive days, solidifying its position as a leader in fleet innovation and sustainability. December 19, 2024: 10 Kamsarmax Bulk Carrie