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

On December 19, COSCO Shipping proudly partnered with Everbright Financial Leasing Co., Ltd. and Jiangsu Hantong Shipbuilding Co., Ltd. in Nantong to sign agreements for the construction and long-term leasing of 10 new 82,000-ton bulk carri

On December 17, Bank of China Financial Leasing Co. Ltd, based in Chongqing, successfully delivered a 99,000 cubic meter Variable Liquefied Ethane Carrier (VLEC) valued at over $100 million. This achievement, along with the delivery of a si

Wrtsil Gas Solutions , part of technology group Wrtsil, continues to strengthen its market-leading position in small-scale LNG applications with its latest contract. A new 12,500 cbm LNG bunkering vessel is being built at the Nantong CIMC S

The tides are turning for the once-bankrupt shipyard in Rizhao, Shandong Province, as a new chapter unfolds under the auspices of Shandong Port Group. Recent announcements reveal that Shandong Ports subsidiary, Shandong Port Equipment Group

Hengli Heavy Industry has once again demonstrated its industry leadership by securing a significant order for 10 ultra-large LNG dual-fuel container ships, each with a capacity of 24,000 TEU. This deal, signed on December 5th, with one of E