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

After nearly a decade of dormancy, Chinas largest private shipbuilding enterpriseRongsheng Heavy Industryis ready to re-enter the global shipbuilding arena under a new identity: Jiangsu New Rongsheng Heavy Industry Co., Ltd. According to ex

Fuzhou Wuyang Refined Oil Trading Co., Ltd.(Wuyang Tanker) has officially signed a 1+1 construction agreement with Nantong CIMC Sinopacific Offshore Engineering Co., Ltd. for the nations first privately-built dual-purpose LNG transportation

On December 9, ZHOUSHAN CHANGHONG INTERNATIONAL SHIPYARD successfully delivered the 10th and final 5,300 TEU container vessel, ZIM ALBATROSS (CHB2015), to NAVIOS MARITIME PARTNERS L.P. This project marks the conclusion of the first collabor

source: OOCL OrientOverseas Container Line Ltd. (OOCL) is pleased to unveil another brand new 16,828 TEU container vessel, named the OOCL Iris today. This vessel is the second of ten new 16,000 TEU container ships ordered by OOCL and is the

source: OOCL Orient Overseas Container Line Ltd. (OOCL) is pleased to announce the naming of its first brand new 16,828 TEU container vessel, the OOCL Bauhinia, at a ceremony held today at the Dalian COSCO KHI Ship Engineering Co., Ltd. (DA

On November 29, 2024, Dalian Shipbuilding Industry Co., Ltd., a subsidiary of China State Shipbuilding Corporation (CSSC), successfully delivered the NORTHERN PIONEER, the worlds first commercial 7,500-cubic-meter liquid CO2 carrier. Built

With the ordering of 20 owned vessels for its fleet, Maersk executes on the fleet renewal plan announced in August this year. A.P. Moller - Maersk (Maersk) has signed agreements with three yards for a total of 20 container vessels equipped

Pacific Basin is taking a significant step towards transforming its fleet with the announcement of 4 new low-emission vessels (LEVs) powered by green methanol. But this is just the beginning. As part of a long-term strategy to modernize its

A.P. Moller - Maersk (Maersk) celebrated the arrival of its newest dual-fuel methanol container vessel in Singapore today, as part of her maiden voyage from Asia to Europe. The vessel, named A.P. Mller in honor of Arnold Peter Mller, the fo