On April 12, COSCO SHIPPING (Qidong) held the launching ceremony for N999 FPSO built for BP. The N999 FPSO project is the first floating production, storage and offloading tanker built by the Chinese shipyard for an African project of a lea

On April 7th, Shanghai Waigaoqiao Shipbuilding, a subsidiary of CSSC, built for ICBC Leasing, and chartered by CITIC Metal, the 210,000 dwt Newcastle bulk carrier TRUST SHANGHAI was successfully christened and delivered. TRUST SHANGHAI is i

On April 7, IMO Ⅱ MR chemical tanker No. 4, built for Singapore IMC and CSSC Leasing and, was christened and delivered by Guangzhou Shipyard International. The ship is the fourth of eight MR chemical tankers under a contract with IMC and

On March 31, the fifth 210,000dwtseries bulk carrier HUI GUO HAI (N950) contracted byCOSCO SHIPPING Heavy Industry(Yangzhou) was successfullychristened in Yangzhou. The 210,000dwtNewcastle bulk carrier has a total length of 299.95m, awidth

Chinese shipyard Yangzijiang Shipbuilding Group Ltd has built a VLOC for Kukje Maritime Investment Corporation (Kmarin) of the Republic of Korea, the Chinese shipbuilder said. The ore carrier measuring 340 meters in length and boasting a ca

JiangnanShipyard, a subsidiary of China State Shipbuilding Corporation, held a christening ceremony forGAS VENUS, the worlds first new 86,000cubic meter LPG dual-fuel VLGCbuiltfor SouthwestMaritime on March 28. The completion of the ship ma

MSC has approached three Chinese shipyards to order up to 27 15,500 TEU container ships at a cost of about $120 million per vessel, with a total value of more than $3.2 billion. According to the report, MSC has signed letters of intent with

On March 18, the third ship CMA CMG MONTMARTRE built by CSSC Jiangnan Shipyard and China Shipbuilding Trading for the French CMA CMG was officially christened and delivered. CMA CMG MONTMARTRE is the sixth of the nine vessels signed between

On March 15, Shanghai Waigaoqiao Shipbuildingsigned a contract for the construction of two 190,000dwt dual-fuel bulk carriers with Singapores Anglo American. The two vessels are dual-fuel bulk carriers poweredby liquefied natural gas (LNG)

The day of March 17 saw the second 85,000DWT bulk carrier delivered by Chengxi Shipyard for Foremost Group, one of the top international shipping companies. As the newly-upgraded vessel type of 82K bulk carrier, the 85K bulk carrier has a b

WanHaiLines approved the purchase of 9 13,000 TEU container ships with a total value of up to $1.035 billion. The new ships are expected to be delivered in 2023. It has not yet been confirmed which shipyard willbuild the new ship. This batc

On March 10, Shanghai Waigaoqiao Shipbuilding, a subsidiary of China State Shipbuilding Corporation, signed and delivered the first ship FRONT FUSION of the 109,000 dwt tanker series built for Norways Frontline. FRONT FUSION is independentl

On March 8, Singaporean shipowner Petredec Holdings (Eastern) announced an additional order for three 93,000 m3 dual-fuel VLGCs. The new ships are expected to be delivered in June, August and September 2023. Petredec has ordered 3+3 93000 m

On the afternoon of March 5th, China Merchants Jinling Shipyard (Nanjing) and Shanghai Changjiang Shipping Co., Ltd. held a signing ceremony for the construction of four 59,000 dwt bulk carriers. This time they are cooperating to build 4 59

In 2020, Yangzijiang Shipbuilding received orders of US$1.82 billion, exceeding nearly US$1 billion in 2019. The net profit in the fourth quarter exceeded 750 million yuan, and the gross profit margin increased significantly to 24%. In the