photo from SUMEC Marine SUMEC Marine signed a strategic cooperation agreement with Wah Kwong on April 23rd, and both parties inked a contract for the newbuilding of two Crown 63 PLUS vessels. Hing Zhao, Executive Chairman of Wah Kwong, said

photo from Jiangnan Shipyard On April 22, GAS CHANGJIANG, the first vessel of 99,000CBM VLEC series built by Jiangnan Shipyard for Wanhua Chemical Group, was officially named and delivered. Reportedly, 99,000 CBM VLEC is the largest capacit

GTT announces that it has received, in the second quarter of 2024, an order from an Asian shipyard for the tank design of eight new Liquefied Natural Gas Carriers (LNGCs) on behalf of a Middle Eastern ship-owner. GTT will design the tanks o

Hapag-Lloyd and Seaspan Corporation enter into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol. Following the engin

photo from CSSC AET also signed the Shipbuilding Contracts (SBC) for these two vessels with Dalian Shipbuilding Industry Co., Ltd (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC). The TCP was signed by Mr. Zahid Osman, Pr

Eastern Pacific Shipping (EPS) signs Memorandums of Understanding (MoUs) with the Maritime and Port Authority of Singapore (MPA), and classification societies, ABS and Lloyds Register, committing six of its Ammonia dual-fuel newbuilds to be

(Pictured from L to R: Mr Chen Ya Jun, Director of Business Department at New Times Shipbuilding, Mr Pai Hong Yao, CEO of Singfar Holdings and Mr Zahid Osman, President CEO of AET) Singfar, a logistic and trading services provider, is thril

photo from Posidonia Greeces revitalised shipbuilding industry will be prominently represented during Posidonia 2024, signalling a strong recovery following decades of decline and disrepair. The sectors Greek renaissance is on the cards aft

On March 28, SUMEC Marine signed a construction contract for four Crown 63 PLUS ships with Turkish shipowner CINER BULKERS. photo from SUMEC Marine As early as 2012, seven 1.0 version Crown 63 series bulk carriers were ordered at Dayang Shi

QatarEnergy signed long-term time charter party (TCP) agreements with four international shipowners for the operation of 19 new, ultra-modern conventional size LNG vessels as part of the second ship-owner tender under QatarEnergys historic

photo from NTS Dynacom Tankers Management, the tanker company owned by George Procopiou, has once again signed a contract for the construction of eight 158,000 dwt Suezmax tankers with NEW TIMES SHIPBUILDING. It is understood that the new v

photo from Euronav website Euronav has sold the VLCC Nectar (2008 307,284 DWT), VLCC Newton (2009 307,208 DWT), and VLCC Noble (2008 307,284 DWT). This sale reconfirms Euronav CMB.TECHs strategy of recycling capital at a historical high poi

SUMEC Marine and CCB Financial Leasing recently signed the contract for the construction of two CROWN 63 PLUS bulk carriers. photo from SUMEC Marine Upon delivery, the two vessels under CCB Financial Leasing will be operated by Bohai Ocean

COSCO SHIPPING Holdings has recently signed a contract with COSCO SHIPPING Heavy Industry for the upgrading of four existing methanol-powered dual fuel container ships, including two 13,800 TEU vessels and two 20,000 TEU vessels. This is th

Damen Marine Components (DMC) has been contracted to supply rudder systems for four Pure Car and Truck Carriers (PCTC), each capable of carrying up to 9,200 CEU (car equivalent units). The vessels are being built at China Merchants Jinling