Veer and Fosen have signed a formal LOI to develop, construct, sell, and purchase two (2) firm units of wind powered and hydrogen assisted container vessels. We are delighted and excited that Veer has chosen Fosen to build the first zero em

GTT announces that it has received, in July 2024, two orders from its Korean partner HD Korea Shipbuilding Offshore Engineering (HD KSOE) to design the cryogenic fuel tanks for 12 new LNG-fuelled container vessels on behalf of CMA CGM, a gl

on July 16, 2024，Xiamen Shipbuilding Industry Co., Ltd. (XSI) has officially signed an order financing agreement for 8114,000-ton dual-fuel (LNG) oil tankers with the Xiamen Branch of Shanghai Pudong Development Bank. Advanced Design and

On July 25th, COSCO Shipping Corporation Limited (COSCO Shipping) signed a Memorandum of Understanding (MoU) with Fortescue Ltd, a global leader in green technology, energy, and metals, in Shanghai. The partnership aims to leverage each com

Everbright Financial Leasing Co., Ltd. (Everbright Leasing) has celebrated the naming and delivery of its first new ship order, the EB GRAND, at Jiangmen Nanyang Shipbuilding Co., Ltd. on July 26th. This momentous occasion also marked the f

Hudong-Zhonghua Shipbuilding recently secured its 100th LNG equipment vessel order. The company signed a contract with French energy giant TotalEnergies for the construction of 1+1 V3.0 18,600-cubic-meter LNG bunkering vessels. This milesto

Two significant developments in the VLAC (Very Large Ammonia Carrier) sector are signed both involving Chinese shipyards: Jiangnan Shipyard AW Shipping Collaboration. On July 23, Jiangnan Shipyard, a subsidiary of China State Shipbuilding C

From July 16 to 19, Guangzhou Shipyard International, a subsidiary of China State Shipbuilding Corporation, successfully and efficiently completed high-quality repairs and delivered five vessels: Cavo Lazzi, Nirchos, Bai Ma, Astrid, and one

Recently,Fujian Guohang Ocean Shipping(group) Co.,Ltd.，(hereinafter referred to as Guohang Ocean) and Jiangsu Haitong Offshore Engineering Equipment Co., Ltd. (hereinafter referred to as Jiangsu Haitong) held a signing ceremony in Nantong

We are thrilled to announce that on July 16, the second 99,000 cubic meter very large ethane carrier (VLEC) in series, GAS HUANGHE, has been officially signed and delivered to Wanhua Chemical Group. This milestone is a testament to the hard

Bluferries, the company of the FS Italiane Groups Polo Logistica operating in maritime transportation in the Strait of Messina, Italy, C.T.E. Perdikaris Engineering, Architectural Technical Services Ltd., and RINA, a multinational inspectio

In the first half of 2024, the global market saw a total of 206 new bulk carrier orders, amounting to 19.976 million deadweight tonnage (DWT), marking a 22.0% year-on-year decline. However, Capesize bulk carrier orders surged by an impressiv

On July 10th, Carlo Luzzatto, CEO of RINA Group, led the executive team on a significant visit to Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS). The SWS team, including Chairman Mr. Wang Qi and Vice President Mr. Zhou Qi, warmly welcomed

Recently, Nanjing Ocean Shipping Co., Ltd. （NASCO）has just signed a contract with China Merchants Jinling Shipyard (Nanjing) for the construction of two 63,500 DWT bulk carriers. This isnt the first time Nanjing Ocean has invested in su

Chinas shipbuilding industry continues its upward trajectory, capturing over 70% of new global orders in the first half of 2024. According to recent data released by the Ministry of Industry and Information Technology: Key Achievements: Com