Shipbuilding

MOL optimistic about future of large-sized bulker market

Japanese shipowner Mitsui OSK Lines (MOL) expected the large-size bulker business to continue to be healthy over the next one to two years. According to industry sources and TradeWinds, Kazuhiro Takahashi, managing executive officer ..

News > Shipbuilding > 2025-03-28 18:00:24

ExxonMobil halts LNGBV plans in China ahead of upcoming port fee hearings

Amid the strengthening of shipbuilding and shipping sanctions on China during Donald Trump's administration, ExxonMobil has allowed a series of LNG bunker vessels (LNGBVs) in China to lapse, before the US finalizes its plans to impo..

News > Shipbuilding > 2025-03-28 17:08:08

Concerns on 'stall' in shipbuilding market

Shipbuilding industry is expected to enter 'a new super cycle' against a backdrop of demands for replacing vessels delivered during 2005-2010, but this year's newbuilding price is likely to fall. Despite of raising capacity,..

News > Shipbuilding > 2025-03-28 16:00:36

Hengli-TSM to develop VLAC

Chinese shipbuilder Hengli Heavy Industry is to develop very large ammonia carrier (VLAC) together with its compatriot LPG carrier operator Tianjin Southwest Maritime (TSM). Hengli Heavy did not revealed if it could sign a formal shi..

News > Shipbuilding > 2025-03-28 15:11:03

Hanwha wins 24,000TEU at highest price

Hanwha Ocean has recently concluded a newbuilding deal at the highest price in mega-sized containership sector ever. The South Korean shipbuilding heavyweight announced on March 17 that it won 24,000 teu LNG dual-fueled boxship sexte..

News > Shipbuilding > 2025-03-28 14:13:38

U.S·Korea Shipbuilding Alliance… A Strategic Battle Unfolds

Recently, the United States has been seeking to revitalize its domestic shipbuilding industry as part of its broader strategy to regulate and counter China. As a result, South Korea has emerged as a key beneficiary of this initiative. ..

News > Shipbuilding > 2025-03-28 11:58:58

ClassNK okays LCO2 carrier design

Knutsen NYK Carbon Carriers AS ("KNCC"), a subsidiary of Nippon Yusen Kabushiki Kaisha ("NYK") and Knutsen Group, has obtained Approval in Principle (AiP) from ClassNK for the design of liquified CO2 carriers ('L..

News > Shipbuilding > 2025-03-28 09:36:23

ABS joins MIT Maritime Consortium

ABS, in collaboration with leading players in the maritime industry, has joined an ambitious initiative from the Massachusetts Institute of Technology (MIT) to tackle challenges facing global shipping. The MIT Maritime Consortium uni..

News > Shipbuilding > 2025-03-28 09:16:09

HD HHI launches 2nd Philippine corvette

HD Hyundai Heavy Industries has successfully launched the second 3,200-ton patrol vessel, "Diego Silang," for the Philippine Navy in Ulsan. This follows the launch of the first vessel, "Miguel Malvar," in June last y..

News > Shipbuilding > 2025-03-27 19:19:21

SHI nears commercialization of FLNG key equipment

Samsung Heavy Industries (SHI) is set to apply its independently developed natural gas liquefaction system, ‘SENSE IV,’ to an actual Floating Liquefied Natural Gas (FLNG) facility in the near future. According to industry..

News > Shipbuilding > 2025-03-27 17:31:24