Asian shipowners are expected to invest in the construction of Very Large Ethane Carriers (VLEC) and Ultra Large Ethane Carrier (ULEC). According to industry sources and foreign media, China’s petrochemical company Wanhua Chemi..
Chinese shipbuilder COSCO Shipping Heavy Industry (CSHI) secured 63 new shipbuilding orders in 2024. Sources say the orders covered a wide range of ships, including bulk carriers, container ships, methanol dual-fuel ore carriers, oil..
Shell is narrowing down its options for LNG bunker vessel newbuilds, with three contenders remaining in the running. The shortlisted bidders include Spain's Grupo Ibaizabal, Germany's Bernhard Schulte, and Tufton Group, an inves..
As the new year comes in and the age of the world's fleet increases by one year, demands for renewal of aging ships are likely to increase. As of January 2025, according to Xclusiv Shipbrokers, the current bulker fleet stands at ..
In 2024, shipyards' crude oil tanker deliveries have slid to a 36-year low. According to the Baltic and International Maritime Council (BIMCO), the global shipbuilding industry delivered a total of 17 crude carriers of a combined..
Prima Marine, a full marine service provider headquartered in Thailand, recently placed an order of six 2,499 dwt Product Carriers at Ningbo Zhenhe Shipbuilding in China. According to industry sources, FKAB Marine Design, a ship desi..
As the effort to implement autonomous vessels under the Maritime Autonomous Surface Ships (MASS) Code is picking up pace, China is also eyeing to facilitate the commercialization of intelligent ships using their accumulated expertise. ..
Japan Marine United(JMU) successfully delivered 'Maersk Eunapolis', a 12,800 teu methanol-ready containership that will be owned by A.P. Moller-Maersk (Maersk). According to industry and foreign sources, the delivery ceremon..
Mitsui O.S.K. Lines, Ltd. today announced that on January 21, the LNG-fueled ferry Sunflower Kamuy, owned by MOL and operated by its group company MOL Sunflower Ltd., entered service in Oarai. The vessel will serve the Oarai-Tomakomai r..
Kongsberg Maritime has secured a contract to supply advanced propulsion and manoeuvring technology for two new KCR-70 Fast Attack Craft for the Indonesian Navy. The two vessels are currently under construction at the Sefine Shipyard in ..
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