
The world’s largest container shipping firm MSC has returned to Chinese shipbuilder Zhoushan Changhong International Shipyard with an order for an additional ten LNG-powered containerships. The deal will see Zhoushan Changhong International Shipyard build ten LNG-powered behemoths each boasting a 10

Singapore-based tanker owner and operator Hafnia has leaped onto the methanol bandwagon with the recent order for four 49,800 deadweight dual-fuel methanol chemical IMOII Medium-Range (MR) tankers. The deal was signed with China’s Guangzhou Shipyard International (GSI) together with Hafnia’s joint-v

Hong Kong-based container shipping company Orient Overseas Container Line Ltd. (OOCL) has welcomed one more 24,188 TEU mega vessel. The new container vessel was named “OOCL Felixstowe” today at the Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. “We ordered this series of ultra large

Bermuda-based shipping company Himalaya Shipping, a rising star in the dry bulk industry, is well on its way on its transition path into a fully operational company, thanks to timely investments in the ‘right ships’. One of the key highlights of the first half of 2023 for the company was the deliver

Russian shipyard Zvezda Shipbuilding Complex has launched a new ice-class ARC7 LNG carrier for the Arctic LNG 2 project. According to Zvezda, the vessel was named Sergei Witte and has a capacity of 172,600 m3. It is the third unit in a series of fifteen LNG carriers ordered by Sovcomflot and being b

Greek containership owner Danaos Corporation has ordered the construction of two methanol-ready 8,258 TEU containerships set for delivery in 2026. The company said the order was placed in June but did not disclose the name of the shipyard that secured the deal. The latest order brings Danaos’ newbui

Shanghai Waigaoqiao Shipbuilding (SWS), a part of China State Shipbuilding Corporation (CSSC), has delivered the third and fourth eco-friendly 7,000 TEU containership to Singapore-based shipowner X-Press Feeders.

German shipowner Vega-Reederei has placed an order for ten diesel-electric coasters at Chinese Sinomach Group, a state-owned manufacturing group.

Japanese shipping company Mitsui O.S.K. Lines (MOL) is advancing its Wind Hunter project with the initiative to develop a pure water production system for hydrogen generation. MOL’s Wind Hunter project aims to harness offshore wind energy to produce hydrogen from water onboard and convert it into pr

The global shipbuilding industry is experiencing an impressive surge in demand for new tonnage, with a flurry of newbuilding orders and options being placed over the past week by prominent shipping companies worldwide. Data from shipbrokers shows a remarkable total of 31 firm newbuilding orders, acc

Deltamarin, a Finland-based marine engineering company, has won several Pure Car and Truck Carrier (PCTC) ship design contracts in recent months featuring alternative fuels. Notably, China’s largest electric car manufacturer, BYD Auto, has commissioned four 9,200 CEU PCTCs from China Merchants Indus

Chinese shipping company COSCO Shipping Development reached a significant milestone on July 26 with the launch of its 700 TEU electric container ship (N997) at the COSCO SHIPPING Heavy Industry in Yangzhou. The vessel, powered by portable container-sized batteries, is a 10,000-DWT specific route riv

Amidst a shifting landscape in the quest for carbon neutrality, shipowners worldwide are now gearing up to embrace the anticipated demand growth for ammonia, with multiple tankers slated to incorporate ammonia in their cargo list. Svanehøj, a Danish-based pump manufacturer, has witnessed a remarkabl

The European Commission adopted the 11th edition of the European List of ship recycling facilities, which has been updated with three new yards located in Türkiye. The facilities in question are Anadolu Gemi Söküm Orman Ürn. Gida Tur. Nak, San. Ve Tic. A.Ş., BMS Gemi Geri Dönüşüm San Ve Tic. A.Ş. an