Shipyards
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Buoyant liners add record numbers of newbuilds
March saw a stunning 866,060 teu of new tonnage ordered, almost the same as was contracted throughout the whole of…
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Oldendorff orders ultramax pair and adds two post-panamax bulkers
German dry bulk player Oldendorff Carriers is expanding its fleet with two 61,300 dwt ultramax newbuildings and two secondhand 93,000…
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Green as standard
Jon Chaplin from Lucion Marine on the realities of sustainably recycling a ship. An email from Lucion HR arrived last…
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Sea Consortium books new boxships at Zhoushan Changhong
Singapore’s Sea Consortium has reportedly signed shipbuilding contracts with China’s Zhoushan Changhong International Shipyard for the construction of three 3,100…
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Lockdowns in South Asia ease demo rates
Snap Covid lockdowns this week and the impending Ramadan mean owners might have missed the boat to pick up the…
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Chinese dominate limited dry bulk newbuild orders
Dry bulk newbuild orders have been thin on the ground over the past week. Chinese owners remain the most bullish.Seacon…
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Eastern Pacific bolsters its ethane carrier orderbook
Singapore-based Eastern Pacific Shipping has been revealed as the owner behind orders last week for a pair of ethane carriers.…
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Vard to build North Star SOV trio for Dogger Bank ops
Norwegian shipbuilder Vard has secured contracts to design and build three hybrid service operation vessels (SOVs) for North Star Renewables…
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Port Qasim Authority orders six Sanmar boats
Port Qasim Authority (PQA) in Pakistan has ordered four tugboats and two pilot boats from Sanmar Shipyards in Turkey for…
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MSC tipped to be behind CSSC $1.56bn boxship bonanza
Mediterranean Shipping Co (MSC) has reportedly placed an order at China State Shipbuilding Corporation (CSSC) for thirteen 16,000 teu container…
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KSOE bags $292m in newbuild orders
Korea Shipbuilding & Offshore Engineering (KSOE) has, through its Hyundai business units, secured newbuild orders worth close to KRW330bn ($292m).…
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Sangomar FPSO work kicks off
Conversion works have kicked off on Woodside’s 323m-long very large crude carrier (VLCC) set to become the floating production storage…
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Royal IHC makes headway on hydrogen-powered dredger
Dutch shipbuilder Royal IHC is moving forward with its hydrogen-fuelled trailing suction hopper dredger project. Referred to as the LEAF…
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Delphis commits to more Qingdao boxships
Delphis, the container arm of the Saverys family-controlled CMB, has returned to Qingdao Yangfan Shipyard, taking out options for four…
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Sembcorp and GE awarded deal for electrical transmission system at Sofia
Sembcorp Marine and GE Renewable Energy’s Grid Solutions have been awarded a contract by RWE Renewables to supply the high…
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Island Navigation in for STX product tanker
Founding members of the Hong Kong Shipowners Association have a history of nurturing yards, whether originally in Japan in the…
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Demo rates smash through $500 milestone
Demo rates have shot up in recent days, surpassing $500 per ldt and seeing many owners have a change of…
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Samsung Heavy wins $2.48bn boxship order from Evergreen
Taiwanese line Evergreen has confirmed an order for twenty 15,000 teu boxships at Korean yard Samsung Heavy Industries. Evergreen had…
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Container shipping’s orderbook-to-fleet ratio rockets up to 15%
Container shipping’s orderbook-to-fleet ratio, which was in single percentage figures as recently as six months ago, is set to surpass…
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South Korea’s sovereign wealth fund backs Hyundai Heavy with new $900m acquisition vehicle
Korea, Inc is rallying to ensure it ensure it has global shipbuilding champions for further generations. Korea Investment Corp (KIC),…
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