Shipyards
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Crude tanker newbuild contracting jumps 490%
In the first two months of 2024, crude tanker newbuild contracting surged to 7.4 m dwt, a 490% leap year-on-year,…
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New Korean engine brand unveiled
Hanwha Ocean, the Korean yard formerly known as Daewoo Shipbuilding & Marine Engineering, has unveiled a new subsidiary, Hanwha Engine,…
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TEN books shuttle tanker newbuild in South Korea
Greek owner Tsakos Energy Navigation (TEN) has returned to Samsung Heavy Industries for more shuttle tankers. Shipbuilding sources have listed…
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Hanwha Ocean wins Qatari LNG carrier orders
Qatar Energy’s fleet expansion scheme proceeds apace with a contract signed this week for 12 LNG carriers with Hanwha Ocean,…
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MOL seals charter for Korean LNG newbuild
Mitsui OSK Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker (TLT),…
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Trafigura inks debut VLCC orders
One of the world’s largest charterers, Trafigura, is addressing the market shortage of modern supertanker tonnage by signing up to…
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Berge Bulk orders ammonia-ready newcastlemax pair in China
The leading newcastlemax builder in the world, CSSC Qingdao Beihai Shipbuilding, has bagged another order for a pair of ammonia-ready…
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DHT orders four VLCC newbuilds from South Korea
New York-listed tanker giant DHT Holdings has entered into agreements to build four very large crude carriers (VLCCs) in South Korea with…
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Eastern Pacific uses up options for LNG dual-fuel tankers and ammonia-powered bulkers
Singapore-based Eastern Pacific Shipping (EPS) has placed an order for two LNG dual-fuel oil tankers and four ammonia dual-fuel bulkers…
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Pertamina back at Hyundai Mipo for LPG carriers
Indonesia’s Pertamina International Shipping (PIS) has gone to Hyundai Mipo Dockyard in Ulsan for a pair of 23,000 cu m…
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Seatrium settles corruption probe in Brazil for $137m
Seatrium has reached in-principle settlement agreements with the Brazilian authorities concerning “Operation Car Wash”, a probe into allegations of bribes…
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Chevron upgrades pair of LNG carriers
Chevron has gone to South Korea to upgrade a pair of LNG carriers. HD Hyundai Marine Solution has been chosen…
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Evalend pens orders for ammonia carriers in South Korea
Greek broker Intermodal has identified Greek owner Evalend Shipping as the company behind an order for a pair of ammonia…
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NYK goes to domestic yard for latest CTV newbuild
Nippon Yusen Kaisha (NYK) has contracted Kosaba Shipbuilding for a crew transfer vessel newbuild, the first CTV order the Japanese…
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CMB.TECH to own first-ever ammonia-powered boxship
CMB.TECH has ordered the world’s first ammonia-powered container vessel in partnership with Yara Clean Ammonia, North Sea Container Line, and…
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Sumitomo Heavy exits commercial shipbuilding
Japanese shipyard Sumitomo Heavy Industries Marine & Engineering has decided to stop taking new orders for commercial vessels. The yard…
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Top names in shipbuilding, energy and shipowning join forces to develop liquefied hydrogen carriers
The nascent seaborne liquefied hydrogen trades have received a big boost with Japan’s largest shipowner teaming with South Korea’s largest…
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Series of ammonia-powered boxships under negotiation with selected yards
A contract for a series of ammonia-powered containerships is in the offing. MB Shipbrokers, formerly known as Maersk Broker, is…
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ExxonMobil lines up shuttle tanker newbuilds
US supermajor ExxonMobil has reserved up to four slots for shuttle tanker newbuilds in South Korea. Shipbuilding sources report Samsung…
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Marinakis and Fredriksen ink large VLCC orders in China
With one announcement from China, the tiny global VLCC orderbook has swelled by 60%. Dalian Shipbuilding Industry Co (DSIC) has…
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