Greece shipowners continue to order new tankers in large volume and industry players see those units are for their fleet renewal goal. According to BRS Group, a French ship broker, about 30% (105) of 333 tankers on order were signed ..
Japan’s Tsuneishi Shipbuilding is making a big push in the methanol-fueled vessel sector, raising its competitiveness in the environmental and high-valued ship market. According to industry sources and foreign media, the Japane..
Hyundai Mipo Dockyard (HMD) disclosed on May 30th that it had secured a contract for two product carriers (PCs) from a North American ship operator. Industry players claim that the operator could be Canada's Algoma Central Corporati..
Norway’s Frontline is reluctant to order large-sized tankers any time soon due to skyrocketing ship price. According to industry sources and TradeWinds, Chief executive Lars Barstad said that yard prices are too high for time c..
Pherousa Green Shipping plans to order for up to six ultramax bulkers with ammonia-to-hydrogen cracking technology onboard. According to industry sources and foreign media, the initial Ultramax ship design was desgined by Deltamarin ..
Major Greek shipowner Alpha Bulkers Shipmanagement ordered two Ultramax bulkers at Chinses shipbuilding industry. According to industry sources and TradeWinds, the two new vessels will be the first vessels to join Athens-based compan..
The South Korean shipbuilding industry secured 4.39m cgt of newbuild orders in May 2023, representing a 40% drop compared to 7.27m cgt in May 2022. According to the Busan Marine Equipment Association (BMEA), the majority of the order..
K Shipbuilding has entered a contract with Greece's Chemnav Shipmanagement to build two MR tankers. According to industry sources and TradeWinds, Chemnav which used to focus on selling second-hand ships resumed its newbuilding or..
Global shipbuilders secured orders totaling 1.4m cgt in May, marking a 57% decrease compared to the 3.25m cgt acquired in May 2022. According to Clarksons Research, China dominated the order sales market with 79% (44 vessels, 1.1m cg..
Kongsberg Maritime announced its new range of ship designs in its extensive UT Design portfolio on June 7. The new anchor handler (AHT) and platform supply vessels (PSV) have the option to include alternative energy sources and fuels, s..