The bulk of LNG carriers ordered in the first quarter are deployed in Qatar's fleet expansion program. QatarEnergy, which leads the project, plans to place additional orders, while a bunch of other companies are setting out to inves..
Remote, lean crewed, and autonomous ship operations are playing a more extensive role than ever before in the maritime industry. This paradigm shift is not only revolutionising the way ships are operated but also driving and being drive..
Amid exceptional growth in the volume of goods transported and surging demand, the PCTC orderbook has reached its peak. Some have suggested that PCTC deliveries may be exceeded, but this will not occur due to the shipbuilding industry..
A groundbreaking study on a new LNG carrier has emphasized the vital importance of alternative fuels, eco-friendly steel, and renewable energy in reducing greenhouse gas emissions over the vessel's life cycle. Carried out by Lloy..
LNG carrier and containership were still dominant in South Korean shipyards' new orders, accounting for 69% last 2023. Industry players see a decrease in orders for the two ship types led to a downturn in overall contracting. Acc..
Chinese shipyards have actively been seeking new opportunities for global decarbonization and sustainable development. Recently, there has been a global spread of net-zero declarations in response to climate change. There is also a t..
The rates of special vessels for offshore oil & gas development projects are expected to be at an all-time high. Clarksons Research's Offshore Index, which tracks day rates for rig, offshore support vessels (OSVs) and subsea ..
Shipyards in South Korea have been cherry-picking lucrative orders this year, optimizing their profitability. As eco-friendly vessels are increasingly highlighted, in particular, Korean shipbuilders with excellent technologies are raisi..
The newbuilding ordering activity has slowed down over the past week, but interest has remained high for some specific sectors. According to Richard Scott, a Fellow of the International Chamber of Shipping (ICS), the annual order vol..
Orders for new LNG vessels that global shipbuilders secured from January to September reached 42, 3.68m cgt based on Clarksons Research's data, which is down 69.6% from the same period in the last year due to the base effect on 2022..
Month News