Chinese state-owned GNG Ocean Shipping to build 50 LNG-powered bulkersThe Chinese state-owned GNG Ocean Shipping has issued a tender to seek out contractors to design and build 50 small LNG-powered bulk carriers.
Captain of Wakashio returns to the courtThis week, almost six months after its grounding in pristine waters off Mauritius, recovery operations to remove the stern of the Wakashio newcastlemax have begun.
Nisshin Kaiun sells one of its scrubber fitted vessels, ColognyThis year Nisshin Kaiun has been in an active position, selling two capes. In the past couple of years, the company has pruned its cape arm.
Hyundai Mipo receives orders for two LPG carriers and one petrochemical vesselSouth Korean shipbuilder Hyundai Mipo Dockyard (HMD), part of Korea Shipbuilding & Offshore Engineering (KSOE), has obtained contracts to construct two LPG carriers and a petrochemical vessel from Oceanian shipping companies.
Korea Shipbuilding receives contract termination for 10 VLCCsThe South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) has announced the termination of contracts for ten very large crude carriers by two of its subsidiaries (VLCCs).
Taiwanese shipping major Evergreen places order order for twenty containershipsTaiwanese shipping big Evergreen Marine Line has reportedly put an order for twenty 15,000 TEU containerships.
Tianjin Southwest Maritime to receive VLGC from Jiangnan ShipyardChinese gas carrier operator Tianjin Southwest Maritime has ordered the construction of a 93,000 cu m very wide gas carrier at Jiangnan Shipyard (VLGC).
China’s COSCO Shipping Ports takes stake in Red Sea Gateway TerminalCOSCO Shipping Ports of China has entered into an agreement with the founding shareholders of Red Sea Gateway Terminal Limited (RSGT) to acquire a 20 per cent interest in the terminal located at the Islamic Port of Jeddah.
Royal Niestern Sander Shipyard hits milestone in LNG conversionThe installation of the new aft vessel with LNG tank and equipment on the AG Ems passenger ferry Münsterland has been completed by the Royal Niestern Sander shipyard.
Eastern Pacific Shipping meets its CO2 reduction target 2 years ahead of scheduleEastern Pacific Shipping (EPS), based in Singapore, announced its ESG policy for 2021 and is celebrating meeting its CO2 reduction target two years ahead of schedule.
Hyundai Heavy to release IPO to raise Green Tech investmentOn Tuesday, South Korean shipbuilder Hyundai Heavy Industries Co Ltd said it is preparing an initial public offering (IPO) to raise funds for a 1 trillion won ($905 million) investment in green technology over five years.
Taiwan's Wan Hai orders 12 boxships at Nihon ShipyardAt the newly formed Nihon Shipyard, Taiwanese shipping line Wan Hai Lines has announced a decision to order twelve 3,013 TEU boxships.
Hyundai Mipo receives order for petrochemical carrier pairSouth Korean shipbuilder Hyundai Mipo Dockyard has signed a sales and supply contract worth KRW 80 billion ($72.7 million) for two petrochemical product carriers.
South Korea develops wing-sail auxiliary propulsion system for shipsAs a result of a joint research project between KSOE and SK Shipping, class society DNV GL has granted Korea Shipbuilding and Offshore Engineering (KSOE) an approval in principle (AIP) for a wing-sail auxiliary propulsion system for ships.