Hudong-Zhonghua Inks Another Major Order for 5 LNG Carriers! Order Backlog Ranks First Globally by Cargo Capacity

On October 16, Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. and Malaysia International Shipping Corporation Berhad (MISC Berhad) signed another contract for the construction of five 174,000-cubic-meter large liquefied natural gas (LNG) carriers. With the signing of this contract, Hudong-Zhonghua’s total orderbook for LNG carriers has reached 57 vessels, accounting for more than 21% of the global total and ranking first in the world by cargo capacity, demonstrating Hudong-Zhonghua’s international brand influence in the large LNG carrier sector.

$1.6 Billion Mega Order: HMM Locks In 12 Container Ships in One Go

South Korea’s HMM said in a regulatory disclosure that its board has approved a container ship investment plan of about $1.617 billion, involving 12 vessels and adding a total of 114,100 TEU of capacity.

+6 Product Tankers! Emarat Maritime Continues to Place Orders

Dubai-headquartered Emarat Maritime has added six 74,000 dwt LR1 product tankers to its rapidly expanding fleet.

First Collaboration: Zhonggu Shipping Awards Contract for Two 14,000 TEU Green Megaships to Hudong-Zhonghua

On October 13, Zhonggu Shipping Group Co., Ltd. signed a construction contract for two 14,000 TEU large container vessels with Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., with CSSC Trading participating as one of the contracting parties. The signing marks the first collaboration between Zhonggu Shipping and Hudong-Zhonghua. The two sides will launch strategic cooperation focusing on green, energy-saving and environmentally friendly container ships.

A 100-Ship Newbuilding Fleet Takes Shape! Yangzijiang Maritime Signs Order for 4+2 Bulk Carriers

On October 12, Singapore-listed Yangzijiang Maritime Development finalized a bulk carrier newbuilding agreement in China, ordering four 82,000 dwt Kamsarmax bulk carriers from Jiangsu Huazi Energy Engineering Co., Ltd., with options for two additional vessels. This is Yangzijiang Maritime’s first order placed with Huazi Energy, and the second Kamsarmax bulk carrier construction contract won by the Qidong shipyard, following an order from a Xiamen shipowner.

10,800-Car PCTC "Glovis Legend" Delivered 9 Months Ahead of Schedule

On October 12, the No. 2 10,800-car LNG dual-fuel pure car and truck carrier (PCTC) “GLOVIS LEGEND,” built by CSSC Guangzhou Shipyard International (GSI) together with China Shipbuilding Trading Co., Ltd. (CSTC) for South Korea’s HMM, was named and delivered in Nansha, Guangzhou, nearly nine months ahead of the contractual delivery date.

After years of turmoil, two European shipyards welcome new owners

Recently, two well-known European shipyards are set to undergo ownership changes: German defence giant Rheinmetall is acquiring Romania’s Mangalia Shipyard, while Turkey’s Kuzey Star Shipyard has been selected to acquire the Croatian shipyard Uljanik Brodogradnja 1856.

11 Ships in One Week! Hengli Heavy Industries' VLAC Orders Explode

Recently, Hengli Heavy Industries achieved a major breakthrough in the cryogenic gas carrier sector, securing 11 VLAC (Very Large Ammonia Carrier) construction contracts in a single week. Hengli Heavy Industries had already risen to first place globally in VLAC order backlog. With these 11 additional VLAC orders won in one week, its top position has become even more secure.

Another 12-Ship Mega Order Secured! Hengli Heavy Industries Ranks First Globally in VLCC Orderbook

Recently, Hengli Heavy Industries signed construction agreements with several Greek shipowners for 12 tankers in a concentrated batch. The order covers 6 VLCCs (Very Large Crude Carriers), 2 Suezmax tankers, and 4 LR2 tankers. The average price per VLCC is nearly US$140 million.

World's first ammonia dual-fuel bulk carrier delivered, embarks on maiden voyage to Australia

Belgian shipowner CMB.TECH announced yesterday (October 9) that the world's first 210,000 DWT ammonia dual-fuel bulk carrier, the "Mineral Europa" (flying the Belgian flag), has been delivered. The vessel is currently preparing to set sail for Australia on its maiden voyage.