New Vessel Design, New Breakthrough! SUMEC Marine and Seaspan Forge Significant Partnership

​On April 16, SUMEC Marine, together with its subsidiary New Dayang Shipbuilding, successfully entered into a construction contract with Seaspan for four 65,200 dwt open-hatch gantry-crane multipurpose vessels.

Two Tankers! COSCO SHIPPING Energy Announces New Order

On April 15, Cosco Shipping Energy issued an announcement regarding the investment and construction of two Panamax crude oil tankers.

Six VLCCs! Two Swiss Owners Place Bets on This Chinese Shipyard

The global Very Large Crude Carrier (VLCC) newbuilding market is heating up once again, with two Swiss shipowners independently placing their bets on the same Chinese shipyard.

Over $1.25 Billion! Subsea7 Secures Another Major Contract

​Subsea7 has officially announced that, following a competitive tender process, it has been awarded a super-major contract by Petrobras valued in excess of $1.25 billion.

Nearly $350 Million! Shipyard Secures Largest Order Since Establishment

On April 11, bulk carrier owner Yangpu Zhongxin Shipping signed a construction contract with Longhe Shipbuilding for five 114,000 dwt LNG dual-fuel LR2 tankers, with a total transaction value approaching $350 million.

UK Shipping Capital Enters Containership Market with Chinese Shipyard Selection

Hayfin Capital has recently entered the containership newbuilding market, selecting a Chinese shipyard with specialized expertise in this sector and further expanding its shipping investment portfolio.

World's First Ethanol-Fueled Deep-Sea Vessels to Be Built by Chinese Shipyard

Brazilian mining giant Vale has announced that it has reached an agreement with Shandong Shipping to construct two Guaibamax Very Large Ore Carriers (VLOCs) that will use ethanol as their primary fuel, with an option for additional orders.