In the first half of 2024, the global market saw a total of 206 new bulk carrier orders, amounting to 19.976 million deadweight tonnage (DWT), marking a 22.0% year-on-year decline. However, Capesize bulk carrier orders surged by an impressiv

On July 10th, Carlo Luzzatto, CEO of RINA Group, led the executive team on a significant visit to Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS). The SWS team, including Chairman Mr. Wang Qi and Vice President Mr. Zhou Qi, warmly welcomed

Recently, Nanjing Ocean Shipping Co., Ltd. （NASCO）has just signed a contract with China Merchants Jinling Shipyard (Nanjing) for the construction of two 63,500 DWT bulk carriers. This isnt the first time Nanjing Ocean has invested in su

Chinas shipbuilding industry continues its upward trajectory, capturing over 70% of new global orders in the first half of 2024. According to recent data released by the Ministry of Industry and Information Technology: Key Achievements: Com

Xinde Marine News has learned that on the morning of July 15, 2024,Yangzijiang Shipbuilding Group, a renowned private shipbuilding enterprise in China, officially signed and settled the Yangzi Hongyuan Green High-Tech Clean Energy Shipbuild

ORIX Corporation (ORIX) announced that it has placed an order for two Methanol Dual Fuel KAMSARMAX Bulk Carriers (KAMSARMAX), the latest environmentally friendly ships from TSUNEISHI SHIPBUILDING Co., Ltd., and one bulk carrier from Oshima

Following the signing of a contract for methanol fuel systems for five new ships with Yangzhou COSCO Shipping Heavy Industry in June, Weihai Heavy Industry Technology has recently signed another contract with Shanghai COSCO Shipping Heavy I

Fratelli Cosulich successfully concluded a significant investment, by placing an order for two advanced methanol-ready chemical bunkering tankers with Taizhou Maple Leaf Shipbuilding Co., Ltd. The vessels, two 7,999 DWT IMO2 chemical bunker

On July 8, 2024, the handover and naming ceremony of the Xin Hongzhuan, an intelligent research and training ship, was grandly held at COSCO Shipping Heavy Industry Co., Ltd. in Dalian. This milestone event was graced by the presence of est

Mediterranean Shipping Company (MSC) has secured two 14,000 TEU container ships under construction at Jiangnan Shipyard for a total of $333 million. These vessels were originally ordered by Chinas BAL Container Line Co., Ltd. (BAL). The tran

Strategic Marine announced that Louis Dreyfus Armateurs has placed an order for an additional pair of newly built 27M Crew Transfer Vessels (CTVs), expanding its fleet from five to seven high-specification vessels. These additional new unit

On July 3, 2024, Singapore Winning International Group and Hengli Group held a strategic cooperation signing ceremony and a celebration for signing contracts for six new 325,000 DWT ore carriers. These six newly contracted WinningMax ore ca

On June 28th, Wuhu Shipyard signed a contract with the renowned Turkish shipowner, Transka Tankers, for the construction of four 40,800-ton MR1 oil/chemical tankers. These vessels are scheduled for delivery in 2027, with two of them being b

Orient Overseas Container Line Co., Ltd. (OOCL) today named the companys eleventh 24,188 TEU eco-friendly vessel OOCL Denmark, which is the last of six vessels in the same series that Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) buil

Jinhui Shipping, a Hong Kong-listed shipowner, is making significant strides in expanding its fleet, marking a return to the newbuild market after several years. On June 28th, Jinhui Group announced that its wholly-owned subsidiaries, Jinha