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Updates in the past 10 days:  20 Orders || 3 Demolitions || Read our latest research report (Globalisation and Deglobalisation and its Effect on Shipping (Part 2))

    Notes on the New CGT System
 

01-Jun-2021, Yang Ming takes delivery of one more 11,000 TEU ship

Yang Ming Marine Transport took delivery of its new container vessel, YM Tiptop from Yangzijiang Shipbuilding. The vessel will be deployed to provide efficient delivery service between Asia and East c...



31-May-2021, SHI grabs a contract for two LNG carrier worth KRW 417 billion

Samsung Heavy Industries has signed a KRW 417 billion worth (USD 373.65 million) of contract to build two liquefied natural gas (LNG) carrier from a shipowner in Oceania region. The owner was not disc...



31-May-2021, Samsung Heavy signs a contract with Wan Hai Lines for four 13k teu containerships

Samsung Heavy has signed a deal worth KRW 529 billion (USD 474 million) with Taiwanese container shipping company Wan Hai Lines for the construction of four 13,000 TEU containerships. The four newbuil...



28-May-2021, SITC signs a newbuilding contract with Dae Sun Shipyard

SITC International Holdings Company has ordered eight firm 1,023 teu containerships plus an option for two from Dae Sun Shipyard. The contract is worth a total of USD 153.6 million. The newbuilding co...



27-May-2021, CMA CGM takes delivery LNG-powered behemoth

CMA CGM receives the eight LNG-fuelled, CMA CGM Trocadero from CSSC Jiangnan Shipyard. The 23,000 TEU containership is the fourth and last vessel from the series and sets to leave China on May 29th, h...



26-May-2021, Yangfan Group receives an order for boxship quartet

China's Yangfan group has received an order for four containerships from Germany's Vega Reederei. Each container vessel will have a capacity to carry 1,868 teu and length of 171.9 m. Sources say that ...



26-May-2021, Klaveness takes delivery of last CLEANBU ship

Klaveness Combination Carriers ASA (KCC) took delivery of the MV Balzani from Chinese New Yangzi Shipyard, marking the completion of the CLEANBU. The Balzani is the eighth and final contracted CLEANBU...



25-May-2021, Thun Tankers takes delivery of third gas-powered tanker

Ferus Smit delivered "Thun Equality" to Thun Tankers on May 18. The vessel was the third "E-Class" tanker in a series of four ordered and the tanker is fueled by LNG, with a pressurized tank installed...



25-May-2021, BW LNG receives BW Helios

BW LNG has taken delivery of BW Helios LNG from South Korea's Daewoo Shipbuilding and Marine Engineering (DSME). The 174,000m3 features the ME-GI dual-fuel, two-stroke engine, and full reliquefaction ...



20-May-2021, Seaspan takes delivery of two 8,500 TEU container ships

Seaspan Corporation has taken delivery of two 8,500 TEU scrubber-fitted container ships from Hyundai Mipo. The newbuilds feature 366 meters long, 51 meters wide and 30.2 meters deep, compliant with th...



20-May-2021, Development Bank of Japan joins Poseidon Principles

DBJ joins Japanese banks Shinsei Bank and MUFG Bank in signing up to the voluntary initiative including Sumitomo Mitsui Banking Corporation and MUFG Bank. The aim of the framework is to enable financi...



18-May-2021, GSI signs a contract bringing operating orders for 2021 to more than 10 billion yuan

China State Shipbuilding Corporation's (CSSC) Guangzhou Shipyard International (GSI) has signed a contract with Hengyi Petrochemical for eight MR product/chemical tankers bringing the shipyard's opera...



14-May-2021, Wan Hai Lines receives 3,055 TEU container ship

Wan Hai Lines took delivery of "Wan Hai 328" from Japan Marine United Co., Ltd. on Friday, May 14. The 3,055 TEU container ship is the 7th vessel developed by JMU which can carry containers with a max...



14-May-2021, KSS Line invests into two VLGCs from HHI

KSS Line has placed an order for two new eco-friendly 86,000 CBM Very Large Gas Carrier (VLGC) equipped with LPG dual fuel propulsion engine from Korea Shipbuilding Offshore and Engineering’s Hyundai ...



10-May-2021, Yangzijiang splurge 513M USD for expansion

Yangzijiang Shipbuilding to invest 513m USD to further develop shipbuilding and equipment manufacture industry. The various projects in the industrial park including port and logistics, high-end clean...



05-May-2021, Viking Glory to sail under Finnish flag

Viking Line's new flagship will launch service in early 2022, under a Finnish flag. Viking Glory has already been marked as "climate-conscious" using LNG-powered engines, thus producing zero sulfur em...



30-Apr-2021, CMA CGM orders 22 containerships from Chinese yards

CMA CGM, a major French liner, has signed contracts with Chinese shipyards for construction of 22 containerships worth USD 2.3 billion. Jiangnan Shipyard will build six 15,000 TEU container vessels. T...



28-Apr-2021, JMU takes delivery of suezmax tanker "Zeus"

Japan Marine United Co., Ltd. handed over the suezmax tanker "Zeus" to Platanos Shipping on Wednesday, April 28. The 158,500 DWT tanker was developed for the first time after the integration as the ne...



27-Apr-2021, Shanghai Waigaoqiao nabs an order for four boxships from Sea Consortium

China State Shipbuilding Corporation's (CSSC) Shanghai Waigaoqiao Shipbuilding has taken an order from Singapore's Sea Consortium for four 7,000 TEU containerships. The vessels will be 272.5 meters lo...



27-Apr-2021, Viking Grace completes test run of Norsepower's rotor sail

Viking Line's passenger ship Viking Grace has completed the trial testing of the rotor sail technology developed by Finland-based clean tech company Norsepower. Rotor sails like this one generate thru...




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