Old Kaiser Shipyards Site in the U.S. Reborn
Recently, a new American shipbuilding company has begun operations on the Columbia River, restarting part of the historic Kaiser Shipyards site. Rebuilding U.S. shipbuilding capacity is now a priority for the Trump administration.
Buys 2 More Chemical Tankers! Germany’s Ernst Russ Accelerates Diversification
On September 9, Germany’s Ernst Russ officially announced that it would purchase two more 18,500 dwt chemical tankers built at Wuhu Shipyard, increasing its tanker fleet to six vessels and continuing its diversification strategy.
Dalian Heavy Industry: Plans to Invest RMB 2.639 Billion to Renovate Its Port Machinery Base
The source text repeats the same passage twice; the following is a single English translation. On the evening of September 9, Dalian Huarui Heavy Industry Group Co., Ltd. (hereinafter “Dalian Heavy Industry”) released an announcement stating that the Company plans to use its own funds or self-raised funds to invest in and build the Port Machinery Relocation and Intelligent Upgrade Project.
Orderbook Hits 30 Vessels! Venergy Firms Up Suezmax Tanker Options at Hengli Heavy Industries
Greek shipowner Venergy Maritime has confirmed two additional Suezmax tanker newbuildings at Hengli Heavy Industries, bringing its series orders at the Dalian shipyard to four and expanding its overall newbuilding programme to 30 vessels.
After Securing Orders for 12 Warships, Hyundai Heavy Industries Group Deepens Shipbuilding Cooperation with the Philippines
Recently, after securing orders for 12 naval vessels and expanding its civilian shipbuilding business in Subic Bay, South Korean shipbuilding group HD Hyundai is further deepening its shipbuilding cooperation with the Philippines.
China's first 88K dual-fuel Very Large Gas Carrier (VLGC) named
On September 8, the “Changping Yuan,” an 88,000 cubic meter Very Large Gas Carrier (VLGC) newly built by Dalian Haineng under COSCO Shipping Energy, was named at COSCO Shipping Heavy Industry (Qidong) and officially joined the liquefied petroleum gas (LPG) and chemical tanker fleet registered in Dalian Changxing Island. The vessel is China’s first newly built dual-fuel VLGC and also COSCO Shipping Group’s first dual-fuel VLGC independently designed and built and flying the five-star red flag.
Is a 27,500 TEU container ship coming?
The 24,000 TEU Megamax class, once regarded as the "ceiling" for container ship size, may soon be surpassed.
Spain Adjusts Shipbuilding Support Rules to Boost Shipyard Industry Recovery
Spain has broadened the provisions of its national shipbuilding financing support framework, permitting approved projects to apply for adjustments to their original subsidy amounts if significant changes occur in the construction contract or financing structure before the vessel is delivered.
Another 16 Vessels Added! Highton Development Is Now Within Striking Distance of 100 Ships
Recently, Fujian Highton Development Co., Ltd. (hereinafter referred to as "Highton Development") announced in its "2026 Plan for Issuing A-Shares to Specific Targets" that, in order to meet fleet expansion needs while maintaining financial prudence, the company plans to raise funds through a share issuance to acquire a total of 16 dry bulk carriers and multi-purpose heavy-lift vessels. This move aims to further expand the company's shipping capacity, optimize its fleet structure, and deepen its global route network.
LNG Leads the Surge as August Alternative-Fuel Newbuilding Orders Hit Two‑Year High
In the first eight months of 2026, shipowners placed a total of 242 orders for alternative-fuel vessels, a 27% increase over the same period in 2025, marking a clear acceleration in ordering momentum this summer compared with last year.