Yangzijiang cashes in US$308 million with sale of six newbuildings

Ren Yuanlin’s Yangzijiang Maritime Development has recently signed shipbuilding sales contracts for six newbuildings.

+12 Vessels! Wallenius Wilhelmsen Advances PCTC Newbuilding Program

Wallenius Wilhelmsen is continuing to advance its large-scale fleet renewal program. The company announced that it has recently signed an agreement with China Merchants Jinling Shipyard to order 4+8 9,900 CEU next-generation car carriers. If all options are exercised, the company’s ongoing newbuilding program will increase to 26 vessels.

Singapore’s Seatrium secures over S$500 million order to complete construction of four Keppel drilling rigs

Recently, Singapore-based offshore engineering company Seatrium and RigCo, a subsidiary of Keppel, reached a project agreement worth more than S$500 million (about US$391 million) to complete the construction of four offshore drilling rigs. The two parties have issued a joint statement.

+6 3,100 TEU container ships! South Korea’s KMTC and Huangpu Wenchong officially sign the contract

On October 26, CSSC Huangpu Wenchong and Korea Marine Transport Co., Ltd. (KMTC) officially signed a construction contract for six 3,100 TEU container ships in Guangzhou.

+6 Ships! This Korean Shipowner Places Its First Order in China

On October 26, CSSC Huangpu Wenchong Shipbuilding Co., Ltd. (hereinafter “Huangpu Wenchong”), together with China Shipbuilding Trading Co., Ltd., and Korea Marine Transport Co., Ltd. (KMTC) officially signed a construction contract in Guangzhou for six 3,100 TEU container ships.

+2 1,928 TEU Container Ships! Vietnam’s Hai An Continues to Place Orders

Vietnam’s HAI AN TRANSPORT AND STEVEDORING (hereinafter referred to as “Hai An”) recently disclosed that it has approved a US$70 million investment in Huangpu Wenchong to build two 1,928 TEU container ships, scheduled for delivery in late October and November 2029, respectively.

MSC Acquires Bankrupt Shipyard! €138 Million to Restart the Shipyard

Mediterranean Shipping Company (MSC) has confirmed that it will jointly acquire Romania’s bankrupt Mangalia Shipyard with German defense giant Rheinmetall for €138 million, aiming to revitalize one of Europe’s largest shipbuilding facilities.

China Merchants Energy Shipping Names and Delivers the “Hanrong”

On October 16, the naming and delivery ceremony for the 7,800-CEU methanol dual-fuel Ro-Ro vessel “CM WUHAN” (“Hanrong”), ordered by China Merchants Energy Shipping, was held in Nantong, Jiangsu.

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.