While the world boxship fleet grew little in 2020, new orders in the final days of the year are unlikely to upset the supply and demand balance for now

ABB Marine & Ports believes the industry needs to see the bigger picture — the focus on public health and protection of the environment. That will show which digital solutions should be prioritised

Total secondhand and resale acquisitions by Greek buyers last year numbered 233 vessels for an aggregate amount of $3.6bn, ahead of Chinese owners who acquired 179 vessels for an aggregate of $2.7bn

There has been a spate of very large gas carrier orders in recent months on the back of strong freight rates. There is however also strong competition from Chinese yards for these vessel types

Supported by fast-growing intermodal networks, a containerised model is deemed as a cleaner and more efficient way to haul energy commodities and raw materials to the inland cities, to which China is shifting its manufacturing bases from the coastal area

The 93,000 cu m, dual-fuel gas tankers are the fourth-generation VLGC series, the Panda 93P, designed by the shipbuilder. They will be used to support Oriental Energy’s $5.7bn petrochemical project in the southern port city of Maoming

Shell is said to be considering the high pressure, ME-GI main engine, which can almost eliminate the methane slip from liquefied natural gas, for its dual-fuel VLCC newbuilding project in South Korea. But one big shortcoming of more advanced technology is: it’s expensive

It remains to be seen how China’s shipbuilders will collaborate with compatriot leasing lenders to consummate the deals

China has long sought to support the basic strategic goal of more Chinese cargo being carried by more Chinese ships, but never quite managed to pull it off. The shifting economic conditions, however, may well present the perfect opportunity to finally cement ‘guohuo guoyun’ as a reality and China’s shipyards will be reaping the rewards

The head of shipbuilding at Japan’s transport ministry outlines the country’s roadmap to zero-emission ships, and offers views on industry consolidation and state subsidies

Ongoing Saudi strategy to flood the market with oil sees Bahri charter in another two VLCCs within five days

Demand for both LNG carrier and large containership newbuildings this year may fall short of expectations due to the coronavirus outbreaks