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Latest From Shipbuilding
Extension will help Yang Ming bolster its fleet capacity before the delivery of several newbuildings that it plans to order
Singapore-based shipyard has delivered seven out of 12 projects scheduled for delivery this year
Ukraine minister says grain exports to reach 3m tonnes in September | JCC sees surge in inquiries to ship grains from Ukraine | Seaspan rejects force majeure from Chinese yard
Seaspan has more than 50 ships, whose sizes range from 7,000 teu to 24,232 teu, on order with Chinese yards. Softening freight rates could prompt carriers to take advantage of postponed deliveries and seek renegotiate or cancel the existing charterparty
Both vessels will go straight to BW LNG’s clients. BW ENN Snow Lotus will be delivered to ENN, and BW Cassia will handed over to BP
Investment financed from own funds and bank loans, says Attica
Latest From Yard Talk
Chinese yards are facing challenges from South Korean competitors, which have pledged to reach carbon neutrality by 2050. They are expected to be burdened with extra technical requirements and financial costs driven by China’s decarbonisation strategy
Industry expert suggests China should first create a road map from the top that carefully assesses the feasibility of different fuel options and design a suitable pathway towards green shipping
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
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