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Keppel O&M orderbook at highest level in 15 years ahead of merger

Feb 03, 2023

Keppel Offshore & Marine’s (Keppel O&M) orderbook stands at its highest level since 2007 ahead of a planned merger Sembcorp Marine (Sembmarine).

Chery in shipyard venture to build its own car carriers

Feb 03, 2023

Chinese automotive manufacturer Chery is going to develop car carrier construction base in Weihai, Shandong province, to meet its growing automobile transportation demands.

Nuclear retrofits technically feasible, economically impractical

Feb 02, 2023

The cost of nuclear power systems makes retrofitting unlikely but the retained value of nuclear material at the end of a ship’s life creates interesting financing propositions.

CSSC appoints new chairman Wen Gang

Feb 02, 2023

China’s largest shipbuilding company, China State Shipbuilding Corporation (CSSC) has announced that Wen Gang become the new chairman of the group.

STX Dalian shipyard rebooted as Hengli Heavy Industry

Feb 02, 2023

Hengli Heavy Industry has relaunched operations at the bankrupt former STX Dalian yard.

LNG carrier under construction at CSSC Jiangnan Changxing.

Record orderbook set to drive unprecedented LNG fleet growth

Feb 01, 2023

An average of more than three new LNG carriers were ordered every week of last year, boosting the orderbook to 323 ships, 49%...

MISC grows LNG fleet with two newbuilds from SHI

Feb 01, 2023

Two new LNG carriers built at Samsung Heavy Industries (SHI) are joining MISC’s fleet for charters to ExxonMobil.

Chinese shipbuilders see 32% drop in newbuild orders in 2022

Jan 31, 2023

Newbuilding orders declined 32% for Chinese shipyards according to the statistics released by China Association of the National Shipbuilding Industry (CANSI).

China Merchants Industry wins CSOV order from Integrated Wind Solutions

Jan 31, 2023

Integrated Wind Solutions has entered into shipbuilding contracts for the construction of two Walk-to-Work Commissioning Service Operations Vessels (CSOV) with China Merchants Industry Holdings.

Currency and plate prices force Pakistani recyclers onto back foot

Jan 30, 2023

Pakistan’s ship recyclers face challenging weeks ahead following the alarming 9% fall in the rupee one day last week and a $64 per tonne collapse in steel plate prices. Elsewhere, the outlook is more positive

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