Hanwha Ocean has signed a major contract for the construction of two ships in the Ulsan-class Batch-IV frigate series, marking the latest phase in South Korea's efforts to modernize its naval fleet. The contract, valued at 839.1 bil..
CMA CGM, a worldly renown French liner, christened its 7,300 teu LNG-powered containership as CMA CGM Adventure. According to CMA CGM's social media post, this eco-friendly containership is the ninth in the series of ten ships th..
TMS Tankers, a leading Greek tanker operator, has recently received two newly built Suezmax crude oil tankers from New Times Shipbuilding (NTS), a prominent Chinese shipyard. The two vessels, Ipanema and Toska, each with a 159,000-dw..
Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has set a new benchmark in the global shipbuilding industry by delivering its 174,000-cbm LNG carrier 'GreenEnergy Pearl' eight months ah..
German ship owner Kontor 17 MPM booked two general cargo ships for construction at a Chinese shipyard. Industry sources indicate that Jiangsu Dajin Heavy Industry is the yard that took the order for constructing two 5,200 dwt newbuil..
On December 3, the newly built liquefied natural gas (LNG) carrier Elisa Ardea was officially delivered. The vessel is owned by France LNG Shipping, a joint venture between NYK and Geogas LNG, and under a long-term charter contract with..
On December 15, 2024, a fixed platform offshore oil production facility constructed by Hanwha Ocean succeeded in producing its first offshore oil. After successfully constructing this fixed platform oil production facility which was ..
The South Korean Navy took delivery of its first 3,600-ton frigate, designed with advanced anti-submarine and anti-aircraft capabilities. The delivery ceremony for the Chungnam was held at the HD Hyundai Heavy Industries (HD HHI) in ..
Three shipbuilding affiliates of HD Korea Shipbuilding & Offshore Engineering (HD KSOE) HD Hyundai Heavy Industries (HD HHI), HD Hyundai Samho and HD Hyundai Mipo secured newbuilding contracts worth $19.367bn from January to Novembe..
On December 17, 2024, COSCO Shipping Offshore(Qidong) was commissioned by COSCO Shipping to construct two Very Large Gas Carriers (VLGCs). According to industry and foreign sources, COSCO Shipping Offshore(Qidong) will be in charge o..
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