Korean shipping major Korea Line Corporation (KLC) has placed USD 487 million worth of orders for four bulk carriers and two liquefied natural gas (LNG) carriers.
Dutch coastal shipping company Thun Tankers, part of the Gothia Tanker Alliance, has contracted four 17,500 dwt IMO II product/chemical tankers to be built at China’s Avic Dingheng Shipbuilding.
South Korean shipbuilder Hyundai Heavy Industries (HHI) reported USD 2.04 billion-worth of newbuilding orders in the first quarter of 2017, up by 22.9 percent when compared to the corresponding figures from last year.
Finland’s technology group Wärtsilä and COSCO Shipping Heavy Industry Co (CHI) have joined forces in the development of a natural gas operating fleet concept, a design which has now received Lloyd’s Register’s (LR) Approval in Principle (AiP) certificate.
Italian shipbuilding company Fincantieri signed on Wednesday the Heads of Terms for the acquisition of shares in STX France with the French State, represented by the Agence des Participations de l’Etat (APE).
Finland-based ferry company Viking Line signed a conditional shipbuilding contract with China’s Xiamen Shipbuilding Industry for a new passenger cruise ship, with an option for an additional vessel.
Japan’s Kawasaki Heavy Industries (KHI) is to shift merchant ship construction from Japan to China and reduce the scale of its domestic business by 30% while trying to establish itself as a specialist for gas carriers and gas-powered vessels.
US-based Philly Shipyard (PSI) has delivered the American Freedom, the second of four next generation 50,000 dwt product tankers that the company is building for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan.
Dutch shipping company Wijnne Barends, a part of the Spliethoff Group, has placed an order for the construction of six energy-efficient vessels at the Indian shipyard Chowgule & Company.
Miami-based expedition vessels provider SunStone Ships has reached an agreement with China Merchants Industry Holdings (CMIH) for the construction of up to ten expedition vessels.
