Orderbook Hits 30 Vessels! Venergy Firms Up Suezmax Tanker Options at Hengli Heavy Industries

Greek shipowner Venergy Maritime has confirmed two additional Suezmax tanker newbuildings at Hengli Heavy Industries, bringing its series orders at the Dalian shipyard to four and expanding its overall newbuilding programme to 30 vessels.

After Securing Orders for 12 Warships, Hyundai Heavy Industries Group Deepens Shipbuilding Cooperation with the Philippines

Recently, after securing orders for 12 naval vessels and expanding its civilian shipbuilding business in Subic Bay, South Korean shipbuilding group HD Hyundai is further deepening its shipbuilding cooperation with the Philippines.

China's first 88K dual-fuel Very Large Gas Carrier (VLGC) named

On September 8, the “Changping Yuan,” an 88,000 cubic meter Very Large Gas Carrier (VLGC) newly built by Dalian Haineng under COSCO Shipping Energy, was named at COSCO Shipping Heavy Industry (Qidong) and officially joined the liquefied petroleum gas (LPG) and chemical tanker fleet registered in Dalian Changxing Island. The vessel is China’s first newly built dual-fuel VLGC and also COSCO Shipping Group’s first dual-fuel VLGC independently designed and built and flying the five-star red flag.

Is a 27,500 TEU container ship coming?

The 24,000 TEU Megamax class, once regarded as the "ceiling" for container ship size, may soon be surpassed.

Spain Adjusts Shipbuilding Support Rules to Boost Shipyard Industry Recovery

Spain has broadened the provisions of its national shipbuilding financing support framework, permitting approved projects to apply for adjustments to their original subsidy amounts if significant changes occur in the construction contract or financing structure before the vessel is delivered.

Another 16 Vessels Added! Highton Development Is Now Within Striking Distance of 100 Ships

Recently, Fujian Highton Development Co., Ltd. (hereinafter referred to as "Highton Development") announced in its "2026 Plan for Issuing A-Shares to Specific Targets" that, in order to meet fleet expansion needs while maintaining financial prudence, the company plans to raise funds through a share issuance to acquire a total of 16 dry bulk carriers and multi-purpose heavy-lift vessels. This move aims to further expand the company's shipping capacity, optimize its fleet structure, and deepen its global route network.

LNG Leads the Surge as August Alternative-Fuel Newbuilding Orders Hit Two‑Year High

In the first eight months of 2026, shipowners placed a total of 242 orders for alternative-fuel vessels, a 27% increase over the same period in 2025, marking a clear acceleration in ordering momentum this summer compared with last year.

Ren Yuanlin has ordered another 12 vessels

Yangzijiang Maritime Development Co. (hereinafter referred to as “Yangzijiang Maritime”),owned by Ren Yuanlin, has recently signed contracts with two Chinese shipyards for up to 12 newbuildings, continuing its fleet expansion spree spanning bulk carriers, product tankers and chemical carriers.

10 vessels, $1 billion: as car carrier capacity tightens, shipowner makes first-ever Chinese shipyard order

On September 2, China Shipbuilding Industry Corporation (hereinafter referred to as "China Shipbuilding") announced that its subsidiary, Guangzhou Shipyard International Co., Ltd. (hereinafter referred to as "GSI"), together with China Shipbuilding Trading Co., Ltd., signed newbuilding contracts on September 1, 2026 with a well-known shipowner for ten 8,200-CEU LNG dual-fuel pure car and truck carriers (PCTCs). The total contract value exceeds US$1 billion, with deliveries scheduled between 2029 and 2031.

Samsung Heavy Industries has received an order for two 13,000 TEU container ships

On August 31, Samsung Heavy Industries disclosed that it had received an order for two container ships from an African shipping company, with a total value of KRW 444.5 billion (approximately USD 330 million), scheduled for delivery by December 2028.