Japan to Invest Another US$635 Million to Advance Its Shipyard Revitalization Plan
Recently, Japan approved the second batch of investment plans under its Shipbuilding Revitalization Fund, granting up to 98 billion yen (about US$635 million) in additional government subsidies to five shipyard groups.
Four 4300TEU Ships! Construction Begins on Ningbo Ocean Shipping's Largest Container-Capacity Ships
On September 11, the first of Ningbo Ocean Shipping's 4300TEU container ships was laid down at the Longxue yard of CSSC Huangpu Wenchong Shipbuilding Company Limited, marking that the batch of four container ships with the largest container capacity in Ningbo Ocean Shipping's history has entered the substantive construction stage.
Hubei Guangji New Energy Shipbuilding Secures 2+2+2 Multipurpose Vessel Order from Singaporean Shipowner
Recently, Singapore-based Wealth Holdings finalized its third batch of multipurpose vessel newbuilding projects this year, signing with China’s Hubei Guangji Green Energy Shipyard for up to six 25,000 dwt vessels.
Jiangmen Nanyang Wins Another New Order from Swiss Shipowner, with Orderbook Booked Through 2030
Recently, Swiss dry bulk shipowner Suisse-Atlantique placed an additional order for two 40,500 DWT open-hatch bulk carriers at Jiangmen Nanyang Ship Engineering Co., Ltd. With this latest order, the shipowner’s total bulk carrier orderbook at Jiangmen Nanyang has increased to seven vessels. All the new vessels are scheduled for delivery progressively between the third quarter of 2028 and the first quarter of 2029.
Aegean Shipping Management’s order at Hengli Heavy Industries has increased to five vessels.
Greek ship management company Aegean Shipping Management has increased its tanker order at China’s Hengli Heavy Industries to five vessels, comprising three LR2 tankers and two very large crude carriers (VLCCs).
Old Kaiser Shipyards Site in the U.S. Reborn
Recently, a new American shipbuilding company has begun operations on the Columbia River, restarting part of the historic Kaiser Shipyards site. Rebuilding U.S. shipbuilding capacity is now a priority for the Trump administration.
Buys 2 More Chemical Tankers! Germany’s Ernst Russ Accelerates Diversification
On September 9, Germany’s Ernst Russ officially announced that it would purchase two more 18,500 dwt chemical tankers built at Wuhu Shipyard, increasing its tanker fleet to six vessels and continuing its diversification strategy.
Dalian Heavy Industry: Plans to Invest RMB 2.639 Billion to Renovate Its Port Machinery Base
The source text repeats the same passage twice; the following is a single English translation. On the evening of September 9, Dalian Huarui Heavy Industry Group Co., Ltd. (hereinafter “Dalian Heavy Industry”) released an announcement stating that the Company plans to use its own funds or self-raised funds to invest in and build the Port Machinery Relocation and Intelligent Upgrade Project.
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.