RMB 1.874B deal sealed: another Chinese wind turbine maker takes on shipbuilding
Recently, China's renewable energy equipment manufacturer Tianshun Wind Energy (Suzhou) Co., Ltd. (hereinafter referred to as "Tianshun Wind Energy") officially announced its entry into the shipbuilding sector and has secured its first order for Aframax crude oil tankers.
RMB 2.624 Billion! COSCO Shipping Specialized Places Another Order for 8 Heavy‑Lift Vessels
On July 21, 2026, COSCO Shipping Specialized Carriers Co., Ltd. (hereinafter referred to as “COSCO Shipping Specialized” or the “Company”) announced that it plans to have its wholly‑owned subsidiary, COSCO Shipping (Hong Kong) Investment Development Co., Ltd., or its affiliated entities, act as the investment vehicle to build eight 60,000‑tonne multi‑purpose heavy‑lift vessels at CSSC Chengxi Shipbuilding Co., Ltd. The total contract price for the vessels shall not exceed RMB 2.624 billion (excluding tax), with a unit price of no more than RMB 328 million per vessel.
The 'WONTANARA' – A Self-Unloading Champion – Drives Iron Ore Logistics from Guinea to China
On the morning of July 21, CSSC Chengxi Shipyard delivered the world’s first independently developed 41,800 DWT bi-directional sailing self-unloading vessel, the “WONTANARA”, to the Rio Tinto Group.
Shandong Shipping's First 325,000 dwt Methanol Dual-Fuel New Ore Carrier Undocked
Shandong Shipping's First 325,000 dwt Methanol Dual-Fuel New Ore Carrier Undocked
Yang Ming's $1.2 Billion Order Flows Once More to South Korea; Mainland Chinese Shipbuilding Record Remains at Zero
Yang Ming Marine Transport has recently placed an order valued at up to $1.2 billion with South Korea's Hanwha Ocean for the construction of six LNG dual-fuel neo-Panamax containerships.
China's First Domestically Built Submarine Cable Installation Vessel Enters Service
China's First Domestically Built Submarine Cable Installation Vessel Enters Service
Greek Shipping Giants Flock to This Sector! Hengli Heavy Industry Secures Another Major Order
Three major Greek shipowners have recently joined the rush to order Very Large Ammonia Carriers, placing orders for a total of eight newbuildings at Hengli Heavy Industry.
Two Newbuilding Orders Cancelled
Wisdom Marine announced on July 13 the cancellation of the order for two 39,000 dwt high-specification bulk carriers from Japan's Naikai Zosen, originally approved by the company's Board of Directors on March 17 last year.
China Development Bank Financial Leasing Acquires Three Multipurpose Vessels
China Development Bank Financial Leasing Acquires Three Multipurpose Vessels
197 VLCCs Ordered in First Half of 2026: Newbuilding Market Shatters Records Dating Back Nearly 60 Years
197 VLCCs Ordered in First Half of 2026: Newbuilding Market Shatters Records Dating Back Nearly 60 Years