Yangzijiang wins order for five bulk carriers
China’s Yangzijiang Shipbuilding has clinched new orders to build five bulk carriers for Asian shipowners, bringing the shipbuilder’s value of new order contracts to a total of $395m.
Clarksons: A Quarter of Ships on Order to Be Fitted with Scrubbers
The time of the wait and see approach to the 2020 sulphur cap is over as owners and operators have realized...
S. Korean Shipbuilders rack up orders
Korean shipbuilders inked more orders than anyone else in May, overcoming stiff competition from Chinese competitors while Japanese companies trailed behind.
China Rumored to Win Mega-Container Ship Order
China Daily reports that CMA CGM has chosen Chinese yards to build nine of the world’s largest container ships.
Wan Hai Bins Order for Eight Feeders
Taiwan’s shipping company Wan Hai Lines has decided to terminate a shipbuilding contract for eight feeder...
Does a Shipowner Have to Sell Its Ship in Order to Mitigate Its Loss? Supreme Court Says No!
In our client alert Does a shipowner have to sell its ship in order to mitigate its loss? in November 2016,...
Samsung Heavy bags US$240 mln order for 2 shuttle tankers
Samsung Heavy Industries Co., a major shipbuilder here, said Monday that it has clinched a US$240 million deal...