Shandong Shipping orders 10 capesize newbuilds at SWS

Shanghai Waigaoqiao Shipbuilding (SWS) has won an order for 10 capesize dry bulk newbuildings from China state-owned Shandong Shipping Corporation.

Pioneer Marine cancels last two newbuilds at China yard

Dry bulk shipowner Pioneer Marine has cancelled its last two newbuildings at Yangzhou Guoyu Shipyard.Pioneer Marine...

First UK dual-fuel newbuilds get Wärtsilä engines

Wärtsilä has inked a deal with Caledonian Maritime Assets Ltd (CMAL) to supply propulsion for the...

Cefor: Insurance Claims for Chinese Newbuilds Most Frequent

Vessels built in China have a higher claims frequency than those of other major shipbuilding nations, according...

Wartsila bags CSCL newbuilds engine contract

Wartsila has won a contract to supply engines for eight 13,500 teu containerships ordered by China Shipping...

Bahri inks $380m in Islamic financing for VLCC newbuilds

The National Shipping Company of Saudi Arabia (Bahri) has raised SAR1.425bn ($380m) in Islamic financing to pay for five VLCC newbuildings. ...

Navigator Nabs USD 290 Million Loan to Finance Six Newbuilds

Owner and operator of handysize liquefied gas carriers Navigator Holdings Ltd. entered into a loan agreement with a group of lenders securing USD 290 million to finance purchase of six newbuild gas carriers. ...