Breaking News

Ship For Sale

Operations in China’s shipyards significantly slower

The lockdowns have devastated shipyards, and increased activity were observed outside of the country The current situation in China resulted in shipowners preferring secondhand vessels. Allied Shipbroking in their latest findings revealed Shanghai’s lockdown resulted in vessel maintenance works flowing outside of the republic. More activity outside of China It …

Read More »

China’s shipbuilding poised for another tight competition

Shipbuilding competition between China and Korea will only get more intense Competition among both China and Korea is supremely tough for newbuildings. While China is actively taking orders, it has the capacity to undertake the projects – unlike its rival who is frantically gathering manpower to address the load, including …

Read More »

DSME invigorates its value through autonomous ships

The Korean shipbuilder may be enhancing its value to make it more difficult to acquire The Korean Register (KR) signed a memorandum of understanding (MOU) with Daewoo Shipbuilding & Marine Engineering Company Ltd (DSME) to jointly research the development of Maritime Autonomous Surface Ships (MASS) technology. This came shortly after …

Read More »

Shipbuilding suspensions in Europe create a window for China

China is in a perfect place to reclaim its top spot in the newbuilding charts The West Sanctions are changing the game for shipbuilding, starting with Europe’s softening. Finland’s Wartsila, a leading ship engine maker took the lead by suspending Russian business while German counterpart MAN Energy Solutions is reviewing …

Read More »