Shipping
Newbuilding contracting activity rises across shipping sectors
Shipowners are expanding fleets with significant newbuilding orders for tankers and bulk carriers, while secondary market values remain stable amid shifting sector demand.
Topic
Newbuilding
18articles
Tankers
Emarat Maritime expands tanker fleet with six LR1 newbuildings
Dubai-based Emarat Maritime has ordered six 74,000 dwt LR1 product tankers in China, bringing its total newbuilding pipeline to 22 vessels.
Shipping
Golar LNG acquires carrier for fourth FLNG conversion project
Golar LNG has purchased the 2013-built Grace Dahlia from NYK Line for conversion into its fourth floating LNG production unit, with delivery expected in 2029.
Bulk Carriers
World’s first ammonia-powered dry bulk carrier ready for maiden voyage
Belgian shipowner CMB.TECH has completed sea trials for the Mineral Europa, the world's first ammonia-powered dry bulk carrier, marking the start of a 21-vessel decarbonisation programme.
Tankers
Scorpio Tankers advances fleet renewal with newbuilds and sales
Scorpio Tankers has committed $415.6m to four new VLCC and LR2 tankers while divesting older tonnage, continuing its fleet renewal programme.
Shipping
Petronas LNG Ltd. takes delivery of newbuild LNG carrier Puteri Kelantan
Petronas LNG Ltd. has expanded its fleet with the delivery of the newbuild LNG carrier Puteri Kelantan, constructed at Hudong-Zhonghua Shipbuilding to support global energy demand.
Container Shipping
Offen Group eyes containership newbuilding return at GSI
Hamburg-based tonnage provider Offen Group is in discussions for up to four 7,000 TEU containerships at China’s Guangzhou Shipyard International, potentially marking its first newbuilding order in over a decade.
Container Shipping
Maersk reportedly planning major containership order expansion
Maersk is reportedly preparing a significant newbuilding programme that could double its current orderbook, as the carrier seeks to secure future capacity and maintain service coverage.
Shipping
Hybrid-electric propulsion design for next-gen LNG carriers
Lloyd’s Register and South Korean shipbuilders have secured approval in principle for a hybrid-electric LNG carrier design, aiming to enhance efficiency and set new technical standards.
Shipping
Babcock LGE secures contract for four VLGC newbuildings
Scottish engineering firm Babcock LGE will provide gas handling systems for four 88,000 cbm VLGCs being built by Samsung Heavy Industries for Oceonix.
Bulk Carriers
Precious Shipping continues fleet renewal with supramax sale
Thai dry bulk owner Precious Shipping has sold a 2011-built supramax and taken delivery of a new ultramax as part of its ongoing fleet modernisation programme.
Bulk Carriers
CSSC Shipping expands dry bulk fleet with 10 newbuild order
The ship leasing arm of China State Shipbuilding Corporation has ordered ten 80,000 dwt bulk carriers for $481m, marking a significant expansion of its dry bulk portfolio with deliveries set through 2030.
Tankers
Capital Tankers Corp. reports strong second quarter results
Capital Tankers Corp. has posted a $92.9 million net profit for the second quarter of 2026, supported by high TCE earnings and a significant expansion of its modern tanker fleet.
Bulk Carriers
GMI expands hydrogen-powered bulker programme to four ships
Norwegian operator GMI Group has doubled its hydrogen-powered bulker programme to four vessels, supported by significant public funding and new cargo contracts.
Tankers
SK Oceanplant secures order for up to eight aframax tankers
South Korean shipbuilder SK Oceanplant has signed a contract for six 115,000 dwt aframax tankers with a Greek owner, including options for two additional vessels.
Shipowners & Fleet
Greek owner orders four methanol-ready Kamsarmax bulkers in latest fleet renewal move
The vessels will be delivered from 2028 and are designed to allow conversion to methanol fuel at a later date.
Shipowners & Fleet
Asian owner secures LNG carrier newbuilding slots for 2029 delivery
The two 174,000 cbm vessels are earmarked for long-term charter to a gas exporter, according to the owner.
Regulation
Ammonia-fuelled bulk carrier design receives approval in principle
The design places fuel tanks on deck and incorporates safety zones intended to address toxicity risks.