Topic
order
Logistics Tsakos Joins Greek Capesize Ordering Wave at Hengli Heavy Industries
Tsakos Group has contracted two 180,000 dwt capesize bulk carriers at China's Hengli Heavy Industries for about $78m each, with delivery in 2028. The order joins a wave of Greek dry bulk ordering at the yard, including Cape Shipping's separate deal for up to three similar vessels. The moves signal renewed Greek interest in capesize tonnage.
Logistics Everllence Lands First Order for Next-Gen Methane Dual-Fuel Engine on Car Carriers
Everllence has received the world's first order for its new B&W ME-GI Mk10.7 dual-fuel methane engine. The engines will power four 8,600 CEU car carriers being built for Norwegian owner Global Car Carriers (GCC), with manufacturing by CSSC Engine in Qingdao and installation at China Merchants Jinling Shipyard in Nanjing. The engine promises high fuel efficiency, operational flexibility, and negligible methane slip.
Trade Sigma Advanced Systems Secures Rs 208 Crore Artillery Shell Bodies Export Order from North America
Sigma Advanced Systems has secured a US$21.97 million (approx Rs 208 crore) export order to manufacture and supply 40,000 units of 155 mm M107 artillery shell bodies to a North American customer. The order, to be executed over six months, requires advanced metallurgical expertise and export clearance from India's Department of Defence Production.
Logistics Zhejiang Yonghang orders up to six ultramax bulkers at Yangfan Group
Chinese owner Zhejiang Yonghang Shipping has contracted with Yangfan Group for up to six ultramax bulk carriers, with four firm and two optional vessels. The 64,500 dwt ships, designed by SDARI, will be Chinese-flagged and meet latest environmental rules. Estimated newbuild cost is around $34m per vessel. This follows Yangfan Group's recent containership order from Baozhou Shipping.
Logistics Pleiades Expands Fleet with New MR Tanker Order in China
Greek owner Pleiades Shipping has placed an order for two MR tankers at Guangzhou Shipyard International, with deliveries set for late 2028. This move is part of a broader trend in the MR sector, with significant global orders impacting fleet capacity.
Manufacturing BHEL wins Rs 2,000 crore order from Nigerian firm
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Logistics COSCO Expands LNG Fleet with $953m Order at Jiangnan
COSCO Shipping Energy has placed a $953 million order for four LNG carriers at Jiangnan Shipyard, enhancing its LNG fleet. The vessels, scheduled for delivery between 2029 and 2030, are expected to be chartered by Shell.
Logistics BW LPG's $940m VLGC Order Signals Market Confidence
BW LPG has placed a $940 million order for eight VLGCs with HD Hyundai Heavy Industries, marking a strategic shift towards newbuilds. This move underscores BW LPG's confidence in the LPG market's long-term fundamentals.
Logistics Wah Kwong Orders LR2 Tankers at DSIC for Fleet Renewal
Wah Kwong Maritime Transport has ordered two LR2 tankers from DSIC, with options for two more, as part of its fleet renewal strategy. The vessels will include energy-efficiency upgrades and future-fuel readiness.