Topic
vessels
Logistics Big Boxships Flood into Mediterranean Trades as Vessel Sizes Nearly Double
The number of containerships exceeding 8,000 TEU in Mediterranean trades has risen from nine to 16 over the past year, a 78% increase, according to Alphaliner. MSC operates nine of these large vessels, while COSCO and Hapag-Lloyd also increase deployments. The 9,962 TEU Maersk Sirac now holds the record as the largest boxship in the region.
Logistics Hong Kong Firm Synelysia Orders Eight Feeders at Xinle
Synelysia Limited, a new Hong Kong company, has ordered up to eight feeder containerships at Xinle Shipyard. The vessels are expected to be delivered starting in 2028, with each ship costing approximately $32 million.
Logistics Purus Expands LNG Fleet with New Samsung Order
Purus Marine is linked to a new LNG carrier order at Samsung Heavy Industries, expanding its fleet. The $252m contract for a 174,000 cu m vessel is set for delivery in January 2029.
Logistics Huaxia Financial Leasing Seeks Yard Slots for Six Newcastlemaxes
Huaxia Financial Leasing is seeking yard slots for six newcastlemax bulk carriers, marking a significant expansion in the dry bulk sector. The Beijing-based company has launched a tender for vessels with a price cap of $79.5 million each.
Logistics Pingtan Minghui Ventures into Tanker Market with New Orders
Pingtan Minghui Shipping, traditionally a dry bulk carrier, has ordered two LR2 tankers, marking its entry into the tanker sector. The vessels, built by Taizhou JianXing Heavy Industry, are set for delivery in 2028.
Logistics Thenamaris Expands Tanker Fleet with New Orders
Thenamaris has expanded its tanker fleet by ordering new vessels in South Korea and China. The company has confirmed orders for MR2 product tankers and aframax/LR2 tankers, enhancing its market presence.
Logistics VLCC Orderbook Reaches Record High Amid Fleet Renewal
The VLCC orderbook has reached a record high, with 262 units on order, driven by fleet renewal needs. This surge in orders could impact freight rates and market dynamics, as older vessels are phased out.
Logistics BGN Expands LPG Fleet with New HD Hyundai VLGCs
BGN has ordered two new VLGCs from HD Hyundai, expanding its LPG fleet to 19 vessels. This move strengthens BGN's position in the LPG shipping sector.
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.
Logistics Global Ship Lease Orders 10 New Boxships for $917 Million
Global Ship Lease has ordered 10 new containerships worth $917 million, marking a strategic shift towards newbuilds. The vessels, set for delivery between 2028 and 2030, will enhance the company's fleet with ultra-high-reefer capabilities.
Logistics Jinhui's Strategic Fleet Renewal with Newbuild Orders
Jinhui Shipping and Transportation has ordered two new dry bulk vessels from Jiangmen Nanyang Ship Engineering in China, valued at $68.3 million. This move aligns with Jinhui's strategy to modernize its fleet by replacing older vessels.