newbuild
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Port News
VLCC asset prices defy gravity as five-year-old tonnage trades above newbuild contracts
The Hormuz crisis has broken the tanker market’s age depreciation curve entirely, with five-year-old VLCCs now trading above the price…
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Port News
Excelerate reroutes newbuild FSRU to Jordan amid Iraq delays
US-listed regasification player Excelerate Energy has secured interim employment for its newest floating storage and regasification unit after delays to…
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Port News
Sinopec books LNG bunker newbuild
China’s Sinopec Clean Energy has ordered a dedicated LNG bunkering vessel at a domestic yard, joining other owners in the…
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Port News
Prokopiou family-linked Beacon Tankers emerges with suezmax newbuild play at Hengli
The Prokopiou family is stepping further into the tanker market with the launch of a new company that has wasted…
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Port News
Costamare confirms boxship newbuild spree backed by COSCO
Greek containership owner Costamare has confirmed a major newbuilding programme in China, tying up 16 vessels on long-term charters with…
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Port News
Euroseas in fresh China newbuild move
Nasdaq-listed Greek owner Euroseas is the latest boxship player to turn to Chinese yards for feeder tonnage, with brokers pointing…
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Port News
Yangzijiang Maritime expands orderbook with 10-ship newbuild deal
Singapore-listed Yangzijiang Maritime Development has moved to deepen its forward fleet with an order for 10 newbuildings spanning tankers and…
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Port News
JHI Steamship deepens tanker push with VLCC newbuild
Greek owner JHI Steamship has stepped further into the crude tanker arena, lining up a VLCC newbuilding in South Korea…
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Port News
Pacific Basin drops methanol dual-fuel orders in newbuild rethink
Hong Kong-listed Pacific Basin Shipping is tweaking its fleet renewal strategy, scrapping near-term dual-fuel orders in favour of conventional tonnage…
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Port News
Advantage Tankers lines up VLCC newbuild brace in China
Geneva-based Advantage Tankers has bolstered its newbuilding portfolio, placing fresh VLCC orders in China as it continues to build out…
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