Hudong-Zhonghua Shipbuilding TotalEnergies is strengthening its LNG bunkering business with up to two newbuilds in China. The French energy major has contracted state-owned Hudong-Zhonghua Shipbuilding to build one firm 18,600 cu m vessel, with options secured for an additional unit. Several shipowners, including Avenir and Japan’s Mitsui OSK Lines (MOL), were in the run toRead More
Wallenius Wilhelmsen Norwegian car carrier operator Wallenius Wilhelmsen has declared options to build four more methanol dual-fuel and ammonia-ready newbuildings in China. The Oslo-listed company ordered four more 9,300 ceu so-called Shaper Class vessels at China Merchants Jingling Shipyard. The options for the ordered vessels are the new options Wallenius Wilhelmsen secured in March whichRead More
US supermajor ExxonMobil has reserved up to four slots for shuttle tanker newbuilds in South Korea. Shipbuilding sources report Samsung Heavy Industries winning a tender for a pair of 150,000 dwt units with delivery in June and December 2027 and options attached for two more newbuilds. Samsung is the biggest builder of these vessels thatRead More
GSI Norwegian owner and sale and leaseback player Ocean Yield has struck a deal with New York-listed petrochemicals firm Braskem to buy a quartet of LR1 product carrier newbuildings backed by 15-year bareboat charters with a dayrate linked to vessel’s carbon emissions. “To the company’s knowledge, this is the first sustainability-linked transaction in the maritimeRead More
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