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Aerial view of a chemical tanker under way at sea
Industry

Yangzijiang Maritime Moves Into Stainless Steel Chemical Tankers

Yangzijiang Maritime Development has been linked to an order for four firm plus two optional 28,000 dwt duplex stainless steel chemical tankers at Zhoushan Ningxing Shipbuilding.

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Gas carrier under way at sea
Industry

ADNOC L&S Exercises Options for Two More LNG Carriers at Jiangnan

ADNOC Logistics and Services has exercised options for two further LNG carriers at Jiangnan Shipyard in a $444m order, lifting its LNG fleet to 24 vessels.

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Large LNG carrier under way
Industry

Yangzi Xinfu Delivers China's First Privately Built Large LNG Carrier

Jiangsu Yangzi Xinfu Shipbuilding has delivered Yangze LNG 01, the first large LNG carrier completed by a private Chinese shipbuilder, on a four to five year time charter.

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Vehicle carrier transiting a lock
Industry

Ray Car Carriers Shifts $1bn PCTC Order From Korea to China

Israeli owner Ray Car Carriers is finalising a series of 8,600-car PCTC newbuildings at Guangzhou Shipyard International worth about $1bn, breaking a long reliance on Korean yards.

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Shipyard workers on a vessel under construction
Industry

Hengli Books 207 Ships in Six Months, a Record for a Single Yard

Hengli Heavy Industries took 207 vessel orders in the first half of 2026, an all-time record for a single shipyard, lifting its backlog to about 380 ships through 2030.

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Large vessel under construction in a shipyard dry dock
Industry

China Takes 80% of Container Ship Orders as Korea Fills Slots With Gas

Chinese yards took more than 80% of global container ship orders in the first half, around 380 vessels, while Korean builders filled 2029 slots with LNG carriers and other high-value gas tonnage.

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A large ship under construction in a shipyard dry dock
Industry

Global New Ship Orders Rise 27% Year on Year, Nearing Pre-2008 Peak

Global newbuild orders rose 27% year on year in the twelve months to early August, the fastest growth since the 2008 financial crisis, with the order backlog now at 405.9 million gross tonnes.

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