Tag: newbuildings

According to Xclusiv Shipbrokers, the first half of 2025 has marked a distinct departure from the aggressive newbuilding momentum witnessed over the last two years.

DNV data reveals that ordering of alternative-fuelled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market.

Egypt’s National Navigation Company has signed to build two new kamsarmax vessels at China’s Hantong Shipyard, as part of efforts to modernize and expand the national fleet.

Japan is moving to revive its declining shipbuilding industry, once a global leader but now far behind China and South Korea.

X-Press Feeders Group signed on 18 June two agreements with COSCO SHIPPING Lines, for expanding network coverage, strengthen mainline-feeder coordination and improve service reliability.

Orders for ships declined sharply in early 2025 to historically low levels as shipowners hesitate to make long-term investments, says Drewry.

Union Maritime will take delivery of a new Long Range 2 (LR2) tanker, Brands Hatch, featuring a wind propulsion system by BAR Technologies. 

Veson Nautical takes a look at the Norwegian fleet which is currently valued at USD 66.2 bn, using VesselsValue data. 

Drewry finds that the multipurpose vessel (MPV) market is facing heightened volatility as it contends with acute geopolitical disruptions and deep-rooted structural shifts.

On May 12, 2025, JR Shipping Group announced it has ordered two advanced, diesel-electric 8,500-ton ECO short sea dry cargo vessels from Chowgule Shipbuilding in India.