Shipbuilding News

Containership Orders at Record Levels with New Order Linked to MSC  

Published Jan 24, 2022 3:19 PM by The Maritime Executive

After a record year for containership construction orders, 2022 is starting strong with China reporting a first large order. The c...


Russia’s First LNG-Fueled Icebreaker to be Built at Helsinki Shipyard

Published Jan 21, 2022 1:47 PM by The Maritime Executive

Preparations are beginning for the construction of Russia’s first LNG-fueled icebreaker. The vessel, which will also be the...


MPC Leverages Hanjin Relaunch for Feeder Ship Order with Fast Delivery

Published Jan 17, 2022 1:53 PM by The Maritime Executive

Germany’s MPC Capital looking to take advantage of opportunities in the containership feeder ship market confirmed that it i...


EU Formally Rejects South Korean Shipyard Merger Over LNG Concerns

Published Jan 13, 2022 2:12 PM by The Maritime Executive

The European Commission confirmed its opposition to the proposed acquisition of Daewoo Shipbuilding & Marine Engineering by Hy...


Fincantieri Begins Construction on the Largest LNG Barge in the U.S.

Published Jan 11, 2022 7:06 PM by The Maritime Executive

Fincantieri Bay Shipbuilding has started construction on the largest LNG bunkering barge ever built in the United States. The unit...


Report: EU Will Move This Week to Block Korean Shipyard Merger

Published Jan 11, 2022 4:25 PM by The Maritime Executive

With the European Commission less than two weeks away from its scheduled deadline to announce a decision on the proposed merger of...


Genting’s German Shipyards File for Bankruptcy

Published Jan 10, 2022 3:19 PM by The Maritime Executive

The German shipyard operations of Genting Hong Kong filed for bankruptcy on January 10 after last-minute talks between the Malaysi...


Maersk Exercises Option for Additional Methanol-Fueled Containerships

Published Jan 10, 2022 1:04 PM by The Maritime Executive

Maersk is contracting for four additional 16,000 TEU container ships from Hyundai Mipo shipyard as part of its order for new vesse...


Chinese Shipbuilding Starts 2022 with Record LNG Carrier Order

Published Jan 7, 2022 7:44 PM by The Maritime Executive

China’s shipbuilding industry is reporting a strong start to 2022 with a record-setting order and growth in the important LN...


Genting’s MV Werften Nears Insolvency With German Aid Stalled

Published Jan 7, 2022 1:41 PM by The Maritime Executive

Genting Hong Kong’s German shipbuilder MV Werften is reportedly teetering on the brink of insolvency as the company fin...

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