Shipbuilding Corporation News

A flourishing cruise market and European shipbuilders’ unerring contractual success in the sector has taken orderbooks into the middle of the next decade, ensuring production continuity and underpinning fresh capital expenditure and R&D commitments by the continent’s foremost players.Just how important the segment is to the industry and supply chain may be gauged from the fact that at least three-quarters of the value of European yards’ commercial orderbooks is attributable to…

The Grimaldi Group has taken delivery of the new PCTC Grande Seoul.Built by Shanghai Waigaoqiao Shipbuilding Company Limited (SWS) and China Shipbuilding Trading Company (CSTC) – both part of China State Shipbuilding Corporation (CSSC) – the vessel is the Italian group’s ninth ammonia-ready unit.With a length of 200 meters, a beam of 38 meters, and a gross tonnage of approximately 77,500 tonnes, the Grande Seoul has been designed for the efficient transport of vehicles (cars, SUVs, vans, etc.), both electric and powered by traditional fuels, as well as any other type of rolling cargo.

Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with Australian companies NH3 Clean Energy (NH3) and Oceania Marine Energy to advance development of clean ammonia bunkering operations in the Pilbara region of Western Australia.The MoU aims to establish collaboration with NH3 and Oceania on the Pilbara Clean Fuels Bunkering Hub initiative, which is Australia's first ammonia bunkering concept announced by the Pilbara Ports Authority in June 2025.MOL will…

The Grimaldi Group has taken delivery of the Grande Auckland, the second of seven PCTCs commissioned from Shanghai Waigaoqiao Shipbuilding Company Limited (SWS) and China Shipbuilding Trading Company Limited (CSTC) – two companies that are part of China State Shipbuilding Corporation Limited (CSSC).With a length of 200 meters, a beam of 38 meters, and a gross tonnage of around 77,500 tons, the Grande Auckland has been designed for the transport of vehicles — cars, SUVs, vans,…

Hong Kong-based Luda Technology Group subsidiary, Luda (Taian) Industrial Company, has signed a series of strategic cooperation agreements with several Chinese shipbuilders, including China State Shipbuilding Corporation (CSSC), Haiting (Nantong) Shipbuilding Company, and COSCO Shipping Heavy Industry Company, to jointly manufacture specialty-material flanges and pipe fittings for ammonia-fueled vessels.This initiative contributes to the Chinese shipbuilding industry's efforts…

The merger between China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC), underway since 2019, has been completed following a share-swap deal.The result is the world’s largest shipbuilding group with an orderbook of more than 530 vessels, about 17% of the global market and including commercial, defense and offshore engineering.Local media reports indicate the group will be positioned to take a stronger lead in high-value and green shipbuilding…

Mitsui O.S.K. Lines, Ltd. (MOL) has reached an agreement with ITOCHU Corporation to conduct ammonia bunkering demonstrations in Singapore.MOL and ITOCHU will demonstrate ship-to-ship ammonia bunkering using their owned ammonia bunkering vessel and ammonia dual-fuel Capesize bulkers.Through the demonstrations, which are planned to be carried out in the second half of 2027, MOL and ITOCHU aim to promote the early implementation of ammonia bunkering vessels and ammonia-fueled vessels.MOL will jointly own three ammonia dual-fuel Capesize bulkers with Belgium-based CMB.TECH NV…

Italian shipping firm Grimaldi Group has welcomed the second ammonia-ready pure car and truck carrier (PCTC), Grande Tianjin, from Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation Limited (CSSC).The delivery of a 9,000-car capacity PTCT built for Grimaldi Group also marks SWS's 600th vessel or offshore platform since its inaugural delivery, the 150,000-ton Floating Production Storage and Offloading (FPSO) unit Hai Yang Shi You 111, in 2003.The Grande Tianjin is compatible with electric vehicles…

Russia's only aircraft carrier, the 40-year-old Admiral Kuznetsov, is likely to be sold or scrapped, the chairman of Russia's state shipbuilding corporation told the Kommersant newspaper in comments published on Friday.Andrei Kostin's remarks follow a report in the daily Izvestia newspaper earlier this month, which cited unnamed sources as saying long-running refit and maintenance work on the warship had been suspended.Launched in 1985 when the Soviet Union still existed, the Admiral Kuznetsov saw action in Russia's military campaign in Syria in support of then-President Bashar al-Assad…

Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation Limited (CSSC), has delivered the ultra-large 23,876 TEU LNG dual-fuel container ship CMA CGM Seine.The vessel is the world's first ultra-large dual-fuel container ship, and it can hold 18,600 cubic metres of LNG in a Mark III membrane tank which enables it to sail nearly 20,000 nautical miles.The vessel is 399 meters long and 61.3 meters wide. It can accommodate up to 2,200 standard refrigerated containers.Seine is the first of four such vessels ordered by CMA CGM.

Russia's second-largest lender VTB's deal to acquire the Zvezda shipbuilding yard from oil company Rosneft is now dead because the VTB-owned United Shipbuilding Corporation (USC) cannot finance the acquisition, VTB CEO Andrei Kostin said on Tuesday.VTB is currently running USC, Russia's largest shipbuilder, which operates about 40 shipyards, design offices and repair yards across Russia, employing 95,000 staff.VTB said in December of last year that it was in talks with Rosneft over the Zvezda acquisition…

Swiss marine power company WinGD’s first methanol-fueled engine is to be delivered to shipyard after passing factory and type approval tests, ahead of installation in 16,000 TEU container ship.The ten-cylinder, 92 bore X-DF-M engine is said to be the biggest methanol-fueled engine built to date.There are 56 X-DF-M engines on order across bore sizes ranging from 52 to 92, in similar cylinder configurations and engine rating fields as diesel-fueled X-Engines.The addition of methanol…

QatarEnergy has selected the joint venture of Japan’s Mitsui O.S.K Lines (MOL) and China’s COSCO Shipping LNG Investment (Shanghai) (CSLNG) to own and operate six QC-Max size LNG vessels.The six vessels will be built in China by Hudong-Zhonghua Shipbuilding Group, a subsidiary of China State Shipbuilding Corporation (CSSC).These vessels are the last batch of the 128 LNG vessels in QatarEnergy’s historic ship building program, made up of 104 conventional and 24 QC-Max size ultra…

Russia's second largest lender VTB will acquire the Zvezda shipbuilding yard from oil company Rosneft but the deal is still in its early stages, VTB CEO Andrei Kostin told Reuters.VTB is currently running Russia's United Shipbuilding Corporation (USC), Russia's largest shipbuilder, which operates about 40 shipyards, design offices and repair yards across Russia, employing 95,000 staff."The deal is at the very beginning. There are basic agreements.

The shipping industry is looking into ammonia as an alternative fuel for powering ships, amid other ongoing plans to cut carbon emissions and achieve net-zero by 2050.Here is a list of companies with ammonia-fuelled ship projects:NIPPON YUSEN KAISHA (NYK)NYK, with IHI Power Systems and Nippon Kaiji Kyokai (ClassNK), completed the world's first ammonia-fuelled tugboat, Sakigake, on Aug. 23. The vessel will operate in Tokyo Bay for three months.NYK is also building the world's first ammonia-fuelled medium gas carrier…

QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of six additional QC-Max vessels, bringing the total number of LNG vessels on order under its fleet expansion program to 128, including 24 QC-Max mega vessels.The QC-Max vessels, which will be built at China’s Hudong-Zhonghua Shipyard, a wholly-owned CSSC subsidiary, are the largest LNG vessels ever built with a capacity of 271,000 cubic meters each. The new advanced carriers…

QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its LNG fleet expansion program.The new vessels, with a capacity of 271,000 cubic meters each, will be constructed at China’s Hudong-Zhonghua Shipyard, a CSSC wholly-owned subsidiary, and will feature state of the art technological innovation and environmental performance.Eight of the 18 QC-Max size LNG vessels will be delivered in 2028 and 2029…

MAN Energy Solutions reports it has received an order for three MAN 6L21/31DF-M (Dual Fuel-Methanol) GenSets capable of running on methanol in connection with the construction of a 7,990 dwt IMO Type II chemical bunker tanker.The dual-fuel engines will form part of a diesel-electric propulsion system on board the vessel with electrical motors driving twin fixed-pitch propellers via gearboxes; an onboard battery-storage system will optimize the use of the dual-fueled generators.

NYK Line has ordered a crew transfer vessel (CTV) for offshore wind industry from Kosaba Shipbuilding Corporation, the first such order the company placed to a local Japanese shipyard.Following delivery in late 2025 or 2026, the vessel will be used to transport technicians to construct and maintain offshore wind power generation facilities offshore Japan.The vessels will be 28 meters long, and capable of accommodating 12 passengers.By expanding its fleet of CTVs, NYK aims to play an active role in promoting sustainable energy.

CMA CGM has lined up several of its existing containerships for conversion to dual-fuel methanol propulsion.The French ocean carrier has signed contracts with China State Shipbuilding Corporation’s (CSC) Qingdao Beihai Shipbuilding to carry out the conversions starting from mid-2025. The program will reportedly include one or two 9,300 TEU vessels but could grow to up to 10 ships if successful.CMA CGM joins a growing list of container shipping companies that have moved to convert ships to run on methanol…

The first large cruise ship ever to be built in China has been delivered, potentially leading the way for a new market player to rise within the global cruise shipbuilding industry.The 5,246-passenger Adora Magic City, built by China State Shipbuilding Corporation’s (CSSC) Shanghai Waigaoqiao Shipbuilding (SWS) based on Fincantieri' Vista-class design, will commence its maiden voyage from Shanghai in January 2024, operated by Asian cruise line Adora Cruises.The Chinese-built ship will service the domestic market with four-to-five day sailings…

French engineering firm GTT announced it has signed a strategic cooperation agreement with Chinese shipbuilding group China State Shipbuilding Corporation Limited (CSSC).The agreement provides for cooperation between GTT and 12 subsidiaries of the CSSC conglomerate, notably in ship design and construction, cryogenic containment technologies for liquefied natural gas (LNG) shipping, LNG as fuel and smart shipping solutions.As part of this agreement, GTT and CSSC aim to develop and market competitive LNG tank solutions with GTT technologies…

Containerships owner/operator Seaspan Corporation signaled its entry into the car carrier segment in confirming a deal to order a series of new pure car and truck carriers (PCTC) in partnership with Hyundai Glovis (Glovis).The 10,800 CEU are the largest PCTCs under development to date. They will be dual-fuel liquefied natural gas (LNG), as well as ammonia-and methanol-ready.Seaspan said it negotiated the purchase from Shanghai Waigaoqiao Shipbuilding, a China State Shipbuilding Corporation shipyard.