Japan-based shipbuilders have received only eight exporting orders during July 2016, representing a significant drop from 25 orders seen in the same month a year earlier, according to data released by Japan Ship Exporters’ Association (JSEA). The eight orders feature a total of 303,299 gross tons and consist of one tanker and seven bulk carriers, including two Handysize bulkers, three Handymaxes, one Post-panamax and one Capesize bulk carrier. The situation was much worse in J...

Swiss-based container carrier Mediterranean Shipping Company (MSC) christened the latest in a series of twenty 19,224 TEU container ships, MSC Sveva, during a ceremony held at the Port of Le Havre, France, on July 20. The 199,272 dwt MSC SVEVA belongs to an Oscar-class of container ships which feature a length of 395.45 meters and a width of 59.08 meters, and are one of the largest sea-going vessels in the world. MSC SVEVA will be deployed on the Asia – Europe route, according to&n...

Taiwan’s Wan Hai Lines has placed an order for eight 1,900 teu boxships worth a total of $212m to $236m from Japanese yard Naikai Zosen Corporation. Delivery dates for the newbuildings were not specify, according to a stock exchange filing from Taipei-listed Wan Hai. The last time that the largely intra-Asia player made vessel purchases was in May 2015 when it bought three secondhand 5,600-teu containerships from Japan’s K Line. Source: http://www.seatrade-maritime.com

Struggling South Korean yards exhibiting at this year’s Posidonia event in Greece seem to be on a roll over the past few days as they clinch the badly-needed new orders. One of those shipbuilders is certainly Sungdong Shipbuilding & Marine Engineering Co. (Sungdong), which has won its first order for this year. Namely, the yard’s traditional partner Tsakos Energy Navigation (TEN) has ordered construction of two 74,000 deadweight tonnage (DWT) crude-oil carriers with an option for tw...