South Korea’s shipbuilder Hyundai Heavy Industries has been chosen as the preferred bidder to build up to three liquefied natural gas (LNG) carriers for its compatriot gas and power company SK E&S. HHI said that it expects to sign the construction agreement for the 180,000 cubic meter vessels during the first half of 2016, after final negotiations with SK E&S and the company’s subsidiary SK Shipping, which will operate the LNG carriers. The vessels will featu...

Chinese shipbuilders have continued to see dwindling new vessel orders in the first 11 months of this year as the industry is challenged by a prolonged slump. From January to November 2015, China’s shipyards recorded newbuilding orders with tonnage totalling 23.19m dwt, down 59.1% compared to the previous corresponding period, according to statistics released by China Association of the National Shipbuilding Industry (Cansi). In the first 11 months, the shipyards completed a combined new ves...

The first in a series of 27,500 cbm ‘Dragon’ class vessels ordered by Evergas, owner and operator of seaborne petrochemical and liquid gas transport vessels, is being delivered from the Sinopacific Offshore & Engineering (SOE) shipyard in China today. The ‘Dragon’ class ships are to be chartered by INEOS Europe for the transportation of ethane to Europe from the Mariner East project in the USA. The carriers are purpose built for the transportation of ethane, although they in addition can c...

MAN Diesel & Turbo and China Classification Society (CCS) are furthering their collaboration with a new technical cooperation agreement signed at Marintec China 2015. Under the agreement MAN and CCS will cooperate on intelligent ship research relating to data exchange, online monitoring and online services.   The new agreement comes under a framework agreement for technical cooperation signed in 2013. The new agreement was signed by Wayne Jones, MAN executive board member for sales...