Potential conflicts with subcontracted workers have emerged as a major risk for Korean shipbuilders, even as the companies are expected to continue posting solid earnings this year.
In regulatory filings, COSCO said it has ordered twelve 18,000 teu LNG dual-fuel containerships at CSSC’s Jiangnan Shipyard, alongside six 3,000 teu conventionally powered vessels at COSCO Zhoushan Shipyard.
In regulatory filings, COSCO said it has ordered twelve 18,000 teu LNG dual-fuel containerships at CSSC’s Jiangnan Shipyard, alongside six 3,000 teu conventionally powered vessels at COSCO Zhoushan Shipyard.
Oman’s Asyad Shipping has added further weight to its crude tanker ambitions, signing contracts for three new VLCCs at South Korea’s Hanwha Ocean...Delivery of the trio is scheduled for 2028 and 2029 ... .
German owner Nordic Hamburg has moved to grow its heavylift fleet, placing an order for three 13,300 dwt multipurpose vessels at China’sWuhu Shipyard, with options for two more units.