GeoLocation
H-Line Shipping of South Korea has ordered two 210,000 dwt LNG dual-fuel newcastlemax bulk carriers at New Times Shipbuilding in China. The ships are linked to long-term charter commitments with POSCO and are due for delivery in 2030. Industry sources cited by Splash put the price at about $94 million each, or roughly $188 million for the pair.
Leonhardt & Blumberg has ordered another two 49,500 dwt MR chemical and product tankers from Guangzhou Shipyard International, extending a newbuilding programme launched in 2024. Broker reports say the pair is due for delivery in 2029 and will be built to the same specification as the earlier ships, with scrubbers and methanol-ready designs.
Carlova Maritime has ordered an approximately 82,000-dwt Kamsarmax bulk carrier at Hengli Heavy Industries in China. The vessel is due for delivery in 2027, according to market sources, and follows the Greek owner’s earlier order for a 114,000-dwt Aframax tanker at the same yard.
Ray Car Carriers has signed a contract with Guangzhou Shipyard International for ten newbuild vessels in a deal valued at about $1 billion, according to Splash. The Cyprus-based owner and operator specialises in pure car and truck carriers and has been expanding its fleet as demand for vehicle transport rises.
Hudong-Zhonghua Shipbuilding has signed a contract with German shipowner Peter Döhle for two 14,000 TEU container ships. The deal was signed on 1 September 2026 at the SMM Hamburg exhibition in Germany, with CSSC Trading Co., Ltd. alongside the yard.
MSC has ordered 20 LNG-dual-fuel ultra-large container vessels from Hengli Heavy Industries and Zhoushan Changhong International in China. The package is valued at about USD 4.4 billion, with Hengli set to build 10 additional 22,000 TEU ships and take its MSC tally to 22 vessels.
Vietnam Ship Repair published a 2026 ranking of the five largest container shipping companies by capacity and fleet size. MSC tops the list with about 7.3 million TEU and about 1,000 ships, followed by Maersk, CMA CGM, COSCO Shipping and Hapag-Lloyd.
PaxOcean opened its new S$200 million shipyard at 5 Jalan Samulun in Singapore on 6 February 2026. The 17.26-hectare yard replaces its Tuas Crescent site and includes two graving docks, one floating dock and expanded quayside capacity.
PaxOcean Zhoushan Shipyard named Hull H1053, PAC LEO, the second 40,000-deadweight-tonne multi-purpose vessel built for Pacific Carriers Limited, on 27 January 2026. The ship follows PAC LIBRA, Hull H1052, and is part of PCL’s fleet renewal programme.
PaxOcean Zhoushan Shipyard named Hull H1052, PAC LIBRA, on 20 November 2025. The 40,000-deadweight-tonne multi-purpose vessel is the first in Pacific Carriers Limited’s new series and was developed jointly by PaxOcean and PCL.
PaxOcean Zhoushan has delivered Martta, Hull No. H1039, to Finland-based Langh Ship. The container feeder is the third vessel in a three-ship programme, following Ingrid and Lene earlier this year.
PaxOcean chief executive Tan Thai Yong said the yard’s big-ship order book now runs to the end of 2028 after the group signed another four tankers last week. He also said the shipyard has capacity for smaller vessels, but slots for larger ships remain tight because of engine availability.