SITC Hebei

Orders add to growing trend in feeder vessel newbuildings amid rising charter rates.

DSME shipyard

Three additional VLCCs booked at Daewoo Shipbuilding & Marine Engineering after maiden order in early 2018

SPP Shipbuilding’s yard.

Creditors sell off facility after unsuccessful attempts to find buyer for SPP Shipbuilding

George Economou

Orders come amid sky-high charter rates and healthy long-term outlook.

2008-built 21,937 dwt Sinar Sangir

Healthy charter rates for feeder ships prompt investment

KSA chairman Lee Yoon-jae.

Contract is part of strategy to increase cargo volumes and business for South Korean liner operators 

Incheon port.

The South Korean government will spend KRW20.2 billion (USD18 million) to develop a logistics cluster around the northern mouth of Incheon port.

A tanker at sea

Following a dip to zero after trade restrictions were lifted, floating storage volumes are now bouncing back.

Sungdong Shipbuilding & Marine Engineering shipyard.

Insolvent shipbuilder to be sold piecemeal to attract buyers.

2010-built Ocean Ruby

Re-organisation of commodity group renews shipowners’ confidence