More MR tankers being contracted amid refinery expansion.
Some shipbuilders continue to be in the red as orders slow down.
The largest non-state-owned Chinese shipbuilder, which is listed in Singapore, disclosed its ambition when it announced results for the third quarter of 2018 on 7 November.
South Korean trade ministry said support measures comply with international norms
Tokyo cites protectionist government support for DSME amid diplomatic tension
It is possible that the two 82,000 dwt units are options tied to the joint venture’s maiden order.
South Korean feeder operator places order after obtaining financing through Korea Ocean Business Corporation.