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Ningbo Marine maps out five-ship bulker expansion

Ningbo Marine maps out five-ship bulker expansion

Shanghai-listed Ningbo Marine is lining up another five bulk carrier newbuildings in China, expanding a fleet renewal programme that could see the owner add close to 600,000 dwt of fresh tonnage. The Zhejiang Energy-backed company has approved up to CNY980m ($136m) for four 65,000 dwt bulkers, while wholly owned Ningbo Marine Singapore has been cleared …

Helena Marsh

PascoGas linked to $370m LPG quartet at HD Hyundai
EnergyIndustry news

PascoGas linked to $370m LPG quartet at HD Hyundai

Turkish gas shipowner PascoGas has been linked to another major newbuilding move at HD Hyundai, with four LPG carriers contracted in a KRW515.4bn ($370m) deal. HD Hyundai Heavy Industries disclosed the order on Monday, identifying the customer only as an Oceania-based shipping company. The ships are scheduled for delivery by March 31, 2030. Shipbuilding sources …

Editorial Desk

KCC Second Quarter 2026 – Solid Q2 financials driven by strong markets and operations amidst geopolitical turmoil
Oil & Fuel OilIndustry news

KCC Second Quarter 2026 – Solid Q2 financials driven by strong markets and operations amidst geopolitical turmoil

Klaveness Combination Carriers ASA (“KCC”) reported EBITDA of USD 38.5 million and Profit after tax of USD 20.8 million for the second quarter of 2026, representing a strong improvement from the first quarter. Fleet average TCE earnings [1] increased by $4,350/day to $37,782/day from Q1 to Q2. This was supported by tighter, though very volatile, ...

Editorial Desk