ULCV

Exclusive: CSSC, CMA CGM pen record-breaking deal for 16 ultra-large boxships worth $3 bln

In a significant development for China’s shipbuilding industry, the China State Shipbuilding Corporation (CSSC) and French liner heavyweight CMA CGM have inked an agreement to construct 16 large container ships worth more than 21 billion Yuan ($3.06 billion).

The order comprises of twelve 15,000 TEU methanol dual-fuel powered large container ships and four 23,000 TEU LNG dual-fuel powered Ultra Large Container Carriers (ULCCs), CMA CGM Spokesperson confirmed to Offshore Energy.

The post Exclusive...

https://www.offshore-energy.biz/exclusive-cssc-cma-cgm-pen-record-breaking-deal-for-16-ultra-large-boxships-worth-3-bln/

Hapag-Lloyd Signs $1 Billion Deal for 6 LNG Powered ULCVs

  • Order placed at Korean ship yard Daewoo Shipbuilding & Marine Engineering.
  • Vessels will be powered by LNG Dual Fuel.
  • Delivery starts in April 2023.
  • 1 billion USD investment.

German liner giant Hapag-Lloyd has ordered six ultra-large container vessels from Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME), reads a press release from the company.

Sustainability strategy

The carrier said the vessels will significantly increase its competitiveness and will be a core part of its...

https://mfame.guru/hapag-lloyd-signs-1-billion-deal-for-6-lng-powered-ulcvs/

HMM finally sails into the black after 21 quarters, but half-year is still red

After 21 consecutive quarters of negative results, HMM has finally moved into the black.
The carrier posted a net profit of $23m for Q2 20, compared with a loss of $54m for the same period of 2019.
The South Korean carrier has racked up billions of dollars in losses in the past five years as it struggled to restructure its liner business after being on the verge of bankruptcy in 2016 – …

The post HMM finally sails into the black after 21 quarters, but half-year is still red appeared first on The...

https://theloadstar.com/hmm-finally-sails-into-the-black-after-five-years-but-half-year-is-still-red/

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