Chinese Shipbuilding Rebounds Including Innovative VLCC Designs

As the newbuild market continues to heat up with orders running strongly ahead of recent years, Chinese officials are promoting their successes with orders up over 200 percent in 2021 and advancements in new ship designs such as in the VLCC segment. They are reporting the delivery of a vessel, which they are promoting as one of the most energy efficient VLCCs ever built, along with an effort underway to build the first LNG-fueled VLCC…


View entirety: Maritime Executive