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China’s shipbuilding industry will enter a high-growth period this year, driven by the soaring demand of foreign shipowners, and their moves to adopt new vessels with green and high-efficiency engines to meet international demand for lower carbon emissions, said industry officials and shipbuilders. The country’s shipbuilders saw holding orders soar 26.3 percent on a yearly . ....
China's shipbuilding industry will enter a high-growth period this year, driven by the soaring demand of foreign shipowners, and their moves to adopt new vessels with green and high-efficiency engines to meet international demand for lower carbon emissions, said industry officials and shipbuilders. ....
ABS-Classed Suezmax is World’s First Ammonia Ready Vessel An ABS-classed Suezmax tanker ordered by Avin International LTD, the first vessel of a potential order of three vessels, is to be the first ammonia-fuel ready vessel in the world. The landmark 274-meter-long vessel, hull number 0315852, is now under construction at New Times Shipbuilding Co., Ltd (NTS), with options for two further vessels. Currently conventionally fueled, the vessel complies with the ABS Ammonia Ready Level 1 requirements, indicating it is designed to be converted to run on ammonia in the future. All the ships in the project will also meet ABS LNG Fuel Ready Level 1 requirements. ....