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LR launches Newbuild Advisory service, guide on major North Asian shipyards

Advisory service is designed to support shipowners, operators, yards, and investors throughout the design and build process while updated guide gives detailed insight into shipyards across China, Korea and Japan.

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RESIZED Chris Pagan

Classification society Lloyd’s Register (LR) on Tuesday (2 June) said it is growing its role in the newbuilding market with the launch of its Newbuild Advisory Service and updated New Construction Guide.

With global demand continuing to reshape shipyard orderbooks, owners are balancing a growing number of considerations during the planning phase of newbuilding projects, including fuel readiness, delivery timelines, technical capability and long-term operational requirements.

Launching at Posidonia 2026, the Newbuild Advisory service is designed to support shipowners, operators, yards, and investors throughout the design and build process, helping them to manage risk, optimise performance, and make informed decisions from concept through to delivery.

Drawing on experience from more than 500 new building projects, the Newbuild Advisory Service helps clients make better design and technology choices upfront, giving greater control over cost and schedule as projects progress, and reducing the risk of misalignment between owner expectations and yard execution.

It also adds a layer of independent oversight, with a focus on build quality, efficiency and long-term asset performance.

Sujith Tooneri, Global Head – Newbuild Advisory Services, LR, said: “Ship newbuilding for the future starts with making the right decisions today, and these decisions will shape the next generation of maritime operations.

“LR’s Newbuild Advisory Services provide expert guidance from concept to delivery, helping you design, specify and implement solutions that meet tomorrow’s standards. From concept, regulatory impact and risk to GHG reduction strategies and integrating innovative technologies, we ensure your fleet is smarter, safer and future ready.”

Alongside the Newbuild Advisory Service launch, LR is introducing an updated New Construction Guide, providing detailed insight into major North Asian shipyards, on yard capabilities, experience and regional strengths in a single, easy-to-use tool.

The guide brings together independent shipyard intelligence across China, Korea and Japan to help owners, operators and project teams compare options more confidently before entering newbuild discussions.

The guide reflects LR’s extensive knowledge of key shipyards, regional shipbuilding activity and newbuilding considerations, combined with its technical expertise across classification, plan approval, technical advisory and digital support services.

Sherry Li, Global Head of New Construction, LR, said: “Selecting the right shipyard has become more complex as owners balance delivery schedules, fuel transition strategies and changing market requirements. Clients need reliable insight early in the process to help them make confident decisions and reduce uncertainty around newbuilding projects.

“Our updated New Construction Guide reflects LR’s depth of knowledge across key shipbuilding regions, particularly North Asia. It is designed to give clients practical support as they evaluate shipyard capability, plan future fleet investment and navigate increasingly complex construction requirements.”

The Newbuild Advisory Service and updated New Construction Guide will be featured at the LR stand during Posidonia, as part of broader engagement with owners, yards and charterers on the next phase of newbuild activity.

 

Photo credit: Chris Pagan on Unsplash
Published: 3 June, 2026

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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July 21, 2026

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.
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July 21, 2026

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.
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July 21, 2026

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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