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DNV: New tanker and bulker expert team in China supports global newbuild projects

Emergence of new bunker fuels along with new efficiency-enhancing technologies and new rules and regulations have led to new levels of sophistication, according Jing Yang Sunny Li of DNV China.

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DNV: New tanker and bulker expert team in China supports global newbuild projects

Classification society DNV on Monday (19 August) published a Maritime Impact article on its Shanghai team that was set up to support the local shipbuilding industry as well as owners placing newbuild orders in China, particularly bulk carriers and tankers:

DNV has established a team of experts in China to provide efficient, timely and proactive support to the local shipbuilding industry as well as owners placing newbuild orders in China. The focus is on bulk carriers and tankers, the two ship types anticipated to see the most vigorous growth in the coming years.

China has been experiencing an exceptional shipbuilding boom since the global economy began recovering from the pandemic. While containerships have been dominating newbuild orders in recent years, the demand for new tankers and bulk carriers is soaring, driven by many new requirements older tonnage cannot meet, especially in the context of decarbonization and digitalization. In response, DNV has created a team of experts to provide fast and efficient information to Chinese designers, yards, cargo owners and shipowners, helping them understand and implement new requirements and technologies while assuring highest quality.

Supporting the transformation of the global fleet

“Based on our market forecast, we estimate that more than 1,700 tankers and 2,900 bulk carriers will need to be replaced in the coming 5 years,” explains Jing Yang Sunny Li, Ship Type Expert for tankers at DNV China. China is the most important country for bulk and tanker newbuild projects, he adds. “According to Clarksons, 66% of bulk carrier and 63% of oil tanker newbuild orders, measured in gross tonnage, are placed in China, while in 2023 close to 80% of the bulker orders were awarded to Chinese yards.”

The transformation of the global fleet in this age of change brings both challenges and opportunities to the shipping industry, the expert points out. “The emergence of new fuels, in particular LNG, methanol and ammonia, along with new efficiency-enhancing technologies and new rules and regulations have led to new levels of sophistication. This calls for closer cooperation among all stakeholders to ensure quality, improved efficiency and innovation. We also want DNV to be the trusted voice in China in tackling this global transformation.”

New shipyards in great need of experienced support

Eastern Asian shipyards are busier than ever. Even the established yards in China are finding it difficult to keep up with incoming tanker and bulker orders, says Li. “Current delivery dates for new orders start at the end of 2027 or the beginning of 2028. Therefore, we are seeing new shipyards entering the bulker and tanker newbuild market. This year they have taken many orders from Greek tanker owners. The question for DNV has been: how can we support our customers to assure quality, so the vessels delivered are up to the owners’ expectations?”

The Chinese shipbuilding industry has many players, and the logistics of providing the know-how they need can be complex. In line with its customer-centric approach, DNV decided to make access to DNV expertise much easier for all these stakeholders. “At the same time we never compromise on quality,” Li points out. “So we have to utilize our expertise to focus on where we foresee potential risk and manage it from the beginning. The key is to cover all steps of the process, from pre-contract services to newbuild class approval, including technical workshops.”

Supporting ambitious newbuild projects from the beginning

Recent ambitious tanker newbuild projects supported by Li and his team include shuttle tankers for Knutsen NYK Offshore Tankers being built at Zhoushan, and a high-standard shuttle tanker for North Sea Shipping at Dalian yard. Both vessel types are intended for operation in Brazilian waters and therefore need to be specified according to the Petrobras standard. The contract for the latter was signed in 2021, says Li, but DNV support to the yard began in 2017. DNV’s global experts organized workshops for the customer, and the ship was delivered in 2023. Furthermore, Xiangyu shipyard is building ten chemical tankers to DNV class; several very large crude carriers are on order at DSIC and NTS; and Stena is having several methanol-fuelled medium-range chemical tankers built at GSI yard. On the bulker front, numerous Ultramax and Kamsarmax orders were placed in 2023, while in 2024 a run for Newcastlemax and very large ore carriers (VLOCs) can be seen. Sophisticated dual-fuel VLOCs with wind-assisted propulsion systems ordered by Shangdong Shipping on charter to Vale marks one of the highlights, together with the unique VLOCs for Winning International Group that will transport bauxite and iron ore from the new mining project in Simandou, West Africa.

Note: The full DNV Maritime Impact article can be found here.

 

Photo credit: DNV
Published: 22 August 2024

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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