BIMCO said the global shipping orderbook reached 191.0m cgt at the end of the first quarter of 2026, equal to 17% of the world fleet and the highest ratio since 2011. First-quarter contracting rose 40% year-on-year, led by tanker orders and a rebound in LNG tanker contracting, while yard lead times and engine supply constraints remained key issues.
HGK Shipping has installed an Econowind wind propulsion system on Amadeus Titanium, operated by Amadeus Schiffahrts- und Speditions GmbH. The VentoFoils installation was completed in the Port of Harlingen and is expected to reduce bunker fuel consumption by around 10% during transport operations for Covestro.
HD Hyundai Heavy Industries applied a two-yard construction model to a 157,000 dwt suezmax tanker, joining a bow section built by HSG Sungdong Shipbuilding with a stern section completed at Ulsan. The project is aimed at making better use of dock space as South Korean shipyards manage larger orderbooks.
Boskalis has moved Windpiper to the Netherlands for final outfitting and commissioning before the vessel begins its first Baltic Sea rock installation project later this year. The converted ship has a rock-carrying capacity of 45,500 tonnes.
HD Hyundai Heavy Industries (HHI) unveiled two 46,000 cbm ammonia-powered gas carriers for Exmar at its Ulsan shipyard. The vessels, Antwerpen and Arlon, are part of a four-ship series and are scheduled for delivery in May and July.
CRBG took delivery of CRBG Pile No. 1 in Nantong on 31 March 2026, marking a major application of China’s domestically developed DP+Winch Control technology on an ultra-large pile-driving vessel.
The Low Carbon Contracts Company has terminated the CfD for Hexicon’s 32 MW TwinHub floating offshore wind project off Cornwall, after the developer secured the contract in Allocation Round 4 in 2022.
Eni has announced a 2 Tcf gas and condensate discovery at Denise W-1 in Egypt’s offshore Temsah Concession. The find is close to existing infrastructure, supporting a fast-track development path in the Eastern Mediterranean.
The Searénité consortium is developing a system to reduce underwater noise during offshore construction for floating wind, jacket foundations, and substations.
