Wah Kwong and Sanko seal alliance with VLCC dea

Source: Lloyd's List
WAH Kwong Maritime Transport has inked its first newbuilding joint venture with Japan’s Sanko Line after the two companies agreed to take a 50% stake each in a $140m very large crude carrier order at Dalian Shipbuilding.

Korean yards take a giant step forward

Source: Lloyd's List
Two of South Korea's leading shipbuilders have revealed new designs for ultra-large containerships. STX Shipbuilding has recently unveiled a design proposal for a vessel of 22,000 teu capacity, denoting a cargo intake far in excess even of that of the envisaged Malacca-max breed, while Samsung Heavy Industries has presented its latest offering in the ultra-large containership category, somewhat more modest at 16,000 teu than the STX behemoth, but potentially groundbreaking in size.

Force of nature

Source: Lloyd's List
On August 2, 2008, German wind-turbine manufacturer Enercon, based in the northern town of Aurich, named and launched its new rotor-ship E-Ship 1.