Bollinger Shipyards has received approval from the U.S. Coast Guard to begin full production activities on the U.S. Coast Guard Polar Security Cutter (PSC) program.
Hong Kong-listed Orient Overseas opens new tab said on Tuesday that its units have ordered the construction of 14 container vessels from China COSCO Shipping Corp totaling $3.08 billion in value.
These vessels will either be delivered with wind propulsion systems installed or prepared for future integration, using technologies from various suppliers such as Norsepower.