Ship&Offshore | Issue 06/2023
Newport Shipping in Chinese yard partnership UK ship repair outfit Newport
Newport Shipping in Chinese yard partnership UK ship repair outfit Newport Shipping has partnered with a Chinese shipyard, Huarun Dadong Dockyard (HRDD), to expand its capability for retrofitting vessels. The move comes as demand for existing vessel upgrades is expected to increase rapidly in the future. New orders are adding an unprecedented deluge of tonnage, with roughly one new container ship being delivered for every day of the year. But there is far from sufficient shipbuilding capacity – not to mention cash – to renew the fleet with green vessels, Ege Akcasoy, managing director, Newport Shipping, told SORJ....