Shell Marine has been awarded a contract by Cosco Shipping Lines to deliver marine lubricants and technical services for seven next-generation ultra-large container carriers (ULCCs), which feature a capacity of 20,000 twenty-foot equivalent units (TEUs) each.

The vessels will be constructed as part of a new-build programme comprising a total of ten ULCC units that were originally ordered by Cosco Shipping in 2015.

Cosco Shipping will also obtain several support services from Shell’s Shanghai-based Technical Maritime Hubs as part of the deal.

"Jumbo has signed a letter of intent (LoI) with China Merchants Industry Holdings (CMIH) for the detailed engineering and construction of a new DP2 heavy-lift crane vessel (HLCV)."

Jumbo has signed a letter of intent (LoI) with China Merchants Industry Holdings (CMIH) for the detailed engineering and construction of a new DP2 heavy-lift crane vessel (HLCV).

The HLCV is set to be designed by Jumbo’s Basis of Design, and Ulstein Design and Solutions and will be powered by dual-fuel engines, which are able to operate on liquefied natural gas (LNG).

The vessel is expected to be delivered in the first quarter of 2020.

It will be fitted with two offshore mast cranes designed and built by Huisman Equipment and is expected to serve the global offshore industry upon completion.

The cranes will have a lifting capacity of 2,200t and 400t respectively, with water depth ratings of 3,000m each.

The vessel will be suitable for operation in both shallow and deep waters and is slated to be used for the installation or decommissioning of fixed oil and gas facilities, moorings systems and floating structures.

In addition, it will also be capable of providing assistance during the fitting of subsea structures, foundations and tie-backs.

Jumbo is a heavy-lift shipping company based in the Netherlands.