Korea Shipbuilding & Offshore Engineering (KSOE) has won an order for the construction of twelve very large container ships from an unnamed European shipping...
Ocean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with growth potential.
Moreover, the weakness in the...
Samsung Heavy Industries (SHI) has bagged a 609.7-billion-won ($496.4 million) order to build two liquefied natural gas (LNG) carriers for an Oceanian shipper.
The carriers...
HIGHLIGHTS FROM OCTOBER–DECEMBER 2022
Order intake decreased by 24% to EUR 1,638 million (2,150)Service order intake increased by 6% to EUR 791 million (747)Net sales...
On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary –...
In a market where LNG spot prices follow a downward trajectory since late December, period charter rates for LNG vessels are also marginally retreating...
Iron ore futures fell on Tuesday, with the Dalian benchmark price pulling back from the previous session’s contract high, as traders assessed demand in...
The Greek shipping community is turning its attention to Euronext Athens.
Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...
TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...
Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...
Port of Los Angeles waterfront workers processed 955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...
Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...
A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...