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HD Hyundai splits shipbuilding footprint as China dominates global orders

HD Hyundai Chairman Chung Ki-sun is moving to diversify the group’s production footprint as Chinese shipbuilders tighten their grip on global orders. The strategy...

Laskaridis linked to VLCC order at Hengli

According to broker reports, Laskaridis Shipping is believed to have placed an order for two 306,000 dwt VLCCs at Hengli Dalian. Reports suggest deliveries have...

New Times Shipbuilding wins order for four Tri-Fuel Newcastlemax bulk carriers from Wooyang Shipping

According to market reports, the South Korean mid-sized bulk carrier owner Wooyang Shipping has placed an order with New Times Shipbuilding for four 210,000...

HD Hyundai Samho and ClassNK sign MOU for joint development of LNG carrier design applying the amended IGC Code

HD Hyundai Samho Co., Ltd. and ClassNK have signed a Memorandum of Understanding (MOU) for joint development of an LNG carrier design incorporating the...

DNV awards HD HHI AiP for 271K CBM LNG Carrier

DNV has awarded HD Hyundai Heavy Industries (HD HHI) an Approval in Principle (AiP) certificate for their new 271,000 CBM LNG carrier (LNGC) design....

Asyad Shipping awards $103.6 million contract to Hyundai Heavy Industries for two MR tankers

Asyad Shipping Company S.A.O.G. has awarded Hyundai Heavy Industries Co., Ltd. (HHI) shipbuilding contracts for the construction of two new Medium Range (MR) product...

Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave

The shipbuilding and maintenance arm of state-owned marine transport giant China Cosco Shipping has completed initial public offering (IPO) guidance registration, paving the way...

Drydocks World and Cochin Shipyard form joint venture to strengthen India’s ship repair industry

Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) signed a joint venture agreement to operate and expand the International Ship Repair...

Investment in new cruise ship construction totaling $87.4bn

The value of new cruise ships currently on order worldwide has reached $87.4 billion, with the orderbook standing at 80 vessels and an investment...

Hanwha Ocean wins 477.8 bln-won order for 3 VLGCs

Hanwha Ocean Co., a South Korean shipbuilder, said Tuesday it has won a 477.8 billion-won (US$349 million) contract to build three very large gas...

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Greek shipping industry turns to Euronext Athens

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 announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

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...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

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 posts best three-month cargo stretch in its history

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...

ATI and DP World commission six new hybrid cranes at manila South Harbour

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...

PCT S.A.: New customs licence for cargo arriving by rail

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...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...