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Shipbuilding

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...

Hanwha Ocean clinches 1.5 tln-won deal for 6 container ships from Taiwan’s Yang Ming

Hanwha Ocean Co. said Thursday it has won a 1.55 trillion-won (US$1.14 billion) order from Taiwan's Yang Ming Marine Transport Corp. to build six...

Samsung Heavy Industries lands two-ship order

Samsung Heavy Industries disclosed on Aug. 31 that it has won an order for two container ships from an African shipping company for a...

Pistiolis linked to tanker order

Evangelos Pistiolis is linked by shipping sources to an order from Central Mare for the construction of two more newbuilding MR tankers at K...

Enesel places newcastlemax order

Enesel has reportedly ordered one 210,000 dwt newcastlemax at Hengli Shipbuilding. The vessel is set to be delivered November 2028. A price for the ship,...

Thenamaris orders containerships in China

According to reports, Thenamaris has placed an order at Hengli for four 3,200 TEU container vessels. Deliveries are reportedly scheduled for 2028. It is worth...

Ardmore Shipping Corporation exercises newbuilding options for two 40,500 Dwt handysize product/chemical tankers

Ardmore Shipping Corporation announced it has exercised the options for a further two 40,500 dwt Handysize product/chemical tankers to be built at Wuhu Shipyard. This...

Höegh Autoliners orders six additional Aurora class vessels

Höegh Autoliners ASA announced that it has decided to order additional six new dual-fuel LNG and zero-carbon-ready Aurora class vessels for delivery in 2029–2031. This...

ADNOC L&S orders two additional LNG Carriers for USD 444 million, bringing LNG fleet size to 24

ADNOC Logistics & Services plc announced the exercise of options for two additional next-generation LNG carriers from Jiangnan Shipyard in Shanghai, China, for a...

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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...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

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...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...