Saturday, December 2, 2023
HomeNewsShipbuilding

Shipbuilding

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Shipbuilding

Atlas Maritime linked to order of suezmax tankers

According to media reports, Atlas Maritime has placed an order for two suezmax tankers (158,000 dwt) at DH Shipbuilding. The price of the two vessels...

Shipbuilding: LNGC orders to rise, revenue to grow

Combined new orders for the three major domestic shipbuilders in 2023 are expected to exceed guidance. Orderbooks should expand in 2024, led by strong...

Elefsis Shipyard: Privatization gets green light; Onex to reopen industrial unit

An Athens first instance court has paved the way for the restructuring and reopening of the insolvent Elefsis Shipyards, west of Piraeus in western...

Big 3 Korean shipbuilders set to log quarterly profits

South Korea’s three major shipbuilders are likely to log quarterly surplus for the July-September period and remain in the black for years, thanks to...

Exmar LPG orders world’s first ammonia-fuelled newbuildings

EXMAR LPG, a JV between EXMAR and Seapeak, is going ahead with ammonia as fuel for two Midsize Gas Carriers (MGCs) on order at...

Athenian Sea Carriers takes option for 4 tanker newbuildings

Athenian Sea Carriers have declared options for four 20,500 dwt units at CSSC yard Wuchang Shipbuilding Group, according to a latest Clarksons Research report. Delivery...

Korea Shipbuilders Lose Orders to China in September

Korea’s shipbuilding industry lost ground to its rival, the Chinese shipbuilding industry, in September. According to Clarkson Research, a U.K.-based shipbuilding and shipping market analyst,...

Ceremonial launch of first Greek frigate ‘Kimon’

The inauguration of ‘Kimon’ the first Greek frigate took place on Wednesday at the Naval Group shipyards in Lorient, France. Greek Defence Minister Nikos...

HD Hyundai Lands 5-trillion-won Order for 17 LNG Carriers from Qatar

HD Hyundai Heavy Industries (HHI) is expected to be the first company to win a second batch of liquefied natural gas (LNG) carrier orders...

Shipbuilder Damen sues Dutch government over Russia sanctions

Dutch shipbuilder Damen Shipyards has sued the Dutch government over damages it says it has suffered due to European sanctions against Russia. Damen, which produces...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

George Economou acquires 5% stake in Seanergy

According to a relevant SEC filing, George Economou has acquired a stake in Seanergy Maritime. Specifically, the filing shows Sphinx, a subsidiary of Maryport Navigation,...

Frontline Reports $107.7 Million Profit in Q3

Frontline reported unaudited results for the nine months ended September 30, 2023: Highlights Profit of $107.7 million, or $0.48 per basic and diluted share for the...

Euronav: Dividend Distribution For Q3 2023 & Business Update

Euronav NV provides a business and dividend update following the recent board and management changes. The Supervisory board has agreed to distribute USD 0.57 per...

A new chapter for Euronav

Euronav shareholders have approved strategic changes at the company ushering in a new era.

TEN Reports Earnings Results for Q3 & 9M2023

Tsakos Energy Navigation Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported...

Maersk Reaches Settlement Over Ship That Blocked the Suez Canal

A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that...

Baltic dry bulk index doubles in November on robust vessel demand

The Baltic Exchange’s dry bulk sea freight index gained for the sixth consecutive session...

Baltic index extends rally on higher capesize rates

The Baltic Exchange’s dry bulk sea freight index rose on Tuesday for the fourth...

CLIA presents cruise industry’s Action Plan for Greeceto the Greek Government

Representatives of Cruise Lines International Association (CLIA), members of the Government, and key stakeholders...

Baltic index scales 1 and 1/2-year peak

The Baltic Exchange’s dry bulk sea freight index rose on Monday for the third...

Port Houston Breaks Export Record

October was the biggest month ever for loaded exports at Port Houston, up 6% compared to last October. Port Houston’s loaded exports are up...

Port of Piraeus working on first shore power connection slots for 2024

The Piraeus Port Authority (PPA), which manages the largest and busiest port in Greece, announced the first five shore power connection slots for ferry...

Two major US cruise operators interested in buying Lavrio port

The tender for the concession of Lavrio port is set to begin in the next few weeks. Sources tell Kathimerini there are at least two...

Biden Administration Invests Over $650 mln in US Ports to Strengthen Supply Chains

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port...

APM Terminals & DP World spearhead roadmap for accelerating electrification of port operations in bid for net-zero

APM Terminals and DP World announced an initiative to accelerate decarbonisation of the world’s terminals through the widespread electrification of container handling equipment (CHE)....