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Greece, India explore further cooperation in shipbuilding & defence

A high-level Indian delegation led by Defence Secretary Rajesh Kumar Singh has examined opportunities to strengthen Greek-Indian cooperation in shipbuilding and the defence industry. The...

HD KSOE wins $1.4 bil. order from HMM for 8 container ships

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) said Tuesday it has secured a 1.91 trillion-won ($1.44 billion) order from South Korean shipping company...

South Korea invests 1.4 trillion won to boost AI in shipbuilding

The South Korean government and the shipbuilding industry will invest over 1.4 trillion Korean won by 2030 to support the adoption of artificial intelligence...

Hanwha Ocean faces multiple labor talks as crane sit-in enters ninth day

A high-altitude sit-in protest by subcontracted workers atop a 30-meter crane and on a factory rooftop at Hanwha Ocean’s Geoje shipyard has entered its...

Korea shipbuilders stall in wage talks as Hanwha Ocean faces multi-union fight

Bargaining over the wage and collective agreement in the shipbuilding industry is showing signs of dragging on. Among the three major shipbuilders (HD Hyundai...

SFL – Newbuild order for two very large ammonia carriers in combination with long term time charters

SFL Corporation announced that it has agreed to build two 93,000 cbm Very Large Ammonia Carriers. The vessels will be able to carry a...

Greek shipowners’ orderbook exceeds 1,000 vessels

The Greek-owned orderbook has exceeded the 1,000-vessel threshold. Greek shipowners are pursuing a massive shipbuilding programme which, according to a Xclusiv report, reached 1,005...

Contships signs deal with Hubei Guangji to build up to 30 feeder containerships

Contships Logistics, owned by Nikolas D. Pateras, is moving ahead with a major shipbuilding programme that could eventually comprise up to 30 feeder containerships. Specifically,...

IWS Fleet orders four Skywalker class CSOV newbuildings, with no new equity planned and ordinary dividends maintained

Integrated Wind Solutions ASA (“IWS”) announces that its subsidiary, IWS Fleet, has entered into contracts for the construction of four new Skywalker class Commissioning...

Höegh Autoliners and China Merchants Group formally sign landmark aurora class contract

Höegh Autoliners and China Merchants Group (CMG) have formally signed the Contract to build six additional Aurora Class vessels. The signing expands one of...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...