Hanwha announced the launch of its latest affiliate, Hanwha Ocean, as it looks to expand its footprint in global marine energy solutions and shipbuilding....
South Korea’s shipbuilding stocks are rising on the back of expectations that their profitability will improve over the next three years as their portfolio...
MSC’s phenomenal growth over the past two years has largely been driven by acquisition of second-hand containerships, while rival CMA CGM is the most...
Daewoo Shipbuilding & Marine Engineering (DSME) reported a net loss of 120.4 billion won ($90 million) in the first quarter, larger than anticipated.
The figure...
The board of Daewoo Shipbuilding & Marine Engineering (DSME) approved the new directors recommended by Hanwha and a company name change on Monday after...
The board of Daewoo Shipbuilding & Marine Engineering (DSME) will likely approve the acquisition by five Hanwha companies of the debt-ridden shipbuilder next Monday,...
According to market sources, Dynacom Tankers Management has made ten firm and four optional orders for LR2 product carriers at DSIC Shanhaiguan Shipbuilding Industry...
China Chamber of Commerce (CSSC) has signed an agreement with CMA CGM to build 16 large containerships.
CSSC will build twelve 15,000 teu methanol dual-fuel...
The Korean shipbuilding industry is moving closer to achieving this year’s order-taking target based on stable orders. Korean shipbuilders are concentrating on boosting profitability...
Stolt Tankers’ joint venture in China, Shanghai SC-Stolt Shipping Ltd (SSCSSL) has signed a contract with Chinese shipbuilder Wuchang Shipyard to build two chemical...
Seanergy Maritime Holdings Corp., announced its financial results for the first quarter ended March 31, 2023, and declared a quarterly dividend of $0.025 per...
Dorian LPG reported its financial results for the three months and fiscal year ended March 31, 2023.
Highlights for the Fourth Quarter Ended March 31, 2023
Revenues of $133.6 million.Time...
Navios Maritime Holdings Inc., reported its financial results for the first quarter ended March 31, 2023. Navios Holdings owns (i) a controlling equity stake...
DP World has completed the AED954 million ($259.78 million) Centerm expansion project, increasing container throughput at the Port of Vancouver by 60 percent.
The terminal...
Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatisation agency HRADF...
Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 57.7 million tonnes (Mt) for April 2023.
This throughput was a two per cent...
APM Terminals’ CEO Keith Svendsen has pledged an investment of about US$1 billion in the company's Brazilian operations up to 2026.
The amount includes around...
