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Shipbuilding

Skaramangas Shipyards to develop maritime innovation center

Skaramangas Shipyards is moving forward with the development of a maritime innovation center in Greece. The agreement was signed by the management and the British...
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Wuhu Shipyard partners with Chinese leasing firms

Wuhu Shipyard announced an agreement with two local financial leasing companies to collaborate on new projects with a potential value exceeding RMB30bn ($4.1bn). The...
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Bibby Marine announces new shipbuilding contract for eCSOV

Bibby Marine announced the signing of a new shipbuilding contract with shipyard Armon, to build its innovative electric Commissioning Service Operation Vessel (eCSOV).  Located in...
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HD KSOE’s new hydrogen tech gets nod from four authorities

HD Korea Shipbuilding & Offshore Engineering became the first Korean company to receive approval in principle from four major classification societies for its liquefied...
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U.S. Probe finds China unfairly dominates shipbuilding, paving way for penalties

U.S. President Joe Biden’s administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three...
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HD KSOE Set to Deliver 139 Ships This Year

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is set to commence the delivery of liquefied natural gas (LNG) carriers on the 6th, marking...
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HJ Heavy Industries secures design approval for 88,000㎥ VLAC

HJ Heavy Industries announced on the 30th that it has obtained approval for the design concept for an 88,000㎥ super-large eco-friendly ammonia carrier (VLAC)...
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Samsung Heavy Industries is speeding up orders centered on high value-added ships

Samsung Heavy Industries is a super-sized ethanol carrier (VLEC) worth 742.2 billion won with ship owners in Asia. It announced on the 26th that...
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COSCO Shipping announces major partnership for 10 new bulk carriers

On December 19, COSCO Shipping partnered with Everbright Financial Leasing and Jiangsu Hantong Shipbuilding in Nantong to sign agreements for the construction and long-term...
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China Merchants inks USD 100 million lease deal for two bulk carrier newbuildings

China Merchants Energy Shipping (CMES) is leasing two Newcastlemax bulk carriers on a 5-year charter at the cost of USD 100 million from sister...
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Testing giants Bureau Veritas and SGS in merger talks

France's Bureau Veritas, opens new tab and Switzerland's SGS (SGSN.S), opens new tab are in merger talks to create a testing and certification giant...

DHT Holdings announces business update

DHT Holdings provides the following business update: “For the fourth quarter of 2024, the Company estimates time charter equivalent earnings for its fleet at $38,800...

Scorpio Tankers announces fixed income investor meetings

Scorpio Tankers through its Norwegian investment banks, will arrange a series of fixed income investor calls commencing on January 13, 2025. A five-year USD...

West fully acquires Nordic Marine Insurance

West announced the full acquisition of Nordic Marine Insurance, a leading provider of fixed premium insurance for the marine industry, specialising in Delay Insurance,...

BW LPG: Kristian Sorensen boosts shareholding

Kristian Sørensen, Chief Executive Officer has purchased 1,000 shares in BW LPG Limited on 19 December 2024 at a price of NOK 115 per...

Greek shipowners make cautious start to 2025

Greek shipowners have made cautious moves, with sales mainly of older ships, in the...

Shipping giants Maersk and Hapag-Lloyd see no immediate return to Red Sea

Two of the world's top shipping companies, Maersk, opens new tab and Hapag-Lloyd, opens...

Baltic index down for third straight session on lower capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

US importers rush in goods from China as Trump tariff threat looms

U.S. imports from China finished the year strong after some companies stockpiled shipments of...

Baltic index extends decline on lower rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

PPA S.A: MSC Cruise sailings started at the Port of Piraeus, a leading homeport cruise port in the Mediterranean

The Management of PPA S.A. welcomed the MSC Sinfonia to the port of Piraeus for 2025, hosting a special event where PPA’s DCEO, Cpt....

Wallenius Wilhelmsen wins terminal contract in Gothenburg

Wallenius Wilhelmsen is taking a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg, Sweden. “It amplifies our operational...

ThPA: A new chapter with the entry of Margarita Louis-Dreyfus

LeonidsPort B.V. of the French Louis-Dreyfus family, whose homonymous business group (LDC) is one of the world’s largest agri-food trading and processing groups, intends...

PPA S.A.: First cruise ship of the year sails at the Port of Piraeus – Historical cruise passenger record

 PPA S.A. welcomed the Viking Saturn, the first cruise ship of the new year, to the Port of Piraeus through a special ceremony that included...

Crowley acquires Main Line, expanding harbor services with mooring capabilities

Crowley announced that it has expanded its harbor services capabilities through the acquisition of Main Line, a vessel mooring company based in Seattle, effective...

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