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Hanwha Ocean wins 375.4 bln-won VLCC order in Oceania

Hanwha Ocean Co., the shipbuilding arm of South Korea's chemical-to-defense conglomerate Hanwha Group, said Tuesday it has secured a 375.3 billion-won (US$255 million) order...

EPS places major order at Hengli

Eastern Pacific Shipping (EPS) has signed contracts with Hengli Shipbuilding for 12 vessels in a deal estimated at $1.1bn–$1.6bn. Specifically, EPS has ordered a series...

Hanwha Ocean secures 1.07 tln-won order from HMM to build 4 container ships

Hanwha Ocean Co., the shipbuilding arm of South Korea's chemical-to-defense conglomerate Hanwha Group, said Friday it has secured a 1.07 trillion-won (US$729.8 million) order...

Super-Eco Tankers orders tanker newbuildings in China

Super-Eco Tankers Management has reportedly signed a contract to build up to four product tankers. Specifically, the shipping company has placed an order for two...

Hajioannou orders MRs at Cosco HI

Polys Hajioannou has reportedly proceeded with an investment in the tanker market, through his private company Safety Management Overseas. The agreement, which according to reports...

HD Hyundai wins 1.46 billion USD order for eight ultra-large container ships

HD Hyundai has secured an order for ultra-large container ships worth around 1.46 billion USD, recording the largest container ship order volume in 18...

Samsung Heavy wins seven container ship order worth 1.9 trillion won

Samsung Heavy Industries said on the 20th that it won an order for seven container carriers from a shipowner in Asia for 1.922 trillion...

HD Hyundai delivers 5,000th ship worldwide

HD Hyundai has set a record by building and delivering 5,000 ships over approximately 50 years. This marks the first time worldwide that a...

Yangzijiang Shipbuilding bags orders worth US$2.2 billion in year to date

Yangzijiang Shipbuilding announced that it has obtained about US$2.2 billion worth of orders in the year to date. This was a fifth of the US$11.6...

MPCC continues strategic fleet renewal with newbuild orders against long-term charters

MPC Container Ships has placed an order for two 1,600 TEU container vessels in combination with 8-year charters to one of the leading global...

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Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

Costamare orders 16 containerships in China; posts USD 75 mln net income in Q1

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...