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Shipbuilding

SAFEEN Drydocks secures major vessel construction contracts valued at $354mln

SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major vessel construction contracts valued at AED1.3 Billion (US$354 million) in total, marking...

COSCO Shipping Energy Transportation orders four newbuild LNG carriers

COSCO Shipping Energy Transportation (CSET) has signed shipbuilding contracts with Jiangnan Shipyard for the construction of four 175,000 cubic metre liquefied natural gas (LNG)...

Venergy Maritime Places suezmax orders at Hengli Shipbuilding

Venergy Maritime has reportedly ordered up to four suezmax newbuildings at Hengli Shipbuilding, for an undisclosed price. Specifically, the company placed firm orders for two...

DryDel: Three new ship orders at Japanese shipyards

DryDel Shipping has announced a further expansion of its newbuilding investment programme ahead of the international shipping exhibition Posidonia 2026, signing agreements for the...

Korean shipbuilders seize bulk of VLGC/VLAC orders as LPG demand surges

The high-value ship order range of Korean shipbuilders is expanding from liquefied natural gas (LNG) carriers to very large gas carriers and very large...

Dynacom inks order for 12 VLCCs at Hudong-Zhonghua Shipbuilding

Hudong–Zhonghua Shipbuilding, in collaboration with China Shipbuilding Industry Trading Company, has sealed a newbuilding contract with Greek shipowner Dynacom for the construction of 12...

Samsung Heavy wins five-vessel order

Samsung Heavy Industries has secured a package order for five vessels spanning three vessel types from a single shipping company. Samsung Heavy Industries disclosed on...

Alpha Bulkers linked to order for capesize newbuildings

Citing shipbuilding sources, TradeWinds reports Alpha Bulkers Shipmanagement has contracted Hengli Heavy Industry to build two 181,000-dwt capesizes for delivery in 2028. A source told...

HD Hyundai chosen as preferred bidder for TerraPower’s SMR project

HD Hyundai said Thursday its shipbuilding unit HD Hyundai Heavy Industries Co. has been selected as a preferred supplier for a next-generation nuclear reactor...

GSL linked to containerships order in China

Global Ship Lease (GSL) is believed to have ordered a first ever series of midsize container ship newbuildings in China, TradeWinds reports. The order for...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading. The...

Seanergy Maritime reports third quarter and nine-month 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...

Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...