Sunday, May 3, 2026
HomeNewsShipbuilding

Shipbuilding

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Shipbuilding

South Korea bets big on reviving troubled US shipbuilding to woo Trump

South Korean President Lee Jae Myung leaned on promises to “Make American Shipbuilding Great Again” during his first official U.S. trip, as the two...

Hanwha Ocean eyes Brazilian shipyard to back offshore projects

South Korea’s Hanwha Ocean is considering establishing a shipyard in Niterói, in the metropolitan area of Rio de Janeiro, to support local offshore projects...

Centrofin Management orders kamsarmax bulkers at Hengli

Centrofin Management has reportedly placed an order for two bulk carriers at a Chinese shipyard. Specifically, the shipping company agreed to build a pair of...

Yangzijiang Shipbuilding’s net profit up 37% in H1

Yangzijiang Shipbuilding has reported a 36.7% increase in its net profit attributable to equity holders to $756m (RMB 4.2b) in the first half (H1)...

VARD and North Star continue strategic partnership for two hybrid SOVs

VARD announced a new contract with the UK’s largest shipowner-operator North Star, marking a significant milestone in the companies’ shared commitment to sustainable maritime...

TEN confirms VLCC order at Hanwha

Tsakos Energy Navigation has confirmed an order for up to three VLCC newbuildings at Hanwha Ocean. TEN has ordered two eco VLCCs at the S....

South Korea, US agree to 15% tariff rate; shipbuilding central to deal

South Korea and the United States have reached a trade agreement setting the new US tariff rate at 15%, down from the previously announced...

Schoeller orders 1,900 TEU containership in China

Huangpu Wenchong Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), and Schoeller Holdings have signed a construction contract for two 1,900 TEU container...

Fincantieri Reports All-Time Record Backlog

Fincantieri has reported an all-time high total backlog of €57.7 billion in its recently approved first half 2025 results.

W Marine orders 2+2 feeder containerships

W Marine has reportedly placed an order with Huanghai Shipbuilding in China for two firm and two optional 1,800 TEU containerships. The first boxship is...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

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...