Fincantieri, through its U.S. subsidiary Fincantieri Marine Group (FMG), will build Spectre, a new class of high-speed, multi-mission unmanned surface vessel (USV), developed by...
Aygaz has signed a shipbuilding contract with HD Hyundai Samho to build two, dual fuel, liquefied petroleum gas (LPG) transportation vessels (90,000 cbm). The...
Pacific Basin announced that it has revised its ship construction programme, opting for four conventional vessels instead of previously planned dual-fuel ships.
The shipping company...
Yangzijiang Maritime is investing in eight ‘Very Large Crude Carrier’newbuilds of approximately 319,000 deadweight tonnes (DWT) each.
The vessels will be constructed by a large...
Navios Maritime Partners, led by Angeliki Frangou, is further strengthening its ties with the Japanese shipping and shipbuilding market, with its latest investment totaling...
Byzantine Maritime has reportedly ordered two 40,000 dwt LPG vessels from the HD Hyundai Heavy Industries shipyard in South Korea, returning to the market...
Carlova Maritime has reportedly ordered a second 300,000 dwt VLCC from South Korea’s Hanwha Ocean shipyard.
The first of the two ships is expected to...
In a significant move that underscores the continued expansion of intra-Asian trade routes, Shanghai-listed Zhonggu Logistics has announced a substantial investment in fleet modernization....
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...
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...
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...
The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...
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...