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Shipbuilding

Sea Consortium orders boxship pair at Hyundai Mipo

According to a Clarksons Research report, Sea Consortium is said to have ordered a pair of 2,800 TEU boxships at Hyundai Mipo in South...
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SteelShips linked to product tankers order at K Shipbuilding

SteelShips is being linked by broker reports to an order at K Shipbuilding for two petroleum product tankers. It is suggested that the LNG and...
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Samsung Heavy industries wins container ship deal amid U.S.-China Tensions

Samsung Heavy Industries has secured its first container ship order of the year, as the Korean shipbuilding industry is expected to benefit from the...
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EcoLog participates in liquefied hydrogen project

The world’s first liquefied hydrogen corridor is about to be built, with the collaboration of Oman, the Netherlands, Germany and Peter Livanos-controlled EcoLog. Specifically, a...
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Korean Shipbuilder Hanwha seizes chance to build US LNG tankers

A South Korean shipbuilder plans to construct the first US-built liquefied natural gas tanker, following sweeping recommendations from a US trade agency that would...
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China Merchants Industry expands into containership manufacture with acquisition of Qingdao Yangfan Shipbuilding

Chinese conglomerate China Merchants Industry Holdings (CMI) recently completed its acquisition of Qingdao Yangfan Shipbuilding. Following the acquisition, Qingdao Yangfan Shipbuilding began operating as China...
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Yangzijiang financial places order for bulk carriers at Jingjiang Nanyang Shipbuilding

After nearly one month, Yangzijiang Financial Holding once again placed a shipbuilding order at Jingjiang Nanyang Shipbuilding. Yangzijiang Financial’s latest investment focus has shifted from...
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Trump signs order to revive us shipbuilding, DOGE review of Navy

President Donald Trump signed an executive order Wednesday that seeks to revive US shipbuilding and will dispatch Elon Musk’s efficiency squad to investigate how...
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Fincantieri and Viking announce the world’s first hydrogen-powered cruise ship and sign contracts for two new units

Fincantieri and Viking announced the first cruise ship in the world to be powered by hydrogen stored onboard for both propulsion and onboard electricity...
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Grimaldi Group orders 9 Ro-Pax vessels in China

The Grimaldi Group has commissioned the construction of nine ropax vessels from China Merchants Jinling Shipyard (Weihai), a China Merchants Group company. The deal...
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New Fortress Energy posts quarterly loss as all segments show weak performance

New Fortress Energy posted a loss in the first quarter on Wednesday, as the U.S. LNG firm struggled with weak performance across its segments,...

CMA CGM: A solid Group continuing its transformation in an unstable market environment

The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met under the chairmanship of...

C3is reports financial and operating results for the first quarter of 2025

C3is, a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the first quarter...

Castor Maritime Reports Fourth Quarter and Full Year Results for 2024

Castor Maritime, a diversified global shipping and energy company, today announced its results for the three months and year ended December 31, 2024. Highlights of...

HHLA starts new financial year with strong revenue and earnings

Despite the continually weak German economy, geopolitical tensions – notably the war in Ukraine and the escalating situation in the Middle East – as...

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. has entered into a new collaboration with Nutrigem Maritime Wellbeing...

Denmark first to launch data-driven remote pilotage

With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating...

Baltic Index Hits Over 1-Week Peak On Higher Capesize Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Paul Pathy of Fednav elected BIMCO President

BIMCO has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping...

EU agrees new sanctions on Russia and threatens more if Putin refuses ceasefire

The European Union has agreed to impose a new round of sanctions against Russia,...

NYK to build and operate next-generation finished-vehicle logistics terminal at Port of Barcelona

On May 7, NYK was awarded a 27-year concession from Port de Barcelona for a finished-vehicle logistics terminal at the port. The new facility, scheduled...

Port of Long Beach Busiest in U.S. through First Quarter

Coming off its best first quarter on record, the Port of Long Beach is the nation’s busiest port through the first three months of...

PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

AD Ports Group moves to expand presence in Kazakhstan with plans to develop a multipurpose terminal, expand fleet in the Caspian Sea region and...

AD Ports Group, an enabler of integrated trade, transport and logistics solutions, today announced the signing and exchange of a number of diverse agreements...

MSC maintains its investment focus on Greek cruising and ports

The Mediterranean Shipping Company Group insists on Greek destinations in the cruise sector, despite the fact that it openly expresses its objections to the...

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