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Methanol plays decarbonisation role in very large ore carrier segment

Qingdao Beihai shipyard has ordered 10 × Everllence B&W 7G80ME-LGIM (-Liquid Gas Injection Methanol) Mk 10.5 engines in connection with the construction of 10...

Royal Caribbean Group secures shipbuilding slots at Meyer Turku through 2036 as part of new long-term agreement

Royal Caribbean Group, a global vacation leader that is redefining the future of vacations, announced a long-term framework agreement with Meyer Turku that secures...

Singapore’s Seatrium selling Texas shipyard to Turkey’s Karpowership for $51 million

Singapore-based Seatrium Limited (SEAT.SI), opens new tab said on Tuesday it has a deal to sell its "surplus" AmFELS Yard shipbuilding facility in Texas...

HD Hyundai Heavy Industries continues pursuit of U.S. Shipyard Acquisition

HD Hyundai Heavy Industries has announced its intention to pursue the acquisition of a U.S. shipyard while stating that it is not considering additional...

Hanwha appoints Former U.S. Deputy National Security Advisor as Global Chief Strategy Officer

Hanwha Group, a global leader in defense, shipbuilding, and energy solutions, has appointed Alex Wong as Global Chief Strategy Officer (CSO) to lead the...

AD Ports Group awards contract to Baku Shipyard for construction of 2 shallow-draft container vessels to serve trade routes across Caspian Sea

AD Ports Group has awarded a contract to Baku Shipyard in Azerbaijan for the construction of two 780 twenty-foot equivalent unit (TEU) shallow-draft container...

Hanwha Ocean wins 1.9 tln-won order for 7 LNG ships from Taiwan’s YangMing

Hanwha Ocean Co. said Wednesday it has clinched a 1.93 trillion-won (US$1.47 billion) order from Taiwan's YangMing Marine Transport Corp. to build seven liquefied...

Product tanker newbuilding contracting drops 86% to nine-year low

“Between January and August, product tanker newbuilding contracting dropped 86% y/y to 2.6 million deadweight tonnes (DWT) representing a nine-year low,” says Filipe Gouveia,...

Gov’t to support shipbuilding projects involving Arctic routes: minister

The government will provide financial support for projects aimed at building icebreakers that will run through Arctic shipping routes, the oceans minister said Thursday,...

New Shipping linked to suezmax order at SHI

According to broker reports, New Shipping is linked to an order for two suezmax newbuildings at Samsung Heavy Industries (SHI), at a price thought...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...