South Korean shipbuilders saw a 35 percent year-on-year drop in new orders from January to May, according to shipping industry tracker Clarkson Research Services...
According to broker reports, Cosco Shipping Bulk, in collaboration with leasing company Citic FL, contracted Fujian Mawei Shipyard to construct fifteen firm, plus fifteen...
Navios Maritime Partners has reportedly acquired a pair of resale tanker newbuildings.
According to TradeWinds, the company is said to have bought two conventionally fuelled...
According to broker reports, Capital Maritime has placed an order for two 8,800 TEU newbuildings in South Korea.
Specifically, the company is said to be...
Mitsui O.S.K. Lines has ordered a new LNG-fueled very large crude carrier (VLCC), which will sail under a long-term time charter contract with Idemitsu...
The shipbuilding market is gradually showing signs of fatigue, with brokers stressing that after three years of robust orders and strong investment activity, the...
Hanwha Group plans to invest 100 billion won ($71.8 million) in Philly Shipyard, its U.S.-based shipbuilding unit, as part of a long-term strategy to...
NORDEN has signed agreements for two additional 17,500 dwt Multi-purpose (MPP) newbuilding leases with purchase options, with expected deliveries in 2026 and 2027.These follow...
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...
