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Shipbuilding

Third-generation heir Chung Kisun appointed chairman of HD Hyundai

Chung Kisun, vice chairman of HD Hyundai Group, was appointed its chairman on Friday, marking a generational shift at the family-run South Korean shipbuilding...

Daehan Shipbuilding wins two 8,800TEU container ships worth approx. KRW 330 billion

Daehan Shipbuilding, which secured orders for eight Suezmax crude oil carriers in September, has now signed a contract worth approximately KRW 330 billion to...

CMA CGM Group signs a letter of intent for six new 1700 TEU Dual-Fuel LNG Containerships built in India

The CMA CGM Group has signed a letter of intent for six state-of-the-art LNG-powered containerships to be built at Cochin Shipyard Limited (CSL), India....

Sogestran orders two new bunker vessels

Partners for over 34 years, Petroineos and Maritima are renewing their fleet dedicated to bunkering operations in the Fos, Marseille, and Toulon areas, reaffirming...

Capital Group linked to supertanker order

According to broker reports, Capital Group is thought to have ordered a 306,000 dwt VLCC newbuilding at Hengli Heavy Industries. The vessel is estimated to...

India’s Cochin Shipyard secures mega order from CMA CGM for first boxships

India’s efforts to break into the leadership in global shipbuilding are taking a large step forward with Cochin Shipyard securing its first-ever international order...

China takes steps against US-linked units of S.Korea shipbuilder Hanwha

China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean (042660.KS), opens new tab amid trade tension between the...

MPCC continues strategic fleet renewal with newbuild orders against long-term charters

MPC Container Ships has placed an order for two 1,600 TEU container vessels in combination with 8-year charters to one of the leading global...

Minerva Dry orders boxship trio in China

Minerva Dry is believed to have ordered three 3,000 TEU containerships at Penglai Zhongbai Jinglu Ship Industry, at a price of approximately USD 45...

Chartworld linked to order for up to 8 boxships

According to market sources, Chartworld Shipping has placed an order with Yangzhou Guoyu Shipbuilding for four firm and four optional 3,100 TEU containerships. The price...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...