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Shipbuilding

Korean designed nuclear-powered LNG carrier certified

Samsung Heavy Industries has obtained Approval in Principle from the American Bureau of Shipping and the Liberian Registry for a 174,000-cubic-metre liquefied natural gas...

Marco Polo Marine and Salt Ship design to collaborate in construction of CSOV Plus

Marco Polo Marine, a reputable regional integrated marine logistics company, announced the selection of Salt Ship Design AS, a renowned Norwegian ship designer, to...

Navios agrees new charters & 4 containership newbuildings deal

Navios Maritime Partners has revealed 5-year charters and an agreement for 4 newbuilding container ships worth USD 460 million. A relevant SEC filing reads: In July...

Evalend linked to suezmax order in S. Korea

HD Hyundai has secured a USD 174 million deal for two 157,000-dwt Suezmax tankers, with delivery set for December 2027. Reports suggest Evalend Shipping is...

Greeks take lead in shipbuilding; orderbook exceeds 600 vessels – report

The Greek orderbook remained at impressively high levels for yet another month, confirming the leading role of Greek shipowners in global shipping. According to the...

Yangzijiang Shipbuilding secures new deals worth $920m

Yangzijiang Shipbuilding (Holdings) Ltd has secured additional shipbuilding contracts for 22 vessels worth around $920m. In a bourse filing, the company said the contracts include...

South Korea bets big on reviving troubled US shipbuilding to woo Trump

South Korean President Lee Jae Myung leaned on promises to “Make American Shipbuilding Great Again” during his first official U.S. trip, as the two...

Hanwha Ocean eyes Brazilian shipyard to back offshore projects

South Korea’s Hanwha Ocean is considering establishing a shipyard in Niterói, in the metropolitan area of Rio de Janeiro, to support local offshore projects...

Centrofin Management orders kamsarmax bulkers at Hengli

Centrofin Management has reportedly placed an order for two bulk carriers at a Chinese shipyard. Specifically, the shipping company agreed to build a pair of...

Yangzijiang Shipbuilding’s net profit up 37% in H1

Yangzijiang Shipbuilding has reported a 36.7% increase in its net profit attributable to equity holders to $756m (RMB 4.2b) in the first half (H1)...

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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...