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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...

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...

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...

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...

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...

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...

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...

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...

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...

HII and HD Hyundai Heavy industries sign memorandum of understanding

HII and HD Hyundai Heavy Industries, two of the world’s leading shipbuilders across multiple classes of ships, signed a memorandum of understanding to explore...

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Subsea 7 S.A. announces first quarter 2026 results

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...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

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...

MOL sees sharp net profit drop

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...

Costamare orders 16 containerships in China; posts USD 75 mln net income in Q1

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

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...