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VARD and North Star continue strategic partnership for two hybrid SOVs

VARD announced a new contract with the UK’s largest shipowner-operator North Star, marking a significant milestone in the companies’ shared commitment to sustainable maritime...

TEN confirms VLCC order at Hanwha

Tsakos Energy Navigation has confirmed an order for up to three VLCC newbuildings at Hanwha Ocean. TEN has ordered two eco VLCCs at the S....

South Korea, US agree to 15% tariff rate; shipbuilding central to deal

South Korea and the United States have reached a trade agreement setting the new US tariff rate at 15%, down from the previously announced...

Schoeller orders 1,900 TEU containership in China

Huangpu Wenchong Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), and Schoeller Holdings have signed a construction contract for two 1,900 TEU container...

Fincantieri Reports All-Time Record Backlog

Fincantieri has reported an all-time high total backlog of €57.7 billion in its recently approved first half 2025 results.

W Marine orders 2+2 feeder containerships

W Marine has reportedly placed an order with Huanghai Shipbuilding in China for two firm and two optional 1,800 TEU containerships. The first boxship is...

COSCO launches major newbuilding program

On July 29, COSCO SHIPPING Development (CSD) announced a major move in its ship leasing and industrial-finance integration strategy, committing more than RMB 6...

Hanwha Ocean swings to Q2 profit on high-end ships

Hanwha Ocean Co., a major South Korean shipbuilder, said Tuesday it returned to the black in the second quarter from a year earlier, backed...

Hyundai Hyms sale kicks off as J& Private Equity sends out teaser letters

Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&PE), begins...

Daehan Shipbuilding’s IPO draws strong demand ahead of Kospi debut

DH Shipbuilding, a mid-to-large-sized South Korean shipbuilder, has successfully wrapped up its institutional bookbuilding ahead of its Kospi listing, in what may signal a...

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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...