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Bibby Marine announces new shipbuilding contract for eCSOV

Bibby Marine announced the signing of a new shipbuilding contract with shipyard Armon, to build its innovative electric Commissioning Service Operation Vessel (eCSOV).  Located in...

HD KSOE’s new hydrogen tech gets nod from four authorities

HD Korea Shipbuilding & Offshore Engineering became the first Korean company to receive approval in principle from four major classification societies for its liquefied...

U.S. Probe finds China unfairly dominates shipbuilding, paving way for penalties

U.S. President Joe Biden’s administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three...

HD KSOE Set to Deliver 139 Ships This Year

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is set to commence the delivery of liquefied natural gas (LNG) carriers on the 6th, marking...

HJ Heavy Industries secures design approval for 88,000㎥ VLAC

HJ Heavy Industries announced on the 30th that it has obtained approval for the design concept for an 88,000㎥ super-large eco-friendly ammonia carrier (VLAC)...

Samsung Heavy Industries is speeding up orders centered on high value-added ships

Samsung Heavy Industries is a super-sized ethanol carrier (VLEC) worth 742.2 billion won with ship owners in Asia. It announced on the 26th that...

COSCO Shipping announces major partnership for 10 new bulk carriers

On December 19, COSCO Shipping partnered with Everbright Financial Leasing and Jiangsu Hantong Shipbuilding in Nantong to sign agreements for the construction and long-term...

China Merchants inks USD 100 million lease deal for two bulk carrier newbuildings

China Merchants Energy Shipping (CMES) is leasing two Newcastlemax bulk carriers on a 5-year charter at the cost of USD 100 million from sister...

China’s Wuyang Tanker orders two LNG bunkering vessels

Chinese shipping company Fuzhou Wuyang Refined Oil Trading has placed an order for a new LNG bunkering and supply vessel to be built by...

Rongsheng Heavy Industries restarts business

The once bankrupt Chinese shipbuilder Rongsheng Heavy Industries has restarted business under the new name of Jiangsu New Rongsheng Heavy Industry. Rongsheng was previously the...

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Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

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...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

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...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

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...