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Shipbuilding

Samsung Heavy says $3.54 billion icebreaker orders from Russia’s Zvezda cancelled

South Korean shipbuilder Samsung Heavy Industries (010140.KS), opens new tab said on Wednesday that two orders from Russia's Zvezda worth a total of 4.85...

Nuclear Concept from HHI and HD KSOE Receives ABS Approval

ABS issued approval in principle to HD Hyundai Heavy Industries and HD Korea Shipbuilding & Offshore Engineering for a concept of a floating small...

BC Ferries orders 4 ferries at CMI Weihai Shipyard

BC Ferries has selected China Merchants Industry Weihai Shipyards to build four New Major Vessels following a rigorous global procurement process that included a...

Davie advances American shipbuilding expansion with planned acquisition of Gulf Copper’s Texas Shipyards

Davie, a leading international builder of icebreakers and other specialized ships, announced its intention to acquire shipbuilding assets in Galveston and Port Arthur from...

DryDel’s fleet expansion continues

DryDel announced the signing of a newbuilding contract for a 64,000-DWT Ultramax bulk carrier with Nihon Shipyard (Imabari Shipbuilding Co., Ltd.) - one of...

ONE linked to major boxship order at HD KSOE

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured a KRW 2.4 trillion ($1.76 billion) contract to build eight eco-friendly containerships for an...

Korean shipbuilders suffer 35% drop in orders through May: report

South Korean shipbuilders saw a 35 percent year-on-year drop in new orders from January to May, according to shipping industry tracker Clarkson Research Services...

COSCO orders up to 30 newbuildings, boosting MPP fleet

According to broker reports, Cosco Shipping Bulk, in collaboration with leasing company Citic FL, contracted Fujian Mawei Shipyard to construct fifteen firm, plus fifteen...

Navios linked to newbuilding resales

Navios Maritime Partners has reportedly acquired a pair of resale tanker newbuildings. According to TradeWinds, the company is said to have bought two conventionally fuelled...

Purus orders a 180,000 cbm dual-fuel Liquified Natural Gas Carrier from Hyundai Heavy Industries

Purus has placed an order for a 180,000 cbm Liquified Natural Gas carrier (LNGC) from Hyundai Heavy Industries in South Korea. Upon delivery in...

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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...