According to broker reports, Capital Maritime has placed an order for two 8,800 TEU newbuildings in South Korea.
Specifically, the company is said to be...
Mitsui O.S.K. Lines has ordered a new LNG-fueled very large crude carrier (VLCC), which will sail under a long-term time charter contract with Idemitsu...
The shipbuilding market is gradually showing signs of fatigue, with brokers stressing that after three years of robust orders and strong investment activity, the...
Hanwha Group plans to invest 100 billion won ($71.8 million) in Philly Shipyard, its U.S.-based shipbuilding unit, as part of a long-term strategy to...
NORDEN has signed agreements for two additional 17,500 dwt Multi-purpose (MPP) newbuilding leases with purchase options, with expected deliveries in 2026 and 2027.These follow...
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a three-week low on...
The Board of Directors of Fincantieri, chaired by Biagio Mazzotta, has approved the interim financial information as of March 31, 2025.
FINANCIAL RESULTS
Significant growth in Revenues at euro 2,376...
Thyssenkrupp AG’s naval division is scouting for shipbuilding partners across Europe, as new submarine orders push its German shipyards toward full capacity.
Thyssenkrupp Marine Systems,...
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...
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 is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
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...
