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Shipbuilding

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...

Hanwha Philly Shipyard wins 1st LNG carrier order under Hanwha ownership

Hanwha Philly Shipyard, a U.S.-based shipyard recently acquired by South Korea's Hanwha Ocean Co., has secured a 348 billion-won (US$251.2 million) contract for a...

Yang Ming orders LNG dual-fuel vessels from Hanwha Ocean advancing its fleet optimization plan

As part of its ongoing fleet optimization plan, Yang Ming Marine Transport Corporation held its 404th Board Meeting and approved the order of seven...

Skaramangas Shipyards, TKMS sign submarines MoU

A Memorandum of Understanding (MoU) between the German company TKMS (Thyssenkrupp Marine Systems) and Skaramangas Shipyards, regarding the implementation of a Mid-Life Upgrade (MLU)...

HD Hyundai seeking to expand its reach to Morocco, following the U.S. and India

HD Hyundai Heavy Industries is seeking to establish a new production base in the North African nation of Morocco. With its docks already full...

Seaspan signs MoU to reestablish domestic supply chain with Stigterstaal Canada & Algoma Steel

Seaspan Vancouver Shipyards has signed a Memorandum of Understanding with Stigterstaal Canada and Algoma Steel Inc. to explore a strategic partnership aimed at reestablishing...

Itochu orders world’s first ammonia bunkering vessel

Itochu Corporation has reached an agreement to build the world’s first ammonia bunkering vessel, aiming to operate by September 2027. The 5,000 cubic meter vessel...

K Shipbuilding enters M&A Market, seeks trillion-won valuation

K Shipbuilding Co., a mid-sized shipbuilder which was previously called STX Offshore & Shipbuilding, has been put up for sale. The selling side expects...

Sinokor orders boxships at HD Hyundai

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has signed a contract with an Oceania shipping company to build four container ships. The order...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...