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Shipbuilding

HII and HD Hyundai Heavy industries sign memorandum of understanding

HII and HD Hyundai Heavy Industries, two of the world’s leading shipbuilders across multiple classes of ships, signed a memorandum of understanding to explore...
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Seaspan begins construction on heavy polar icebreaker

Seaspan Shipyards cut steel on the Canadian Coast Guard’s new heavy polar icebreaker, signifying the start of construction on one of the most advanced...
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HD Korea Shipbuilding & Offshore Engineering announces new contract for tanker duo

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on April 2 that it has recently...
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Diana Shipping becomes strategic partner in two 7,500 cbm Semi-Refrigerated LPG newbuildings

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that the Company agreed to become...
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Langh takes delivery of first new feeder for Borchard charter

With “Ingrid”, the Finnish shipping group Langh is launching the commissioning of a newbuild series for the container feeder market. The 1,200 TEU freighter was...
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Korea’s Hanwha buys 9.9% stake in Australian shipbuilder Austal, filing confirms

South Korean conglomerate Hanwha, opens new tab now owns a 9.9% stake in Australian shipbuilder Austal, opens new tab, an exchange filing showed, opens...
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TEN orders $1.3bn shuttle tankers; vessels backed by long-term charters

Tsakos Energy Navigation has ordered nine suezmax shuttle tankers in South Korea, at the price of USD 1.3 billion. A signing ceremony was held in...
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Greek shipowners “build” 602 ships in Asian shipyards

The number of commercial ocean-going ships under construction by Greek interests currently stands at 602. Greek shipowners continue their investment “rally”, building modern, quality ships...
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Seaspan to build made-in-Canada heavy polar icebreaker

Seaspan Shipyards has been awarded the construction contract to build one of the Canadian Coast Guard’s new heavy polar icebreakers. The polar icebreaker will be...
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Trump to create office of shipbuilding, offer tax incentives

U.S. President Donald Trump told Congress on Tuesday that his administration will create an office of shipbuilding in the White House and offer new...
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New Fortress Energy posts quarterly loss as all segments show weak performance

New Fortress Energy posted a loss in the first quarter on Wednesday, as the U.S. LNG firm struggled with weak performance across its segments,...

CMA CGM: A solid Group continuing its transformation in an unstable market environment

The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met under the chairmanship of...

C3is reports financial and operating results for the first quarter of 2025

C3is, a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the first quarter...

Castor Maritime Reports Fourth Quarter and Full Year Results for 2024

Castor Maritime, a diversified global shipping and energy company, today announced its results for the three months and year ended December 31, 2024. Highlights of...

HHLA starts new financial year with strong revenue and earnings

Despite the continually weak German economy, geopolitical tensions – notably the war in Ukraine and the escalating situation in the Middle East – as...

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. has entered into a new collaboration with Nutrigem Maritime Wellbeing...

Denmark first to launch data-driven remote pilotage

With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating...

Baltic Index Hits Over 1-Week Peak On Higher Capesize Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Paul Pathy of Fednav elected BIMCO President

BIMCO has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping...

EU agrees new sanctions on Russia and threatens more if Putin refuses ceasefire

The European Union has agreed to impose a new round of sanctions against Russia,...

NYK to build and operate next-generation finished-vehicle logistics terminal at Port of Barcelona

On May 7, NYK was awarded a 27-year concession from Port de Barcelona for a finished-vehicle logistics terminal at the port. The new facility, scheduled...

Port of Long Beach Busiest in U.S. through First Quarter

Coming off its best first quarter on record, the Port of Long Beach is the nation’s busiest port through the first three months of...

PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

AD Ports Group moves to expand presence in Kazakhstan with plans to develop a multipurpose terminal, expand fleet in the Caspian Sea region and...

AD Ports Group, an enabler of integrated trade, transport and logistics solutions, today announced the signing and exchange of a number of diverse agreements...

MSC maintains its investment focus on Greek cruising and ports

The Mediterranean Shipping Company Group insists on Greek destinations in the cruise sector, despite the fact that it openly expresses its objections to the...

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