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Thursday, October 3, 2024
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Korean shipbuilders in talks for $6.6 bn Qatar LNG tanker deals

South Korean shipbuilders are in talks with Qatar for expected $6.6 billion deals to manufacture additional liquefied natural gas (LNG) tankers as the growing...
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Korean Shipbuilding Industry eyes on profitable container ships with high market demand

South Korea’s shipbuilding industry is experiencing a resurgence in container ship orders amid a period of high ship prices and ample order backlogs. This...
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Wind Energy Construction AS contracts VARD for one ECV

Vard signed a contract for the design and construction of one state-of-the-art Energy Construction Vessel (ECV) with Wind Energy Construction AS. The parties have...
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Specter of crippling strike looms over Korean shipyards

Concerns are growing that a potential labor dispute may dampen a long-awaited boom in the shipbuilding industry, as unionized shipyard workers prepare to strike...
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Hanwha Ocean spurs innovation for greener shipbuilding

As the maritime industry navigates towards a greener future, the demand for vessels meeting stringent carbon reduction regulations is increasing in line with the...
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TotalEnergies to build LNG bunker in China

CSSC Hudong Zhonghua Shipbuilding says that Total Energies has contracted one plus one 18,600 cu metres LNG bunkering vessels. It is the hundredth LNG carrier...
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Fincantieri signs order with Carnival Corporation for three mega-cruise ships

Fincantieri signed an agreement with Carnival Corporation & plc for the design, engineering, and construction of three new cruise ships for the Carnival Cruise Line brand....
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South Korea’s shipbuilding boom at risk due to escalating labor disputes

The shipbuilding industry is on the brink of an unprecedented boom, driven by increased orders for liquefied natural gas (LNG) ships and the need...
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Yangzijiang Shipbuilding working to acquire over 866,671 sqm of land for new clean energy ship manufacturing base

Yangzijiang Shipbuilding is working to acquire land use rights of about 1300 Chinese mu – or 866,671 sqm – of land in Jiangsu Province,...
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CMA CGM linked to order for LNG fuelled container ships

CMA CGM has reportedly ordered up to 12 LNG dual-fuel large container vessels at two yards owned by South Korean conglomerate HD Hyundai. HD Hyundai...
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GOGL: Renewal of share buy-back program

The Board of Directors of Golden Ocean Group announced the establishment and renewal of a share buy-back program. The Company has repurchased a total...

Stolt-Nielsen posts a third quarter net profit of $99.2 million

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2024. The Company reported a third quarter net...

Trafigura secures USD3.2 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility (“RCF”) and Term Loan Facilities...

Carnival reports record-setting operating results, outperforms Q3 guidance & raises full year guidance for 3rd time

Carnival Corporation & plc announced financial results for the third quarter 2024 and provided an updated outlook for the full year and an outlook...

Seanergy Mails Letter to Shareholders Highlighting its Commitment to Delivering Value to All Shareholders

Seanergy Maritime Holdings Corp. announced that it has commenced mailing of proxy materials to its shareholders in connection with the Company’s 2024 Annual Meeting...

New LNG system opens in Greece aiming to reduce reliance on Russian gas

The new project, funded in part by the European Commission aims to reduce southeastern...

MISC signs shipbuilding contract for two LNG carriers; gets long-term charter with PETRONAS

MISC Bhd and Samsung Heavy Industries signed shipbuilding contracts for the construction of two...

Baltic index falls for third day on weaker rates for all vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

Celestyal announces specialist coffee bar expansion

To mark international coffee day (October 1), Celestyal has announced the expansion of its...

New CEO for Wilhelmsen Ship Management

Wilhelmsen Ship Management announced the retirement of Carl Schou after 19 years of service,...

US ports brace for shut down as dockworkers strike

A dockworkers' strike is set to shut down ports across much of the US indefinitely, threatening significant trade and economic disruption ahead of the...

US East Coast port strike set to start Tuesday, says union

A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said...

MSC Group establishes a new container terminal at Port of Aarhus

Port of Aarhus has just signed an agreement with the global container shipping company Mediterranean Shipping Company (MSC) for the lease of land at...

CMA CGM to acquire a c.48% stake in Santos Brasil

Santos Brasil is the leading terminal operator in Brazil with 8 strategic assets in container, liquid, and vehicle handling and logistics services across the...

Florida legislators present JAXPORT with $23 million for container crane purchase and refurbishment

Florida Legislators presented JAXPORT with a $23 million check for crane upgrades during today’s monthly Board of Directors meeting. The funding will be...

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