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Shipbuilding

SAFEEN Drydocks secures major vessel construction contracts valued at $354mln

SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major vessel construction contracts valued at AED1.3 Billion (US$354 million) in total, marking...

COSCO Shipping Energy Transportation orders four newbuild LNG carriers

COSCO Shipping Energy Transportation (CSET) has signed shipbuilding contracts with Jiangnan Shipyard for the construction of four 175,000 cubic metre liquefied natural gas (LNG)...

Venergy Maritime Places suezmax orders at Hengli Shipbuilding

Venergy Maritime has reportedly ordered up to four suezmax newbuildings at Hengli Shipbuilding, for an undisclosed price. Specifically, the company placed firm orders for two...

DryDel: Three new ship orders at Japanese shipyards

DryDel Shipping has announced a further expansion of its newbuilding investment programme ahead of the international shipping exhibition Posidonia 2026, signing agreements for the...

Korean shipbuilders seize bulk of VLGC/VLAC orders as LPG demand surges

The high-value ship order range of Korean shipbuilders is expanding from liquefied natural gas (LNG) carriers to very large gas carriers and very large...

Dynacom inks order for 12 VLCCs at Hudong-Zhonghua Shipbuilding

Hudong–Zhonghua Shipbuilding, in collaboration with China Shipbuilding Industry Trading Company, has sealed a newbuilding contract with Greek shipowner Dynacom for the construction of 12...

Samsung Heavy wins five-vessel order

Samsung Heavy Industries has secured a package order for five vessels spanning three vessel types from a single shipping company. Samsung Heavy Industries disclosed on...

Alpha Bulkers linked to order for capesize newbuildings

Citing shipbuilding sources, TradeWinds reports Alpha Bulkers Shipmanagement has contracted Hengli Heavy Industry to build two 181,000-dwt capesizes for delivery in 2028. A source told...

HD Hyundai chosen as preferred bidder for TerraPower’s SMR project

HD Hyundai said Thursday its shipbuilding unit HD Hyundai Heavy Industries Co. has been selected as a preferred supplier for a next-generation nuclear reactor...

GSL linked to containerships order in China

Global Ship Lease (GSL) is believed to have ordered a first ever series of midsize container ship newbuildings in China, TradeWinds reports. The order for...

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Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Navios Maritime Partners highlights strong bond market performance

Navios Maritime Partners, controlled by shipowner Angeliki Frangou, took part in Pareto Securities’ Greek Shipping Capital Markets Seminar, outlining its views on shipping, capital...

Maerks released its Interim Report for the 1st Quarter 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

NAPA and Samsung Heavy Industries partner to advance fuel-efficient ship design and operations

NAPA, the global provider of maritime software and data services, has signed a Memorandum...

Hormuz traffic climbs as supertankers sail into Persian Gulf

Traffic through the Strait of Hormuz picked up for the first time since Iran’s...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...