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Samsung Heavy tops $10 billion in annual orders, first in five years

Samsung Heavy Industries has surpassed $10 billion (approximately 15.051 trillion won) in annual orders for the first time in five years since 2021, after...

Rakuten Symphony announces first commercial deployment of integrated vessel cybersecurity solution with Hanwha Ocean

Rakuten Symphony Inc. announced the official commercial deployment of its Rakuten Maritime vessel cybersecurity solution, securing a full-scale implementation agreement with South Korean shipbuilding...

Greek shipowners enter golden three-year expansion cycle

Greek shipowners are running an extensive investment programme in newbuild commercial vessels, with deliveries accelerating in recent years, according to data shared by Xclusiv...

Goldenport linked to feeder newbuilding order at reactivated Chinese yard

John Dragnis-led Goldenport Shipmanagement has reportedly joined the feeder container ship newbuilding wave among Greek shipowners with an order at a reactivated Chinese shipyard. Multiple...

TEN Ltd. announces second lNG carrier order in Hyundai Heavy Industries – 20-vessel newbuilding program on schedule

TEN Ltd., a leading diversified tanker and LNG operator, today announced the order of a second LNG carrier at Hyundai Heavy Industries in South...

COSCO Shipping Development places order for 24 new bulkers

COSCO Shipping Development has signed contracts to acquire 24 dry cargo vessels from domestic shipbuilders. The transaction includes 15 multipurpose grain vessels of 87,000 DWT...

Karpowership expands global fleet with new 300 MW “Sea Lion” class Powerships

Karpowership has reached another milestone in the expansion of its global fleet with the commencement of construction on its new "Sea Lion" class Powerships....

Jeio Heavy buys Gunsan shipyard to revive South Korea shipbuilding hub

The Gunsan Shipyard in North Jeolla, which halted operations nine years ago and partially restarted in 2023 with block production, has a new owner....

Global Ship Lease announces additional newbuilding orders

Global Ship Lease, Inc., a containership owner and lessor, today announced that, subject to certain conditions precedent being met, the Company has agreed individual...

Dorian LPG Ltd. announces VLGC newbuilding contract, forward chartering estimates and memorandums of agreement to sell three VLGCs

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), announced that it entered into an agreement with HD...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

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...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

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 Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

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...