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HD Hyundai splits shipbuilding footprint as China dominates global orders

HD Hyundai Chairman Chung Ki-sun is moving to diversify the group’s production footprint as Chinese shipbuilders tighten their grip on global orders. The strategy...

Laskaridis linked to VLCC order at Hengli

According to broker reports, Laskaridis Shipping is believed to have placed an order for two 306,000 dwt VLCCs at Hengli Dalian. Reports suggest deliveries have...

New Times Shipbuilding wins order for four Tri-Fuel Newcastlemax bulk carriers from Wooyang Shipping

According to market reports, the South Korean mid-sized bulk carrier owner Wooyang Shipping has placed an order with New Times Shipbuilding for four 210,000...

HD Hyundai Samho and ClassNK sign MOU for joint development of LNG carrier design applying the amended IGC Code

HD Hyundai Samho Co., Ltd. and ClassNK have signed a Memorandum of Understanding (MOU) for joint development of an LNG carrier design incorporating the...

DNV awards HD HHI AiP for 271K CBM LNG Carrier

DNV has awarded HD Hyundai Heavy Industries (HD HHI) an Approval in Principle (AiP) certificate for their new 271,000 CBM LNG carrier (LNGC) design....

Asyad Shipping awards $103.6 million contract to Hyundai Heavy Industries for two MR tankers

Asyad Shipping Company S.A.O.G. has awarded Hyundai Heavy Industries Co., Ltd. (HHI) shipbuilding contracts for the construction of two new Medium Range (MR) product...

Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave

The shipbuilding and maintenance arm of state-owned marine transport giant China Cosco Shipping has completed initial public offering (IPO) guidance registration, paving the way...

Drydocks World and Cochin Shipyard form joint venture to strengthen India’s ship repair industry

Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) signed a joint venture agreement to operate and expand the International Ship Repair...

Investment in new cruise ship construction totaling $87.4bn

The value of new cruise ships currently on order worldwide has reached $87.4 billion, with the orderbook standing at 80 vessels and an investment...

Hanwha Ocean wins 477.8 bln-won order for 3 VLGCs

Hanwha Ocean Co., a South Korean shipbuilder, said Tuesday it has won a 477.8 billion-won (US$349 million) contract to build three very large gas...

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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...