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Shipbuilding

Evalend Shipping linked to tanker order at HD Hyundai

South Korea’s HD Hyundai has confirmed it has received an order for the construction of two 157,000-dwt tankers, valued at approximately USD 180 million. Deliveries...

VARD signs contract for one Commissioning Service Operation Vessel

VARD signed a new contract with Taiwanese based Dong Fang Offshore for the design and construction of one Commissioning Service Operation Vessel, a sister...

CSSC Trading, SWS, and SEASPAN sign contract for 6 containerships

China State Shipbuilding Trading Corporation, a subsidiary of China State Shipbuilding Corporation Limited, joined forces with Shanghai Waigaoqiao Shipbuilding Co., Ltd. and SEASPAN Group...

OOCL strikes USD 3.08 billion deal for 14 large containership newbuildings

Orient Overseas (International) Limited (OOCL) has ordered fourteen new containerships equipped with methanol dual-fuel engines. More specifically, the contracts are worth approximately USD 3.08 billion,...

Dynacom Tankers orders suezmax newbuildings

According to a TradwWinds report, Dynacom Tankers Management has placed an order at New Times Shipbuilding for two scrubber-fitted 159,000-dwt suezmax newbuildings. The vessels...

Sea Consortium orders boxship pair at Hyundai Mipo

According to a Clarksons Research report, Sea Consortium is said to have ordered a pair of 2,800 TEU boxships at Hyundai Mipo in South...

SteelShips linked to product tankers order at K Shipbuilding

SteelShips is being linked by broker reports to an order at K Shipbuilding for two petroleum product tankers. It is suggested that the LNG and...

Samsung Heavy industries wins container ship deal amid U.S.-China Tensions

Samsung Heavy Industries has secured its first container ship order of the year, as the Korean shipbuilding industry is expected to benefit from the...

EcoLog participates in liquefied hydrogen project

The world’s first liquefied hydrogen corridor is about to be built, with the collaboration of Oman, the Netherlands, Germany and Peter Livanos-controlled EcoLog. Specifically, a...

Korean Shipbuilder Hanwha seizes chance to build US LNG tankers

A South Korean shipbuilder plans to construct the first US-built liquefied natural gas tanker, following sweeping recommendations from a US trade agency that would...

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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...