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Shipbuilding

Korea’s Hanwha buys 9.9% stake in Australian shipbuilder Austal, filing confirms

South Korean conglomerate Hanwha, opens new tab now owns a 9.9% stake in Australian shipbuilder Austal, opens new tab, an exchange filing showed, opens...

TEN orders $1.3bn shuttle tankers; vessels backed by long-term charters

Tsakos Energy Navigation has ordered nine suezmax shuttle tankers in South Korea, at the price of USD 1.3 billion. A signing ceremony was held in...

Greek shipowners “build” 602 ships in Asian shipyards

The number of commercial ocean-going ships under construction by Greek interests currently stands at 602. Greek shipowners continue their investment “rally”, building modern, quality ships...

Seaspan to build made-in-Canada heavy polar icebreaker

Seaspan Shipyards has been awarded the construction contract to build one of the Canadian Coast Guard’s new heavy polar icebreakers. The polar icebreaker will be...

Trump to create office of shipbuilding, offer tax incentives

U.S. President Donald Trump told Congress on Tuesday that his administration will create an office of shipbuilding in the White House and offer new...

CMA CGM reportedly investing in China-built boxships

CMA CGM is being linked by media reports to the acquisition of a dozen LNG dual-fuel vessels with an 18,000 teu capacity, constructed at...

Seacon Shipping finances second bulker newbuilding

Seacon Shipping has announced a finance lease arrangement involving its indirect wholly-owned subsidiaries. The arrangement involves the sale of a 40,000 dwt bulk carrier...

MSC, TMS Group add US$3Bn in container vessel orders at Chinese shipyard

Zhoushan Changhong International shipyard has confirmed a newbuilding deal with MSC for four (with a pair of two-vessel extension options) 21,700-TEU LNG dual-fuel container...

Maersk and Cochin Shipyard partner to explore ship repairs and shipbuilding activities in India

A.P. Moller - Maersk (Maersk) and Cochin Shipyard Limited (CSL) today announced the signing of a Memorandum of Understanding (MoU) to explore collaboration opportunities...

Evergreen adds eleven 24,000 teu box ships to its orderbook

Evergreen is to spend more than $3bn on another series of 24,000 teu ultra-large containerships. The Taiwanese mainline operator said yesterday it had commissioned 11...

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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...