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Shipbuilding

India’s ONGC signs deal with Japan’s MOL on building and operating VLECs

India’s state-owned Oil and Natural Gas Corporation has signed an agreement with Japan’s Mitsui O.S.K. Lines to build and operate two very large ethane...

Fincantieri Marine Group appoints George Moutafis as Chief Executive Officer

Fincantieri Marine Group (FMG), the U.S. subsidiary of Fincantieri – one of the world’s largest shipbuilding groups and a global leader in the construction...

Navios Maritime linked to $460m newbuilding order at HJ Heavy

According to media reports, HJ Heavy Industries has secured a $460 million contract from Navios Maritime Partners for four methanol-ready 8,000 TEU container ships,...

MSC strikes $1.2bn shipbuilding deal in China

MSC has reportedly struck a $1.2 billion shipbuilding deal in China. Specifically, the company has placed an order for up to six LNG dual-fuel...

BHP awards charter contracts for two ammonia dual-fuelled vessels

BHP has signed contracts with COSCO Shipping Bulk, a subsidiary of COSCO shipping Group for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers. The...

ClassNK issues world’s first AiP for LCO2/methanol carrier developed by Mitsubishi Shipbuilding & MOL

ClassNK has issued an approval in principle (AiP) for a LCO2/Methanol Carrier jointly developed by Mitsubishi Shipbuilding and Mitsui O.S.K.The certification confirms the feasibility...

LS Marine Solution teams with Turkey on mega HVDC cable ship

Leading South Korean submarine cable manufacturer LS Marine Solution announced Monday that it has signed a construction agreement with Turkey’s Tersan Shipyard to build...

Amon Maritime secures funding to build large ammonia-fuelled bulkers

Amon Maritime has secured NOK 253 million ($25.1 million) in funding from Norwegian state agency Enova to support the construction of two ammonia-powered bulk...

Seacon orders electric training boxship at Fujian Mawei

Seacon Shipping has reached an agreement with Fujian Mawei Shipbuilding to develop electric container vessels.     According to media reports, Seacon has placed an order for...

Imabari Shipbuilding to acquire JMU, surpassing Hanwha Ocean ranked fourth in the global market

Imabari Shipbuilding, Japan’s largest shipbuilding company, is set to acquire additional shares in Japan Marine United (JMU), aiming to make it a subsidiary and...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading. The...

Seanergy Maritime reports third quarter and nine-month 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...

Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...