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Shipbuilding

Navios linked to newbuilding resales

Navios Maritime Partners has reportedly acquired a pair of resale tanker newbuildings. According to TradeWinds, the company is said to have bought two conventionally fuelled...

Purus orders a 180,000 cbm dual-fuel Liquified Natural Gas Carrier from Hyundai Heavy Industries

Purus has placed an order for a 180,000 cbm Liquified Natural Gas carrier (LNGC) from Hyundai Heavy Industries in South Korea. Upon delivery in...

Capital Maritime linked to boxship order

According to broker reports, Capital Maritime has placed an order for two 8,800 TEU newbuildings in South Korea. Specifically, the company is said to be...

MOL Inks long-term time charter deal for newbuilding VLCC

Mitsui O.S.K. Lines has ordered a new LNG-fueled very large crude carrier (VLCC), which will sail under a long-term time charter contract with Idemitsu...

Shipbuilding market showing signs of fatigue

The shipbuilding market is gradually showing signs of fatigue, with brokers stressing that after three years of robust orders and strong investment activity, the...

Hanwha to invest $72M in Philly Shipyard to build LNG carriers

Hanwha Group plans to invest 100 billion won ($71.8 million) in Philly Shipyard, its U.S.-based shipbuilding unit, as part of a long-term strategy to...

Longship Group confirms option for four additional PMAX ECO TRADER vessels

Longship Group has confirmed the option for four additional PMAX ECO TRADER vessels. This decision brings the total number of vessels in the series...

NORDEN expands MPP fleet, reinforcing growth in Projects & Parcelling

NORDEN has signed agreements for two additional 17,500 dwt Multi-purpose (MPP) newbuilding leases with purchase options, with expected deliveries in 2026 and 2027.These follow...

Baltic index hits three-week low on weaker capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a three-week low on...

Korean shipbuilders approach peak boom with 200 trillion won order backlog

The order backlog of major Korean shipbuilders has exceeded 190 trillion won in the first quarter of this year, approaching the 200 trillion won...

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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...