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Shipbuilding

Hanwha Ocean to build LNG carrier pair for subsidiary

Hanwha Ocean revealed an order for the two LNG carriers, slated for delivery in the second half of 2027. The shipbuilder valued the contract...

Prokopiou Group: 110 vessels under development

George Prokopiou’s shipping group is currently developing a shipbuilding program of approximately 110 ships. The largest ever undertaken by a Greek shipping group. Prokopiou, who...

H-Line Shipping orders newbuild LNG bunkering vessel

HJ Heavy Industries has received an order for an 18,000m3 LNG bunkering ship from H Line Shipping for KRW127.1 billion ($87.6 million). "As the second-term Trump...

GTT, COSCO SHIPPING LNG Investment and COSCO SHIPPING Heavy Industry sign a cooperation agreement

GTT, COSCO SHIPPING LNG Investment (Shanghai) Co., LTD. (CSLNG) and COSCO SHIPPING Heavy Industry Co., LTD. (CHI), have signed a cooperation agreement. This is...

Korea surpasses China in January ship orders, securing 62% of global market share

South Korea has outpaced China to secure the highest volume of ship orders in January, according to a report by Clarkson Research, a British...

Fincantieri secures Norwegian Cruise Line Holdings four-cruise-ship order

Fincantieri announced that the Letter of Intent signed with Norwegian Cruise Line Holdings and announced on April 8, 2024 has been transformed into a...

Arriva Shipping orders dry cargo vessel

Arriva Shipping has announced it has entered into an agreement with Chinese shipyard Jiangsu SOHO Marine Heavy Industry Co. to construct a new battery...

MOL Group signs long-term charter for 3 very large liquified ethane carriers

Mitsui O.S.K. Lines announced that on January 23, its group company MOL Energia signed a long-term charter contract for three newbuilding very large ethane...

Korean shipbuilder wins $2.6 billion order for LNG-powered vessels

HD Korea Shipbuilding & Offshore Engineering secured orders for 12 LNG dual-fuel container ships worth 3.716 trillion won ($2.6 billion), marking its first contract...

Greek Shipping Minister praises ONEX contribution to economy

Minister of Maritime Affairs and Insular Policy, Christos Stylianidis, and Deputy Minister, Stefanos Gikas paid a visit to the ONEX Shipyards. During the visit, Stylianidis...

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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...