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Shipbuilding

ESL Shipping builds a series of fossil-free handysize vessels 

ESL Shipping is building a series of four new, fossil-free handysize vessels. These new 1A ice-class vessels are the top of the market in...

Hercules Tanker Management orders ‘ultra-spec’ chemical tanker quartet

Hercules Tanker Management orders ‘ultra-spec’ chemical tanker quartet Hercules Tanker Management (HTM) – the new shipping venture established by Peninsula founder and CEO, John A....

Eastern Pacific to add two ULECs to its fleet

The deal for 150,000 cu m vessels was announced at HD Hyundai Samho, each worth roughly about $207m. Eastern Pacific Shipping (EPS) to extend its...

Wärtsilä’s strong relationship with Jiangnan Shipyard enhanced with system orders for five new VLECs

Technology group Wärtsilä will supply the Cargo Handling and Fuel Gas Supply systems for five new Very Large Ethane Carrier (VLEC) vessels. The order...

HD Korea Shipbuilding wins US$511.3 million order for 4 container ships

HD Korea Shipbuilding & Offshore Engineering Co., a major South Korean shipyard, said it has secured a 674.6 billion-won (US$511.3 million) order to build...

ABS approves liquefied hydrogen carrier design from Samsung Heavy Industries

ABS issued general design approval to Samsung Heavy Industries for its detailed design of a liquefied hydrogen carrier. The 20,000 cbm vessel features Type C...

GRSE secures international order worth USD 108 million

GRSE has secured an additional order for four multi-purpose vessels from Carsten Rehder Schiffsmakler and Reederei GmbH & Co., KG Germany. This follows an initial...

ST Engineering unveils smart shipyard

ST Engineering officially opened its new shipyard located at 55 Gul Road in a ceremony officiated by Mr Desmond Tan, Senior Minister of State,...

Titanic builder Harland & Wolff to enter administration amid debt woes

RMS Titanic shipbuilder Harland & Wolff announced on Monday that it will enter administration following financial troubles. After an account audit, the iconic Belfast shipbuilder's...

PaxOcean receives order for up to 10 MPSVs

PaxOcean has signed a contract with an undisclosed Greek owner for the construction of up to 10 multipurpose service vessels (MPSV). Pax Ocean said...

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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...