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Hanwha Ocean Q2 profit nearly doubles on high-margin LNG ships

Hanwha Ocean said Monday its second-quarter operating profit nearly doubled from a year earlier, driven by the ramp-up of liquefied natural gas carriers and...

Korea ship engine makers outpace shipbuilders as China demand lifts orders

Hanwha Engine and HD Hyundai Marine Engine, the two leading domestic ship engine makers, secured as much work in the first half of this...

Samsung Heavy Industries expands U.S. shipbuilding cooperation

Samsung Heavy Industries Co., a major South Korean shipbuilder, said Friday it will pursue broad cooperation with the U.S. shipbuilding industry as part of...

Samsung Heavy inks deal with U.S. company on FSMR development

Samsung Heavy Industries, a major Korean shipbuilder, said Wednesday it has signed a memorandum of understanding with U.S. engineering firm Sargent & Lundy (S&L)...

HD Hyundai names Qatar LNG Carrier

HD Hyundai Heavy Industries has once again demonstrated its shipbuilding technology and on-time delivery capabilities in Qatar’s mega project, led by the world’s largest...

HD Hyundai and Kiewit Offshore Services announce strategic partnership to support U.S. shipbuilding

HD Hyundai and Kiewit Offshore Services, Ltd. (KOS) announced they have entered into a Strategic Partnership Agreement to pursue collaboration on shipbuilding projects serving...

Seacon orders bulker pair at Tsuneishi Zhoushan

Seacon Shipping announced an order at a Chinese shipyard for two bulk carrier newbuildings worth USD 66 million.

China Merchants Energy Shipping set to build 6 VLOCs – report

China Merchants Energy Shipping announced plans to construct six new 343,000 DWT very large ore carriers for a total investment expected to not exceed...

Minerva Dry expands container footprint with four 6,000 TEU newbuilds ordered at Hengli Heavy Industries

Minerva Dry, a subsidiary of the leading Greek private shipowner Minerva Marine, is continuing to expand its presence in the container shipping market by...

Turkish group Ciner brings VLAC investment above US$1Bn with three more vessels

South Korean shipbuilding conglomerate HD Hyundai announced on 13 July that it had secured an order from an unnamed European shipowner for three VLACs...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...