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Shipbuilding

DryDel enters the Capesize Sector

The DryDel announced its official entry into the Capesize Sector. The announcement reads: “We are thrilled to announce our official entry into the Capesize sector...

Solstad Offshore: Contract award for Normand Maximus

Solstad Offshore ASA announced a contract award with an undisclosed client for the subsea construction vessel “Normand Maximus.” The contract has a duration of 1...

EuroDry signs contract for the construction of two modern 63,500 DWT ultramax bulk carriers

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has signed a contract with...

Samsung Heavy wins certification for wind-powered LNG carrier

Samsung Heavy Industries announced on Wednesday that it received basic design certification for an LNG carrier equipped with its wind-assisted propulsion system, the “wing...

Fincantieri: Vard to build five Walk-to-work vessels

Vard, the Norwegian subsidiary of the Fincantieri Group and one of the major global designers and shipbuilders of specialized vessels, has signed a new...

Thyssenkrupp plans marine IPO within a year, Division Head says

Thyssenkrupp AG is planning an initial public offering of its naval shipbuilding unit within a year after plans to sell a majority stake to...

Fincantieri posts solid 9M results, lifts revenue forecast

The BoD of Fincantieri approved 9M 2024 results. STRONG ORDER INTAKE IN ALL BUSINESSES WITH TOTAL BACKLOG AT EURO 40.1 BILLION AND BACKLOG VISIBILITY UP...

COSCO Shipping Energy orders VLCCs

According to various reports, COSCO Shipping Energy is to proceed with a strategic investment in six 307,000 DWT VLCCs, to be built by Dalian...

Dynacom Tankers linked to LR1 order in China

Dynacom Tankers is reported to have placed an order in China for 4 newbuildings. Specifically, the Greek shipping firm will build four 75,000 dwt panamax...

Korean shipbuilders upbeat on Trump’s call for collaboration

Korean shipbuilders are raising hopes to expand their presence in the US, following President-elect Donald Trump’s call for more bilateral cooperation in the shipbuilding...

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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...