COSCO Shipping Energy Transportation has finalized shipbuilding contracts for six new tankers worth a total of $449 million (approximately RMB 2.9 billion).
Hainan COSCO Shipping...
In 2024, Korean shipbuilders are likely to benefit from an increase in tanker orders because of increased distances for crude oil transportation due to...
Performance Shipping announced that, through two separate wholly-owned subsidiaries, it has signed two shipbuilding contracts with China Shipbuilding Trading Co. Ltd. (“CSTC”) and Shanghai...
Samsung Heavy Industries has been ordered to pay $290 million in compensation to SK Shipping for defects in two liquefied natural gas (LNG) carriers...
Three designs developed by Deltamarin have received Approval in Principle (AiP) from the classification society DNV.
The certificates were handed over at Marintec China to...
HMM and Hyundai Glovis joined forces to order six LNG dual-fuel pure car and truck carriers from China’s Guangzhou Shipyard International (GSI).
The agreement for...
Seaspan Corporation (Seaspan), the world-leading owner and operator of containerships, continues quality growth through the 10,800 CEU dual-fuel LNG, with ammonia and methanol ready,...
Maersk Tankers has confirmed that it has ordered up to ten very large ammonia carriers (VLACs) at Hyundai Samho Heavy Industries in Korea.
The order...
According to media reports, Atlas Maritime has placed an order for two suezmax tankers (158,000 dwt) at DH Shipbuilding.
The price of the two vessels...
Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.
Highlights
• First quarter Adjusted EBITDA...
Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026).
Revenue for 4Q FY2025 was US$4,042 million, bringing the total...
Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier.
Ordinary...
The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...
A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...
