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South Korea’s shipbuilding boom at risk due to escalating labor disputes

The shipbuilding industry is on the brink of an unprecedented boom, driven by increased orders for liquefied natural gas (LNG) ships and the need...

Yangzijiang Shipbuilding working to acquire over 866,671 sqm of land for new clean energy ship manufacturing base

Yangzijiang Shipbuilding is working to acquire land use rights of about 1300 Chinese mu – or 866,671 sqm – of land in Jiangsu Province,...

CMA CGM linked to order for LNG fuelled container ships

CMA CGM has reportedly ordered up to 12 LNG dual-fuel large container vessels at two yards owned by South Korean conglomerate HD Hyundai. HD Hyundai...

HD Hyundai Samho expands berthing facilities

South Korean shipbuilder HD Hyundai Samho Co. has expanded its berthing facilities to meet the growing number of orders for eco-friendly ships. The subsidiary of...

Danaos confirms order for five new container ships

Danaos Corporation has ordered five new methanol-ready containerships for $509 million at Chinese shipyards. Specifically, the company has ordered one additional 8,258 TEU containership to...

Seatrium secures favoured customer contract from Angelicoussis Group, Greece’s largest Shipping Company

Seatrium Limited has successfully secured a Favoured Customer Contract (FCC) with Angelicoussis Group, the largest shipping group in Greece and one of the world’s...

Korea plans $1.4bn investment for smart shipbuilding projects

The Republic of Korea’s industry ministry said Tuesday it plans to pursue investment projects worth 2 trillion won (US$1.44 billion) over the next ten...

Fincantieri and Viking sign contracts for two cruise ships

Fincantieri and Viking have announced that they have signed contracts for the construction of two cruise vessels, based on the successful features of the...

HD Hyundai, Hanwha, Samsung face intensifying disputes with shipyard workers

Labor-management conflict at domestic shipyards has been heightened, as unionized workers call for higher salaries and improved welfare benefits amid an ongoing shipbuilding boom,...

Fincantieri signs agreement with Crystal for two new high-end cruise ships

Fincantieri and Crystal announced the signing of a Memorandum of Agreement (MoA) for the construction of two state-of-the-art high-end cruise ships, plus an option...

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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...