Amid a deepening supply shortage of very large crude carriers (VLCCs), orders for these oil carrier vessels are surging in 2024. Korean shipbuilders are...
The three largest shipbuilders in South Korea have reported annual earnings that improved from a year earlier, thanks to the reduction of nonprofitable orders...
Tsakos Energy Navigation is reportedly behind a USD 148 million shuttle tanker (154,400 dwt) order placed at Samsung Heavy Industries. Reports suggest the project...
Prominent Greek shipowner George Procopiou is unfolding plans for the country’s Skaramangas shipyard. Speaking to financial news portal Finupnews.gr, Mr. Procopiou the shipyard has...
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) bagged a 491.1 billion won ($366 million) order to build three very large ammonia carriers (VLACs)...
George Procopiou-led Dynacom has reportedly placed an order to build six 75,000-dwt LR1 tanker vessels at New Times Shipbuilding.
Moreover, it is reported that Dynacom...
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...
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 Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...
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 Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...
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 waterfront workers processed 955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...
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...
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...
