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Big 3 Korean shipbuilders set to log quarterly profits

South Korea’s three major shipbuilders are likely to log quarterly surplus for the July-September period and remain in the black for years, thanks to...

Exmar LPG orders world’s first ammonia-fuelled newbuildings

EXMAR LPG, a JV between EXMAR and Seapeak, is going ahead with ammonia as fuel for two Midsize Gas Carriers (MGCs) on order at...

Athenian Sea Carriers takes option for 4 tanker newbuildings

Athenian Sea Carriers have declared options for four 20,500 dwt units at CSSC yard Wuchang Shipbuilding Group, according to a latest Clarksons Research report. Delivery...

Korea Shipbuilders Lose Orders to China in September

Korea’s shipbuilding industry lost ground to its rival, the Chinese shipbuilding industry, in September. According to Clarkson Research, a U.K.-based shipbuilding and shipping market analyst,...

Ceremonial launch of first Greek frigate ‘Kimon’

The inauguration of ‘Kimon’ the first Greek frigate took place on Wednesday at the Naval Group shipyards in Lorient, France. Greek Defence Minister Nikos...

HD Hyundai Lands 5-trillion-won Order for 17 LNG Carriers from Qatar

HD Hyundai Heavy Industries (HHI) is expected to be the first company to win a second batch of liquefied natural gas (LNG) carrier orders...

Shipbuilder Damen sues Dutch government over Russia sanctions

Dutch shipbuilder Damen Shipyards has sued the Dutch government over damages it says it has suffered due to European sanctions against Russia. Damen, which produces...

CMA CGM Orders Eight Methanol-Fueled Containerships

CMA CGM has ordered eight additional methanol-fuelled container vessels at Shanghai Waigaoqiao Shipbuilding (SWS). The vessels, with a capacity of 9,200 twenty-foot equivalent units (TEU),...

Diana Shipping Orders Two Kamsarmax Bulkers

Diana Shipping announced that it has signed a letter of intent to order through Marubeni Corporation or its guaranteed nominee, an unaffiliated third party,...

QatarEnergy, HHI sign $3.9 bln deal for 17 LNG carriers

QatarEnergy said on Wednesday it had signed a 14.2 billion riyal ($3.90 billion) deal with HD Hyundai Heavy Industries 329180.KS for the South Korean...

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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...