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Shipbuilding

DSME logs big loss in 2022 on higher costs

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it posted a large loss in 2022 on higher costs, despite a...

Keppel completes $3.34 bln sale of unit to Sembmarine

Singapore's Keppel Corp (KPLM.SI) said on Tuesday that Sembcorp Marine (Sembmarine) (SCMN.SI) has completed a S$4.50 billion ($3.34 billion) buyout of its offshore &...

Latsco orders VLGC newbuilding pair at KSOE

Latsco has reportedly placed an order for two very large gas carriers at Hyundai Heavy Industries’ shipyard in Ulsan at the price of USD...

Hanwha Group buys HSD Engine

Hanwha Group will acquire ship engine maker HSD Engine in a move to shore up its shipbuilding unit following the conglomerate's takeover late last...

HMM orders 9 methanol-powered containerships

HMM, has invited tenders from its four largest compatriot shipbuilders to build nine 8,000 teu containerships. Hyundai Heavy Industries (HHI), Samsung Heavy Industries, Daewoo Shipbuilding...

China’s shipbuilders catch tailwind to sail on brighter journey

China’s shipbuilders have kicked off the new year on a busy note, as they are handling new orders. One such company is the Shanghai Waigaoqiao...

CMA CGM linked with order for 12 methanol-powered boxships at KSOE

Korea Shipbuilding & Offshore Engineering (KSOE) has won an order for the construction of twelve very large container ships from an unnamed European shipping...

Samsung Heavy Industries seals $496.4 million order for LNG carriers

Samsung Heavy Industries (SHI) has bagged a 609.7-billion-won ($496.4 million) order to build two liquefied natural gas (LNG) carriers for an Oceanian shipper. The carriers...

Maran Dry moves for dual-fuel capesize bulk carriers

According to various reports, Maran Dry Management has taken control of two LNG dual-fueled newbuildings currently being built in China. The 190,000-dwt vessels are under...

Golden Energy Management orders suezmax tankers at DH Shipbuilding

Golden Energy Management has reportedly ordered the construction of two suezmax tankers at DH Shipbuilding, S. Korea. According to broker reports, the Restis-family firm has...

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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...