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Shipbuilding

NAT takes delivery of 2 suezmax newbuildings; secures two long term contracts

Nordic American Tankers announced that on May 13, 2022, it took delivery of the first of two recent suezmax tanker newbuildings from Samsung shipyard...

China delivers world’s largest containership

The world’s largest container ship, built by China State Shipbuilding Corporation, can carry 24,000 twenty-foot equivalent unit (TEU) containers, and was handed over in...

Wärtsilä and Stena to build the world’s largest hybrid vessels

The technology group Wärtsilä will supply its hybrid propulsion system for three new RoPax vessel currently built for Stena RoRo, Europe´s largest ferry company....

Samsung Heavy Industries Wins Orders for 14 LNG Carriers

Samsung Heavy Industries announced on June 22 that it has won orders for 12 174,000-cubic-meter LNG carriers from a client in Bermuda. The contract...

Americraft Marine Acquires Florida Jones Act-Compliant Shipbuilding Facility

Americraft Marine, a maritime subsidiary of the Libra Group, announced the acquisition of St. Johns Ship Building, a full-service marine facility specializing in constructing...

Korean shipyards’ profitability to improve on higher LNG tanker contract prices

South Korean shipyards grappling with intensifying industry competition, surging material prices and labor costs are expected to breathe easily with rising LNG tanker orders...

Capital Gas orders 2 LNG carrier newbuildings

Evangelos Marinakis-led Capital Gas Ship Management Corp has ordered the construction of two more LNG carriers at S. Korea’s Hyundai Samho Heavy Industries. The vessels...

Chinese Shipbuilders Increasing Share in LNG Market

Chinese shipbuilders are entering the global LNG carrier market, which has been dominated by South Korean shipbuilders. For example, last month, Jiangnan Shipyard signed...

South Korea tops shipbuilding order volume in May

South Korean shipbuilders took back the top spot from China in the world market in May, winning nearly half of total global orders. Korean...

Maran Gas orders two LNG newbuildings at DSME

Maran Gas has placed an order with Daewoo Shipbuilding & Marine Engineering for the construction of two 174,000 cu m liquified natural gas carriers...

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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...