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Hanwha Ocean Q2 profit nearly doubles on high-margin LNG ships

Hanwha Ocean said Monday its second-quarter operating profit nearly doubled from a year earlier, driven by the ramp-up of liquefied natural gas carriers and...

Korea ship engine makers outpace shipbuilders as China demand lifts orders

Hanwha Engine and HD Hyundai Marine Engine, the two leading domestic ship engine makers, secured as much work in the first half of this...

Samsung Heavy Industries expands U.S. shipbuilding cooperation

Samsung Heavy Industries Co., a major South Korean shipbuilder, said Friday it will pursue broad cooperation with the U.S. shipbuilding industry as part of...

Samsung Heavy inks deal with U.S. company on FSMR development

Samsung Heavy Industries, a major Korean shipbuilder, said Wednesday it has signed a memorandum of understanding with U.S. engineering firm Sargent & Lundy (S&L)...

HD Hyundai names Qatar LNG Carrier

HD Hyundai Heavy Industries has once again demonstrated its shipbuilding technology and on-time delivery capabilities in Qatar’s mega project, led by the world’s largest...

HD Hyundai and Kiewit Offshore Services announce strategic partnership to support U.S. shipbuilding

HD Hyundai and Kiewit Offshore Services, Ltd. (KOS) announced they have entered into a Strategic Partnership Agreement to pursue collaboration on shipbuilding projects serving...

Seacon orders bulker pair at Tsuneishi Zhoushan

Seacon Shipping announced an order at a Chinese shipyard for two bulk carrier newbuildings worth USD 66 million.

China Merchants Energy Shipping set to build 6 VLOCs – report

China Merchants Energy Shipping announced plans to construct six new 343,000 DWT very large ore carriers for a total investment expected to not exceed...

Minerva Dry expands container footprint with four 6,000 TEU newbuilds ordered at Hengli Heavy Industries

Minerva Dry, a subsidiary of the leading Greek private shipowner Minerva Marine, is continuing to expand its presence in the container shipping market by...

Turkish group Ciner brings VLAC investment above US$1Bn with three more vessels

South Korean shipbuilding conglomerate HD Hyundai announced on 13 July that it had secured an order from an unnamed European shipowner for three VLACs...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...