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Shipbuilding

Alpha Bulkers linked to order for capesize newbuildings

Citing shipbuilding sources, TradeWinds reports Alpha Bulkers Shipmanagement has contracted Hengli Heavy Industry to build two 181,000-dwt capesizes for delivery in 2028. A source told...

HD Hyundai chosen as preferred bidder for TerraPower’s SMR project

HD Hyundai said Thursday its shipbuilding unit HD Hyundai Heavy Industries Co. has been selected as a preferred supplier for a next-generation nuclear reactor...

GSL linked to containerships order in China

Global Ship Lease (GSL) is believed to have ordered a first ever series of midsize container ship newbuildings in China, TradeWinds reports. The order for...

Pan Ocean orders four VLCCs to expand liquid cargo business

Pan Ocean said on the 14th that it decided to place newbuilding orders for four very large crude carriers (VLCCs). The investment amounts to 783.4...

Thenamaris linked to MR tankers order

Thenamaris has reportedly ordered four MR2 product tankers from the HD Hyundai Mipo shipyard. According to market sources, the four ships, each with a capacity...

PLL signs a 20-year time charter party with MISC for five newbuild LNG Carriers

PETRONAS LNG Ltd. has signed a 20-year time charter agreement with MISC Group for five newbuild 174,000-cbm liquefied natural gas carriers, reinforcing its...

Safe Bulkers announces recapitulation agreements for the acquisition of four newbuild dry-bulk vessels

Safe Bulkers, Inc, an international provider of marine dry bulk transportation services, announced that it has entered into recapitulation agreements for the acquisition of...

TMS Cardiff Gas linked to VLGC order at HD Hyundai

TMS Cardiff Gas, led by George Economou, is being linked to new orders at a South Korean shipyard. More specifically, market sources suggest the Greek...

ONE tied to US$1.2Bn order for six box ships in Korea

HD Hyundai Heavy Industries disclosed on 8 May that it had secured an order for six container ships from an unnamed Asian shipping company,...

HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

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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...