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Daewoo Shipbuilding wins 521 bln-won LNG ship order

Daewoo Shipbuilding & Marine Engineering Co. said Friday it has received a 521 billion-won (US$430 million) liquefied natural gas ship order in North America....

Capital Maritime orders containership quartet at Hyundai Mipo

According to latest broker reports, Greek owner Capital Maritime has inked a deal with Hyundai Mipo for the construction of four 2,800-teu units at...

Danaos orders methanol-ready containerships

Danaos Corporation has ordered two methanol ready 7,100 TEU containerships in China. As informed, the vessels will be built at Dalian Shipbuilding in China and...

South Korea yards win most LNG newbuilding orders in Jan, Feb

Clarksons Research announced on March 8 that 41 shipbuilding orders (1.29 million CGT) were placed worldwide last month and South Korean shipbuilders won 16...

Hyundai Heavy Industries to reopen Gunsan shipyard on surging orders

Hyundai Heavy Industries (HHI) has decided to resume the operation of its shipyard on a 1.8 million square meters area of land in Gunsan,...

Shipbuilding shares soar on Europe’s natural gas supply problem

Korean shipbuilding companies saw their stock prices soar Wednesday, on growing expectations that they will receive more liquefied natural gas (LNG) ship orders, as...

S. Korea remains behind China in new ship orders in Jan

South Korea stayed behind China in global vessel order book in the new year despite strong gain versus December. According to Clarkson Research Services,...

Keppel O&M wins new contracts, including FSRU deal with GAS-fifteen

Keppel Offshore & Marine has won new contracts worth an estimated $186 million. Specifically, Keppel Shipyard has been awarded contracts worth approximately S$250 million for...

Rising LNG Bunker Costs Not Deterring Carrier Newbuilds

Investment in new LNG-fuelled ships has continued at pace, with class society DNV last month recording a further 40 gas-powered vessels on its AFI...

Maran Gas Maritime orders two LNG carriers from DSME

Daewoo Shipbuilding & Marine Engineering (DSME) won an order for 2 LNG carriers from Maran Gas Maritime. The ships will be built at Okpo...

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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...