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Höegh signs contract with China Merchants Heavy Industry to build a series of its zero carbon ready Aurora class vessels

Höegh Autoliners is pleased to announce that it has entered into a contract with China Merchants Heavy Industry (Jiangsu) Co., Ltd. (CMHI) for four...

Blocked Hyundai-Daewoo merger leaves shipbuilders at sea

Europe’s rejection of Hyundai Heavy Industries’ acquisition of Daewoo Shipbuilding Marine & Engineering has scuppered what would have been a major step toward consolidation...

Hyundai says may challenge EU veto against Daewoo deal

Hyundai Heavy Industries’ proposed takeover of rival Daewoo Shipbuilding & Marine Engineering Co Ltd to create the world’s biggest shipbuilder was hit with an...

Korean Shipbuilder Sees Hydrogen Shipping Ready by 2025

Korea Shipbuilding & Offshore Engineering (KSOE) expects to have the technology to transport hydrogen by ship by 2025, an executive said, targeting a breakthrough...

EU blocks Daewoo – Hyundai merger

The European Union on Thursday blocked the merger of South Korean shipbuilding giants Daewoo and Hyundai over concerns about restricting supplies of large liquified...

Maersk orders four more methanol-fuelled containerships

A.P. Moller – Maersk has exercised options for four additional newbuild containerships. The ships will be built by South Korea’s Hyundai Heavy Industries with delivery...

Korea Shipbuilding wins 9 containership orders

Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company for Hyundai Heavy Industries (HHI) Group`s shipbuilders, said Monday it has received 1.33 trillion...

Hudong-Zhonghua in LNG carrier deal with CSSC

Hudong-Zhonghua Shipbuilding has renewed cooperation with China Ship Leasing, part of the China State Shipbuilding Corporation (CSSC) Group, with a new liquified natural gas...

Korean shipyards command 37% of global orders in 2021, best in 8 years

South Korean shipyards had their best year in eight years in 2021 by commanding 37 percent of worldwide vessel orders by volume or 43...

S. Korean shipbuilders record best year since 2013

South Korean shipbuilders last year received orders totaling seventeen-million-440-thousand compensated gross tonnage the industry’s best in eight years. According to the Trade Ministry on Wednesday,...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading. The...

Seanergy Maritime reports third quarter and nine-month 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...

Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...