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Shipbuilding

Greek shipowners: Shipbuilding activity returns to 2007 levels

Greek shipowners’ newbuilding orders are moving at levels reminiscent of the pre-crisis boom of 2007, as a remarkable acceleration across all major vessel segments...

Beacon Tankers linked to suezmax order at Hengli

Hengli Heavy Industry has reportedly received an order from Beacon Tankers for the construction of two firm plus two optional 158,000 dwt Suezmax tankers. This...

Matson new vessel construction program marks two milestones

Matson, Inc. marked two milestones in its fleet renewal program with the beginning of hull assembly on the second of three new LNG powered...

Damen starts repair activities in Dakar

Damen Shipyards Group and the Senegalese Government have formed a joint venture (JV) to operate Damen Shiprepair Dakar on the West African coast. The...

HD KSOE wins 504.8 billion won VLGC order

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding intermediate holding company of HD Hyundai, announced on May 4 that it has signed...

Hanwha Ocean wins 507.4b won deal for three mega ammonia carriers

Hanwha Ocean said on the 4th that it won an order worth 507.4 billion won in total to build three very large ammonia carriers...

CMT orders two more newcastlemax bulk carriers at Qingdao Beihai

Taiwan-based shipping company Chinese Maritime Transport (CMT) has placed an order for two additional newcastlemax bulk carriers at China State Shipbuilding Corporation's Qingdao Beihai...

YZJ Maritime orders 10 newbuilds, brings fleet to 105

Maritime asset manager Yangzijiang (YZJ) Maritime Development has ordered 10 newbuilds to increase its portfolio to 105 vessels, of which 53 are under construction,...

Hanwha Ocean and Leidos to strengthen U.S. and allied naval shipbuilding

Hanwha Ocean and Leidos are collaborating to advance next-generation naval ship design, strengthen U.S. shipbuilding capacity, and pursue opportunities across global defense markets. Hanwha Ocean’s...

Danaos linked to Newcastlemax deal

Danaos Corporation, led by Dr. Ioannis Koustas, is moving forward with a new strategic initiative in the dry bulk sector, having reached an agreement...

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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...