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Navios orders 2 more containerships at Zhoushan Changhong

Navios has reportedly ordered two 5,300 teu ships from Chinese yard Zhoushan Changhong International (ZCIS) for delivery in 2024. The company has an option...

Daewoo Shipbuilding wins W1.5t orders for 6 LNG carriers

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Wednesday it has bagged orders worth a combined 1.5 trillion won ($1.3 billion) to build six...

Navios places containership order

According to reports, Navios Maritime Partners placed an order at Zhoushan Changhong International Shipyard 2+2 5,300 TEU containerships. The price was not disclosed. Delivery...

EU resumes probe of KSOE-DSME merger

The European Union's antitrust regulator is resuming an investigation into a proposed merger of two Korean shipbuilders that it suspended last year. The European...

Capital Maritime orders MR tankers at HMD

Capital Maritime & Trading is reported to be adding six MR tankers being built at Hyundai Mipo Dockyard to its fleet. The 50,000 dwt vessels...

EU set to block HHI’s $2 bil. acquisition of DSME – report

Despite Hyundai Heavy Industries' (HHI) submission of a number of solutions to address concerns over fair competition among large container vessel builders, the European...

Korean, Chinese, Japanese Shipbuilders Racing to Develop Ammonia-powered Vessels

Competition is heating up among shipbuilders in Korea, China, and Japan to develop ammonia-powered ships amid growing demand for eco-friendly vessels. Ammonia is an...

Celsius Tankers orders LNG carriers at SHI

Celsius Tankers has ordered two 180,000 cu m LNG carriers at Samsung Heavy Industries, bringing the company's gas fleet to 10 vessels.  The two...

Daewoo Shipbuilding bags W487b order for 2 LNG carriers

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has signed a 486.7 billion-won ($410.9 million) deal to construct two LNG carriers. DSME will...

Korean shipyards climb back to the peak in global order book

South Korea bounced back to No.1 position in global ship orders in October on the surging global trade volume. Korean shipyards brought home the...

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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...