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Shipbuilding

Seadrill announces U.S. Gulf contract awards for West Neptune and West Vela

Seadrill Limited announced two contract awards with LLOG Exploration Company LLC, a subsidiary of Harbour Energy in the U.S. Gulf, adding approximately $260 million...

JHI Steamship orders VLCC in S. Korea

JHI Steamship has placed an order for a 320,000 dwt VLCC at Hanwha Ocean, with delivery expected in 2029. The company is also building three...

M/Maritime enters containership sector with debut order

M/MARITIME is entering the feeder containership sector, through investment in the construction of two 2,800 TEU ships at HD Hyundai Heavy Industries (HHI). The agreement...

Odfjell SE signs agreement to acquire four 40,000 dwt stainless steel newbuildings

Odfjell announces that it has signed agreements to purchase four 40,000 dwt fully stainless-steel vessels to be built at Kitanihon Shipbuilding in Japan. The vessels...

HD Hyundai signs MOU with India to expand shipbuilding

The project being pursued by HD Hyundai to establish a new joint venture shipyard in India will be expanded through cooperation with the Indian...

New US coalition lobby group aims to get domestic shipbuilding bill through Congress

U.S. unions and shipbuilding industry employers on Tuesday launched a coalition to rally Congress to ​advance legislation they say would help President Donald ‌Trump...

Yangzijiang spins off new unit to operate vessel delivery and repair in Nantong

Yangzijiang Shipbuilding has spun off a new unit to build and run facilities in Nantong, China, for delivering large vessels and carrying out ship...

Fincantieri to build Spectre, a new class of high-speed unmanned surface vessel

Fincantieri, through its U.S. subsidiary Fincantieri Marine Group (FMG), will build Spectre, a new class of high-speed, multi-mission unmanned surface vessel (USV), developed by...

Aygaz orders LPG carriers at Hyundai Samho

Aygaz has signed a shipbuilding contract with HD Hyundai Samho to build two, dual fuel, liquefied petroleum gas (LPG) transportation vessels (90,000 cbm). The...

Pacific Basin drops dual-fuel plan in favour of conventional ships

Pacific Basin announced that it has revised its ship construction programme, opting for four conventional vessels instead of previously planned dual-fuel ships. The shipping company...

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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...