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Shipbuilding

Beihai Shipbuilding Wins Contract for Two Bulkers

Beihai Shipbuilding has signed a contract with Seacon Shipping Group for the construction of two 210,000 DWT newcastlemax bulk carriers. The two vessels will be...

Imabari shipbuilding completes acquisition of Japan Marine United

Imabari Shipbuilding says it completed the purchase of a controlling stake in Japan Marine United, or JMU, on Monday as it seeks to compete...

Wuhu Shipyard secures 2+2 64,500 DWT Bulk Carrier contract with Turkey’s Aqmaris

On January 6th, Chinese shipbuilder Wuhu Shipyard successfully signed a contract with Turkish company Aqmaris for the construction of 2+2 64,500 DWT bulk carriers. At...

Clean Energy Carriers announces further expansion with an order for three latest specification LNG Carriers

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, announced it has ordered three latest technology LNG carriers to be built at HD...

d’Amico orders two MR1 from Guangzhou Shipyard

d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C., has...

Hanwha Ocean to sign MOU to bridge pay gap between prime contractors and subcontractors

Hanwha Ocean will sign an agreement with the government and the shipbuilding industry to eliminate the gap between prime contractors and subcontractors. As the...

MOL signs a project finance agreement for FSRU project in Singapore

Mitsui O.S.K. Lines, Ltd. announced the signing of a project finance agreement with a banking syndicate-including the Japan Bank for International Cooperation (JBIC), Mitsubishi...

DryDel strengthens its footprint in Capes

DryDel Shipping has announced the further strengthening of its Capesize bulk carrier fleet, signing an agreement with Namura Shipbuilding Co., Ltd. for the construction...

ClassNK issues approval in principle for Multiple Alternative Fuels Ready and OCCS Ready Bulk Carrier by Oshima Shipbuilding

ClassNK has issued approval in principle for a concept design of the Multiple Alternative Fuels Ready (Ammonia/Methanol/LNG) and OCCS Ready Bulk Carrier developed by...

Wan Hai Lines orders six LNG dual-fuel-ready 6,000-TEU ships in deal worth up to $492m

Wan Hai Lines has signed contracts for six LNG dual-fuel-ready containerships of about 6,000 TEU in a transaction valued at $451.2m to $492.0m, according...

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Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

Costamare orders 16 containerships in China; posts USD 75 mln net income in Q1

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...