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Shipbuilding

Yangzijiang Maritime invests in eight VLCCs for 2028–2030 delivery

Yangzijiang Maritime is investing in eight ‘Very Large Crude Carrier’newbuilds of approximately 319,000 deadweight tonnes (DWT) each. The vessels will be constructed by a large...

Navios: 300-million for newbuildings in Japan

Navios Maritime Partners, led by Angeliki Frangou, is further strengthening its ties with the Japanese shipping and shipbuilding market, with its latest investment totaling...

COSCO tanker in the Piraeus shipbuilding and repair zone

The COSCO tanker Rong Hua Wan was docked at the floating dry dock of the ship repair zone of Piraeus Port Authority S.A. (PPA),...

Byzantine Maritime linked to order for two LPG ships

Byzantine Maritime has reportedly ordered two 40,000 dwt LPG vessels from the HD Hyundai Heavy Industries shipyard in South Korea, returning to the market...

Carlova Maritime orders second VLCC in S. Korea

Carlova Maritime has reportedly ordered a second 300,000 dwt VLCC from South Korea’s Hanwha Ocean shipyard. The first of the two ships is expected to...

Zhonggu Logistics expands fleet with 10-ship order at Wuhan Qingshan

In a significant move that underscores the continued expansion of intra-Asian trade routes, Shanghai-listed Zhonggu Logistics has announced a substantial investment in fleet modernization....

Zhonggu Logistics orders 10 feeder container ships

Zhonggu Logistics has issued an announcement titled “Announcement on the Investment in the Construction of 10 1,800 TEU Container Ships,” stating that Zhonggu Logistics...

BlackRock buys 5% stakes of Samsung Heavy Industries

Global asset manager BlackRock has become a major shareholder in Samsung Heavy Industries by raising its stake above 5%. Although it stated the purchase...

ST Engineering secures ADSB sub-contract for Kuwait’s new missile gun boat fleet

ST Engineering’s Marine business has secured a six-year sub-contract valued at about S$600 million from Abu Dhabi Ship Building (ADSB) to design and supply...

Damen signs contract with the Polidano Group for two Combi Freighters (CF) 3850

Damen Shipyards Group has signed a contract with the Polidano Group for the delivery of two Combi Freighters (CF) 3850. The Malta-based company will...

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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...