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Dynacom linked to Hengli VLCC order

Dynacom Tankers is linked to an order for four VLCC newbuildings (306,000 dwt) at Hengli Heavy Industries. According to reports, the vessels are part of...

Solid activity in newbuilding market across all sectors – report

According to the latest Market Report compiled by Intermodal, the newbuilding market displayed solid activity this week, with 10 orders across dry bulk, tankers,...

DM Shipping orders 3 chemical tankers in China

According to broker reports, DM Shipping has ordered three chemical tankers (33,000 dwt) at Jiangxi New Jiangzhou Shipbuilding Heavy Industry, worth over USD 168...

ABS approves HD Hyundai VesselWise Tech – Container News

ABS has granted Approval in Principle (AIP) for VesselWise, HD Hyundai Group’s next-generation autonomous technology designed to optimize propulsion, improve fuel efficiency, and enhance...

Daehan Shipbuilding dominates global Suezmax crude oil carrier market in September, secures 8 vessels in just 10 days

Daehan Shipbuilding announced that it has signed yet another contract for a Suezmax-class crude oil carrier with a shipping company in Oceania on September...

Capital Maritime linked to order for feeder newbuildings

According to reports, Capital Maritime is believed to have placed an order at HD Hyundai Mipo Dockyard for two 2,800 TEU feeder units. Deliveries...

Bahri orders 6 bulkers at IMI

Saudi National Shipping Company (Bahri), the Kingdom’s shipping and logistics provider, announced the first order of six dry bulk carriers from International Maritime Industries...

Jinhui signs contracts for three vessels

The Board of Jinhui Shipping and Transportation Limited announced that three wholly-owned subsidiaries of the Company entered into three shipbuilding contracts on 30 September...

SDHI and Samsung Heavy Industries sign strategic MoU to advance shipbuilding & maritime projects

Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a strategic Memorandum of Understanding with Samsung Heavy...

Danaos Corporation adds $304 million to contracted revenue backlog and orders two additional containership vessels newbuildings

Danaos Corporation, one of the world's largest independent owners of containerships, announced hat since the date of its last earnings release, it has (i)...

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C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%

The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said...

Trafigura secures USD3.4 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura Group Pte Ltd, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility and Term...

Hudson Structured Capital Management announces $719 million closing of Hudson Northern Shipping Fund V LP

Hudson Structured Capital Management Ltd., an investment manager focused on alternative assets across the Transportation and Re/Insurance sectors, announced the final closing of Hudson...

Diversification leads Top Ships to profit increase

Top Ships has earned its first revenues from entering the mega-yacht market. The company, listed on the New York Stock Exchange, announced net profits of...

Global shipping industry reaffirms support for the IMO Net Zero Framework

Leading international maritime associations and organisations reiterate our strong support for adoption by the...

Polys Hajioannou elected new president of Cyprus Shipowners’ Association

The Cyprus Shipowners’ Association (CSA) held its general assembly in Limassol earlier this week,...

BIMCO: Rate increases unlikely but USTR fees could impact 35% of key sectors’ ships

According to BIMCO Chief Shipping Analyst, Niels Rasmussen, when fees from the Office of...

Baltic climbs to one-week high on capesize, panamax strength

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Baltic edges up on stronger capesize and panamax vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

SC Ports appoints Mallace as President and CEO

The South Carolina Port Authority’s Board of Directors announced Micah Mallace as the agency’s next President and CEO. The vote was unanimous. Mallace assumes leadership...

Rotterdam port container traffic disrupted as lashers strike for higher wages

Lashers in Europe's largest sea port Rotterdam went on a 48-hour strike on Wednesday afternoon to demand higher wages, while Flemish harbour pilots protesting...

Port of Long Beach awarded $20 million for Pier Wind

The Port of Long Beach on Wednesday was awarded $20 million by the California Energy Commission to fund the ongoing development of Pier Wind,...

PPA S.A.: Implementation of a New Scholarship Program for the academic year 2025-2026

The Piraeus Port Authority S.A. (PPA) announced the implementation of a new Scholarship Program for the academic year 2025-2026. This is an initiative that...

Ports are key factors in the green and digital transition

In a period of geopolitical turmoil and European changes, the new president of the Hellenic Ports Association (ELIME), Apostolos Kamarinakis, is drawing up a...