Latest News
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Bulk Carrier
Report: Korean Steel Giant POSCO is Exploring Acquiring Control of HMM
Speculation surrounding the future ownership of South Korean shipping company HMM is intensifying, following the collapse of a previous sale…
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Bulk Carrier
Imperial Petroleum Surpasses Earnings Expectations in Q2
Imperial Petroleum Inc. (NASDAQ:IMPP) reported impressive financial results for the second quarter of 2025, exceeding earnings expectations with an earnings…
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Shipbuilding
Construction Begins on World’s First Ammonia-Powered Containership
Yara Clean Ammonia celebrates a milestone in maritime decarbonization with the steel cutting ceremony for Yara Eyde, the world’s first…
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Decarbonization
Kongsberg Maritime Launches India’s First Electric Tug
Kongsberg Maritime has secured a groundbreaking contract to provide a fully integrated equipment package for India’s inaugural electric tug, a…
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Shipbuilding
Subic Bay Shipyard Re-Opens after U.S., South Korean Investments
The Philippines has officially reopened the HD Hyundai Heavy Industries shipyard in Subic Bay, thanks to significant investments from South…
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Shipbuilding
OVP Shipping pens debut boxship order
Hong Kong-based OVP Shipping has made a significant move to enhance its capacity by ordering four new 4,350 TEU containerships…
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Shipbuilding
Ernst Russ and Eimskip team up for boxship newbuilds in China
German shipping company Ernst Russ has partnered with Icelandic carrier Eimskip to enhance their joint venture, ElbFeeder, by acquiring new…
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Shipbuilding
Ørsted sues US over offshore wind project stop-work order
Danish energy firm Ørsted and its partner Skyborn Renewables have initiated legal action in the DC District Court to overturn…
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Shipbuilding
Hafnia’s Bold Move: Acquiring Torm Stake
This week, the maritime industry was abuzz with news from Singapore, where Hafnia, under BW Group’s control, announced its acquisition…
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Shipbuilding
City Breaks Ground on New Cruise Ship Dock
Milwaukee is taking significant steps to enhance its cruise tourism appeal with the groundbreaking of a new dock aimed at…
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