Local news today
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Shipbuilding
Marco Polo Marine and Salt Ship Design to Collaborate in Construction of CSOV Plus
SINGAPORE – Marco Polo Marine Ltd. has announced a groundbreaking development in offshore support vessels with the introduction of the…
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Shipbuilding
Evalend swells suezmax orderbook in South Korea
Evalend Shipping, a Greek shipping company, has announced a significant expansion of its fleet by placing an order for two…
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News
MOL Secures Approval for Innovative Wind-Powered LNG Carrier Designs
Mitsui O.S.K. Lines, Ltd. (MOL) has received approval for two groundbreaking membrane-type LNG carrier designs featuring Wind Challenger propulsion systems.…
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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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