News
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MOL debuts radical new LNG carrier design
Japan’s Mitsui OSK Lines (MOL) has received significant approval in principle (AiP) from Lloyd’s Register (LR) for two innovative designs…
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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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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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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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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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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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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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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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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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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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