South Korea's Pan Ocean Doubles Down on VLCC Newbuilds, Investing $525 Million in 4 Vessels
South Korean shipowner Pan Ocean is accelerating its deployment in the crude oil transportation mark...
US-based Teekay Tankers Acquires Two Korean-Built Suezmax Tankers for $190 Million
US-listed tanker owner Teekay Tankers has announced that it has agreed to acquire two Suezmax tanker...
Hebei Anfeng Steel and Jiangsu Haitong Marine's 3 Billion Yuan High-End Offshore Engineering Joint Venture Settles in Nantong, Jiangsu
On May 15, the Jiangsu Anfeng Marine High-End Marine Equipment Manufacturing Project, jointly invest...
Norway's BW LNG Orders Two Additional Next-Generation LNG Carriers from South Korea's HD Hyundai Samho
Norway's BW LNG announced on social media that it has ordered two additional next-generation LNG car...
SCI Launches Tanker and Containership Newbuilding Tender, Prioritizing Domestic Yards
State-owned Shipping Corporation of India (SCI) has launched a newbuilding tender for large tankers ...
South Korea Launches Autonomous Ship AI Data Platform Project with Total Investment of 34.6 Billion Won
South Korea has officially launched a data infrastructure project to secure core competitiveness in ...
China's Shanghai Containerized Freight Index rises for three consecutive weeks, returning to the 2,000-point mark; Mediterranean route freight rates surge over 27% week-on-week
The Shanghai Containerized Freight Index (SCFI) in China has risen for three consecutive weeks, clim...
Chinese Private Shipbuilder Delivers First 24,000 TEU Dual-Fuel Container Ship, Completed 50 Days Ahead of Schedule
On May 15, the first 24,000 TEU dual-fuel LNG-powered ultra-large container ship, "CMA CGM NOTRE DAM...
Global Container Ship Orderbook Hits Record High, Chinese Shipyards Command Nearly 80% Market Share
The container ship orderbook has once again shattered historical records, and among the top ten ship...
South Korea's HD Korea Shipbuilding & Offshore Engineering Secures LNG Carrier Orders for Two Consecutive Days, Total Value Exceeds $1 Billion
On May 14, HD Korea Shipbuilding & Offshore Engineering, the shipbuilding holding company of South K...
Taiwan's Largest Shipbuilder CSBC Returns to Profit in Q1
CSBC Corporation, Taiwan, the largest shipbuilder in Taiwan, announced its financial results for the...
Spain's Boluda Towage Deploys Two New Tugboats at Port of Abidjan, Côte d'Ivoire
Spain's Boluda Towage has recently deployed two new high-performance tugboats, named VB Kudu and VB ...
Multiple UAE Shipbuilding Enterprises Jointly Establish the Nation's First National Shipbuilding Consortium
On May 15, 2026, the UAE's AD Ports Group announced a partnership with several local shipbuilding an...
Dredging Progresses Smoothly in Itajaí Port Channel, Brazil; Fluid Mud Diffusion Nears Completion
The Port Authority of Itajaí, Brazil, recently reported the latest progress on the dredging of its n...
Drewry's Intra-Asia Container Index rises to US$939 per 40-foot container
Drewry's Intra-Asia Container Index (IACI) rose to US$939 per 40-foot container this week, reaching ...
Port of Long Beach April Throughput Down 5.7% Year-on-Year
In April 2026, the Port of Long Beach handled 817,992 twenty-foot equivalent units (TEUs), a 5.7% de...
Liebherr LHM 600 Mobile Harbour Crane Deployed at Port of Cartagena, Colombia
The Port of Cartagena in Colombia has recently completed the assembly of a Liebherr LHM 600 mobile h...
Northstar Marine Begins Construction of 600-Ton Heavy-Lift Derrick Barge, Delivery Expected by End of Q3
U.S. maritime services company Northstar Marine is building a 600-ton heavy-lift dual-derrick barge,...
Viking Holdings Appoints New CEO, Q1 Revenue Up 17.5%
Viking Holdings Ltd has announced the appointment of President and Chief Financial Officer Leah Tala...
Finnlines Plc Invests €500 Million to Commence Construction of Three Methanol-Powered RoPax Vessels at Chinese Shipyard
Finnlines Plc has officially commenced the construction of three methanol-fueled "Hansa Superstar" c...
New York City Launches RFEI for All-Electric Container Barge Service, Targeting 2030 Operations
On May 14, 2026, the New York City Economic Development Corporation (NYCEDC) officially released a R...
US Caturus Makes Final Investment Decision on Commonwealth LNG Project with Total Investment of Approximately $13 Billion
US company Caturus announced last Friday that it has made a Final Investment Decision (FID) on the C...
Hong Kong, China Reshapes Its International Shipping Hub Status Through Multi-Pronged Approach: Average Container Ship Port Stay at 1.03 Days in 2025
The Hong Kong Special Administrative Region of China is reshaping its status as an international shi...
Polish Shipping Association Joins International Chamber of Shipping
The International Chamber of Shipping recently announced that the Polish Shipping Association has jo...
ONE Adjusts IRX Service: Southampton Replaces Rotterdam on Ireland Route
Ocean Network Express (ONE) has announced a rotation update to its Irish Sea Express (IRX) service t...
Kenya's Lamu Port Welcomes Largest Container Ship in East and Central Africa, Setting New Record with 369-Meter Vessel
Kenya's Lamu Port recently welcomed the Hapag-Lloyd vessel "Baltimore Express," the largest containe...
Belgium's Jan De Nul Pre-Awarded Buenos Aires Port Dredging Project with Bid 35% Below Budget
Belgium's Jan De Nul Group, through its subsidiary South American Dredging Company, has received the...
Brazil's Port of Imbituba sees 12.7% throughput growth in first four months, sets single-month record in April
The Port of Imbituba in Brazil recorded a 12.7% year-on-year increase in cargo throughput during the...
UK's Peel Ports Partners with Chane to Expand Liquid Bulk Business at Port of Liverpool
UK's Peel Ports Group has partnered with Chane, a major European bulk shipping operator, to address ...
Colombia's Port of Aguadulce Plans Yard Expansion After a Decade of Operations, 2025 Throughput Reaches 700,000 TEUs
After a decade of operations at the Port of Buenaventura, Colombia's Sociedad Puerto Industrial Agua...