POLARIS SHIPPING CO LTD has placed an order for new bulk carriers with Qingdao Beihai Shipbuilding Heavy Industry - CSSC. The contract, confirmed on 04 Aug 2026, includes vessels with a deadweight tonnage of 210,000 DWT.…
Greek dry bulk owner W Marine has placed an order for three 64,500-dwt Ultramax bulk carriers with Jiangsu Dajin Heavy Industry. Each vessel is priced at approximately $33.5 million, with scheduled deliveries set for May…
Hengli Heavy Industry has secured a contract to build three Aframax/LR2 oil tankers, each with a deadweight of 114,000 DWT. The order was placed by Greece-based Arcadia Shipmanagement, a company managed by brothers Panag…
Hull 096, the world's largest battery-electric ship, is now safely positioned on the cargo deck of the heavy-lift vessel Black Marlin. The securing process for its journey to South America is currently underway. This mil…
WALLENIUS SOL has acquired the RoRo vessels BALTICBORG and BOTHNIABORG from Royal Wagenborg, along with a long-term Contract of Affreightment (CoA) with Smurfit Westrock's kraftliner mill in Piteå, Sweden. This acquisiti…
On 30 Jul 2026, Monaco-based shipowner and operator Scorpio Tankers announced its Q2 2026 earnings report, revealing significant fleet expansion plans. The company signed letters of intent for two LR2 product tankers equ…
India and Germany are close to finalising a Rs 90,000 crore (over €8 billion) deal for six advanced Type-214 conventional submarines under the Project-75I programme. German Ambassador to India Philipp Ackermann indicated…
Scorpio Tankers is leveraging the current tanker market upcycle to reshape and expand its fleet. The NYSE-listed company has ordered two scrubber-fitted LR2 product tankers from Jiangsu Hantong, each costing $72.8 millio…
COSCO SHIPPING Development has placed an order worth approximately US$1.17 billion for 15 Newcastlemax bulk carriers, each with a deadweight of 210,000 DWT. The contract, valued at RMB7.92 billion, will be split between …
Guangzhou Shipyard International (GSI), in collaboration with China Shipbuilding Trading (CSTC), has secured an order from China Merchants Nanjing Tanker for four 50,000-dwt MR chemical/product tankers. The vessels will …
South Korea's STX Engine has signed a contract with China's NTS shipyard to supply marine engines for Maersk's 19,000-TEU mega container ships. The agreement covers up to 14 vessels, including 8 confirmed ships and 6 opt…
Damen Shipyards Group has launched the second commissioning service operation vessel (CSOV) 9020 for Ta San Shang Marine Co., Ltd. (TSSM), a joint venture between Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) and Taiwan’s Ta T…