Ontario has formalized a strategic memorandum of understanding with Hanwha Ocean and signed a letter of intent with Mohawk College to establish a structured, embedded training partnership aimed at rebuilding large-scale …
Guangzhou Shipyard International and CSSC Trading have launched the fourth vessel in a series of 50,000-dwt methanol dual-fuel chemical and product tankers for J.P. Morgan Asset Management. This vessel is part of a six-s…
Mazagon Dock Shipbuilders Limited has acquired a 51% stake in Sri Lanka’s Colombo Dockyard, marking India’s first overseas shipyard acquisition valued at $26.8 million. The deal, completed in April 2026, makes Colombo Do…
China State Shipbuilding Corporation’s Chengxi Shipyard has delivered the 84,500-dwt bulk carrier CSPC AQUARIUS, built by CSSC Chengxi Yangzhou Shipyard for CITIC Financial Leasing. This marks the shipyard’s 13th newbuil…
Vale has signed a 25-year contract of affreightment (COA) with Shandong Shipping for two Guaibamax-class Very Large Ore Carriers (VLOCs) capable of using ethanol, methanol, and marine fuel oil. Announced on 9 Apr 2026, t…
Ha Long Shipbuilding Company (SBIC), a member of VISIA, successfully launched an advanced offshore wind service vessel (CSOV) on 8 Apr 2026. This vessel is the sixth in a 14-ship order for international clients, showcasi…
Danish owner Celsius Shipping has taken delivery of Celsius Georgetown, a 180,000-cbm LNG carrier built by China Merchants Industry Haimen Base. The vessel was named on 8 April 2026 in Nantong and is recognized as China’…
Norwegian operator Boreal has placed an order for 20 Candela P-12 electric hydrofoil ferries, marking the deployment of the world’s largest fleet of electric hydrofoil vessels. These ferries will provide fast, zero-emiss…
On 8 Apr 2026, Royal IHC and Nam Trieu Shipyard signed a contract for the construction of an Easydredge® 2700XL trailing suction hopper dredger (TSHD). This agreement continues the collaboration between Royal IHC and Nam…
Taiwan-based Evergreen Marine announced on 8 Apr 2026 that its subsidiary, Evergreen Marine (Asia), plans to order six 24,000 TEU LNG dual-fuel container ships from South Korea's Hanwha Ocean. The cost per vessel is esti…
Navios Maritime Partners L.P. CEO Angeliki Frangou announced a $300 million investment in Japanese shipbuilding, including six new vessels ordered from Japanese yards. The investment strengthens Navios' partnerships with…
Meyer Werft has introduced Project "Vision," the world's first 100% battery-electric cruise ship concept exceeding 80,000 gross tonnage, at Seatrade Cruise Global in Miami. The project aims to reduce greenhouse gas emiss…