HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai Group, has struck a deal to acquire Doosan Vina, the Vietnamese manufacturing unit of Doosan Enerbility ...

John Fredriksen’s SFL Corporation has locked in fresh revenue with Maersk, agreeing to five-year charter extensions for three 9,500 teu container ships, starting in 2026. The renewed deals will ...

Baltimore’s already bruised maritime sector was dealt another scare on Monday evening when a Greek-owned coal carrier suffered a spectacular explosion as it departed the port. The 81,681 dwtW ...

Korea Marine Transport Co (KMTC) has been linked to its biggest move yet in the newbuild market, locking in an order for four 13,000 teu containerships at HD Hyundai yards. Brokers report the ...

Shipbuilding major Hanwha Ocean has teamed up with compatriot Hyundai Engineering & Construction to strengthen South Korea’s offshore wind supply chain by partnering on EPC projects. The ...

Seaspan Corporation has inked a fresh round of newbuilding orders in China, adding twelve 9,000 teu containerships to its fleet pipeline. The vessels will be built at Hudong-Zhonghua Shipbuilding ...

Ship orders for most sectors have slowed dramatically in 2025, with shipping’s largest sector, dry bulk, among the quietest when it comes to signing contracts for new vessels. The latest data ...

Flex LNG has signed a $175m sale and leaseback deal with an unnamed Asian-based lease provider for its LNG carrier Flex Resolute. The 2020-built 173,400 cu m vessel will be sold and then chartered ...

Energy supermajor BP has awarded two major engineering contracts to the SOCAR-KBR joint venture for work on the Shah Deniz Compression (SDC) and Sangachal Terminal Electrification (STEL) projects.

Marine seismic specialist SeaBird Exploration has signed a new contract for OBN source work in the Western Hemisphere. The contract is for the use of the 2009-built survey vessel Fulmar Explorer ...

The big ports deal involving CK Hutchison has hit choppy waters. The Hong Kong-based conglomerate confirmed yesterday that its planned sale of 43 global ports for just shy of $23bn is unlikely to ...

A fire broke out on Wednesday onboard a Maersk ultra-large containership while sailing off the coast of Liberia. The 2013-built 19,076 teu Marie Maersk, operating under the Gemini Cooperation’s ...