Admiral Rabiee: ”Suez Canal ready for mega container ships”
The Suez Canal Authority (SCA) confirmed that the Canal is fully prepared to receive the world’s largest container ships. Admiral Ossama Rabiee, Chairman and ...
Shipping News
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COSCO emerges behind DSIC newcastlemax orders
COSCO Shipping is pressing ahead with a major expansion of its newcastlemax fleet, emerging as the end operator behind a fresh quartet of 210,000 dwt bulk carri...
Hai An signs contract to build two 7,100-TEU container vessels
Hai An has taken a major step in its fleet expansion strategy after signing a contract on 12 November 2025 to build two 7,100-TEU container vessels with China S...
Black Sea threat level red
The Black Sea has entered one of its most volatile phases as Ukraine and Russia escalate long-range strikes on each other’s critical energy and port infrastru...
American private equity eyes Korean yard investment
Taekwang Group has muscled into the bidding war for K Shipbuilding, joining forces with TPG, a US private equity firm formerly known as Texas Pacific Group. The...
2020 Bulkers offloads remaining newcastlemaxes
2020 Bulkers has agreed to sell its last two newcastlemaxes, wrapping up the monetisation of a fleet-building programme that started eight years ago.The Oslo-li...
Odfjell Drilling eyes long-term cover with new semisub deal
Oslo-listed semisub player Odfjell Drilling has lined up more long-term work for its owned rig Deepsea Aberdeen, signing a letter of intent with an undisclosed ...
Shipping broadens the search for seafarers
Shipping’s human capital crunch is fast becoming one of its defining challenges of the decade. The latest chapter from our brand-new Seafarers magazine which ...
Arkas secures IFC-led syndicated loan
IFC is leading a $335 million syndicated loan to support Arkas Holding’s logistics and infrastructure investments. Arkas will receive $260.3 million in the fi...
South Korean deal with the US validates friendshoring strategy
The US$150 billion South Korean investment in American shipbuilding announced Friday represents the largest bilateral industrial partnership in maritime history...
Damen Delivers dredging packages for four TSHDs
Damen Shipyards Group delivered four advanced dredging packages for Trailing Suction Hopper Dredgers (TSHDs) being built in Central America. Two vessels have co...
Fincantieri and KAYO form Naval JV in Albania
During the Italy–Albania intergovernmental summit in Rome, Fincantieri and Albanian firm KAYO signed a Memorandum of Understanding to create a naval joint...