News
ICTSI H1 profit climbs 22% on stronger port revenues
Revenue reached $1.92b as trade improved across Asia and the Americas.
ICTSI H1 profit climbs 22% on stronger port revenues
Revenue reached $1.92b as trade improved across Asia and the Americas.
NYK Line invests in MidOcean Energy to expand LNG portfolio
Transaction is set to close in 2026.
UK's BMT acquires Australia's One2three Naval Architects
Acquisition strengthens ferry and specialist craft expertise.
Wintermar profit rises 24.4% in H1 on improved vessel utilisation
Owned vessel utilisation reached 62% after more ships entered operation.
Samudera profit drops to $42.6m in H1 on higher operating costs
This comes even as its rebenued climbed 12.2% to $410.0m.
MOL completes Japan’s first coastal deck carrier for offshore wind
Vessel transports monopiles and wind turbine components.
India rolls out ₹24,736 crore shipbuilding assistance scheme
It also established a ₹25,000 crore Maritime Development Fund.
Singapore expands LNG bunkering capacity with 8 new licences
They will be valid for five years.
India clears 41% of 182 planned port infrastructure projects
Completed projects account for $3.34b.
UAE builds way around Hormuz with Eastern coast port expansion
The three ports sit outside the strait.
Huanggang Port redevelopment moves forward with new HK–Shenzhen pacts
Hong Kong secured leasing rights through 2047 as Shenzhen funds the redevelopment.
Sallaum Lines orders 8,600 CEU LNG dual-fuel car carrier
Vessel will support vehicle, truck, and project cargo transport worldwide.
HD Hyundai Samho delivers first VLAC to Maersk
Vessel is first of five VLACs ordered in 2023
HD Hyundai launches first vessel from Philippine shipyard
HD Hyundai’s Subic shipyard will build four vessels.
Korea–US shipbuilding centre opens in Washington amidst industry push
Fifteen MOUs strengthen shipbuilding supply chains, workforce, and R&D ties.
Yantian Port launches one-stop cargo transfer service
Service supports over 100 international shipping routes weekly.
Seatrium wins approval for 30MW floating data centre concept
Features six modular 5MW data centre units.
