News

Dajin Heavy Industry to build two L-Class heavy lift ships for Jumbo

Each vessel will have 25,000 DWT capacity and methanol-ready design.

Dajin Heavy Industry to build two L-Class heavy lift ships for Jumbo

Each vessel will have 25,000 DWT capacity and methanol-ready design.

NYK Line profit slashed to $1.33b in 2025 on tariff shocks, MidEast tensions

NYK Line forecast its recurring profit to decline further in FY2026.

New Indian index evaluates national port efficiency with specific performance metrics

It assigns equal weightage to absolute performance and year-on-year improvement.

Australia secures first vessel for strategic fleet to bolster maritime resilience

The vessel joins government maritime reserve system expanding crisis shipping access.

Singapore, Princess Cruises to double sailings by 2030 in 3-year deal

Diamond, Sapphire, and Grand Princess ships will operate up to 28-day voyages.

X-Press Feeders tests ethanol bunkering in Rotterdam port

This signals fuel transition in live shipping operations.

CMA CGM Notre Dame begins voyage as LNG-powered giant

It is the first in a 10-vessel rollout from 2026 to 2028.

AIIB funds ICTSI terminal upgrades with $300m loan

It covers a multi-site infrastructure and equipment upgrade programme.

ASL Marine profit jumps 176% on higher gross earnings, lower finance costs

Revenue rose slightly as ship repair and chartering helped offset weaker shipbuilding contributions.

U-Ming enters LNG shipping market with DIAMOND GAS JADE 174,000 m³ carrier

Vessel features dual-fuel propulsion and energy-saving environmental technology.

Priya Blue anchors ship recycling expansion in Bahrain

The Indian recycler relocated capacity towards the Gulf viaits Bahrain partnership.

China shipyard to build ‘world-first’ ethanol-powered bulk carriers

It will be built at the Beihai shipyard for Shandong Shipping Corp.

Seatrium injects $1.7m more into NUS offshore professorship

The top-up brings total contributions, including matching funds, to over $5m.