Shipping Herald

HD Hyundai Chairman Chung Ki-sun is moving to diversify the group’s production footprint as Chinese shipbuilders tighten their grip on global orders. The strategy is to concentrate high-value vessels at …

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member States to refrain from actions that endanger merchant ships and put seafarers’ lives at risk. Addressing …

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued a secondary listing of its …

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released its annual Environmental Technologies and Practices (ETP) report.

According to broker reports, Laskaridis Shipping is believed to have placed an order for two 306,000 dwt VLCCs at Hengli Dalian. Reports suggest deliveries have been scheduled for November and …

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan Marine United Corporation, Nihon Shipyard Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and Kokuka Sangyo …

Iran’s Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese flag in the Strait of Hormuz, state news agency IRNA reported. Tehran has imposed an effective …

EXMAR announced that it has entered into agreements with Côte d’Ivoire Energies (CI-Energies) and Société Nationale d’Opérations Pétrolières de la Côte d’Ivoire (Petroci) for a 10 years’ lease of a …

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a …

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June 30, 2026. The Company reported net …

HD Hyundai Samho Co., Ltd. and ClassNK have signed a Memorandum of Understanding (MOU) for joint development of an LNG carrier design incorporating the forthcoming amendments to the International Code …

2020 Bulkers Ltd. announced a letter of intent with the shareholders of AHTS AS regarding the acquisition of all outstanding shares in AHTS AS. AHTS AS commenced operations in 2026 …

According to market reports, the South Korean mid-sized bulk carrier owner Wooyang Shipping has placed an order with New Times Shipbuilding for four 210,000 DWT tri-fuel Newcastlemax bulk carriers. These …

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global market closely monitors the cautious resumption …

Halliburton announced it secured a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development in Block 6 of the Cyprus Exclusive Economic Zone. The award strengthens …

DNV has awarded HD Hyundai Heavy Industries (HD HHI) an Approval in Principle (AiP) certificate for their new 271,000 CBM LNG carrier (LNGC) design. The AiP was presented to Mr. …

Vessel transits through the Strait of Hormuz ​remained in the single digits at four on ‌Tuesday, down from seven a day earlier, preliminary shipping data showed on Wednesday, falling well …

Saudi Arabia has cut oil shipments to Europe after drone attacks damaged its key export pipeline to the Red Sea, trade sources told Reuters, prompting top customers such as Poland …

Rising LNG bunker prices pushed LNG-fueled clean tanker freight rates above conventional rates Sept. 7-11, highlighting the bunker-price sensitivity that alternative-fueled ships face. Platts LNG-fueled Clean tanker freight represents the …

The Greek ferry sector is being squeezed by soaring fuel costs, with the price of its main marine fuel, Marine Gas Oil (MGO), rising by 97.6% in less than seven …

The close shipping ties between Greece and Japan were highlighted at a meeting at the Thessaloniki International Fair (TIF) between Japanese Ambassador Koichi Ito, Taro Kono, chairman of the Japan-Greece …

Lloyd’s Register (LR) has joined forces with HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) to develop a new generation of LNG carrier designs using …

Asyad Shipping Company S.A.O.G. has awarded Hyundai Heavy Industries Co., Ltd. (HHI) shipbuilding contracts for the construction of two new Medium Range (MR) product tankers, with a total contract value …

ESL Shipping has signed a significant agreement with Stegra for the transport of raw materials and finished steel products. Stegra is currently building its first large-scale plant for the production …

METLEN and Malaysian multinational oil and gas company PETRONAS have signed a Sale and Purchase Agreement (SPA) for the long-term supply of liquefied natural gas (LNG) to Greece. Under the …

The shipbuilding and maintenance arm of state-owned marine transport giant China Cosco Shipping has completed initial public offering (IPO) guidance registration, paving the way for a domestic listing to capitalise …

Shipping group Maersk said on Monday that four more ​of its joint container services with Germany’s Hapag-Lloyd will resume ‌sailings through the Suez Canal, as they gradually return to using …

According to market sources, Aegean Shipping Management has sold a tanker vessel built in 2022 for an estimated USD 83 million. Specifically, the company is said to have sold aframax …

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à r.l., a company indirectly owned by …

Hapag-Lloyd and DP World have agreed to expand and further strengthen their long-standing cooperation in Africa. The partnership will focus on securing long-term terminal capacity in Dakar (Senegal), Luanda (Angola) …

Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) signed a joint venture agreement to operate and expand the International Ship Repair Facility (ISRF) Cochin. The agreement was …

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening the terminal’s capacity and supporting safer, …

Port of Los Angeles waterfront workers processed 955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More than 2.9 million TEUs moved across …

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN’s fleet generated record gross revenues of $551.4 million, …

The lightning Houthi advance down Yemen’s Red Sea coast this week came with direct guidance from Iran’s ​Revolutionary Guards seeking to open a new front in Iran’s war with the …

The Supervisory Board of Hapag-Lloyd AG has decided that Anders Boenaes, currently Senior Managing Director Network at Hapag-Lloyd, will become the new Chief Operating Officer (COO) of the company as …

Kawasaki Kisen Kaisha, Ltd. announced that the naming ceremony for a newbuilding LNG carrier was held at a Samsung Heavy Industries Co., Ltd. facility in South Korea on September 9, …

DP World has handled the largest single maritime delivery of new energy vehicles to Chile, with 1,918 fully electric and plug-in hybrid vehicles discharged at its multipurpose terminal in San …

Odfjell Drilling Ltd. announced a Letter of Award with Vår Energi ASA for use of the Deepsea Bergen. The scope of work awarded covers a period of three years, starting …

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the Group’s long-term nation-building efforts and contribute towards a resilient, inclusive and sustainable maritime future for Malaysia. …

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared ‌with the previous day’s 12, preliminary shiptracking data showed on Thursday, with levels also lower than …

A container ship arrived in Britain on Wednesday after a landmark voyage from China via the Arctic, as part of plans for more vessels to use the route as a …

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million in reparations. The claim centers on …

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime Corporation, is focusing on the practical value of technology for the shipping industry. As he noted …

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock to selected investors who participated in …

Ernst Russ AG announced that it has adjusted its guidance for the full year 2026. Highlights: 2026 guidance adjusted, two further tanker newbuildings acquired EBIT guidance for 2026 raised to …

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC) against the French shipping and logistics company CMA CGM, seeking at least $186 million in damages …

Iran’s Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used by the U.S. military and attacked 10 ships on Wednesday, after the U.S. said it had …

Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values, Aug. 31-Sept. 4, across benchmark routes. Platts Base Rates for …

Dynagas LNG Partners LP, an owner of liquefied natural gas (“LNG”) carriers, announced its results for the three and six months ended June 30, 2026. Half year Highlights: Net Income …