Shipping Herald

Panama’s Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting …

Subsea7 announced the award to Seaway7, part of the Subsea7 Group, of a substantial1 contract by OWP Gennaker, part of Skyborn Renewables, for the Gennaker offshore wind farm in Germany. …

Subsea7 today announced the award of a sizeable1 contract by Shell for the Kaikias Waterflood project. The Kaikias field is a deepwater development in the Mars-Ursa Basin, approximately 210 kilometres …

HD Hyundai Group Chairman Chung Kisun has met with Indian Prime Minister Narendra Modi to discuss expanding bilateral cooperation, as the South Korean shipbuilder iseeks to build a shipyard in …

Greece remains on the list of the world’s “elite” flag states, in terms of quality characteristics, for another year, confirming its stable position in the international shipping environment. According to …

Celebrity River Cruises announced a commitment for 10 new ships that will expand its European river cruise fleet to 20 vessels by 2031. The announcement marks the start of construction, …

Royal Caribbean Group reported 2025 Earnings per Share of $15.61 and Adjusted EPS of $15.64. These results were better than the company’s guidance primarily due to more favorable revenue and …

International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced that since the start of the year, it has …

By Nordea published the fourth-quarter and full-year financial report.

Heidmar Maritime Holdings Corp. announced that the Memorandum of Agreement announced on July 7, 2025 in respect of the acquisition of C/V A. Obelix, has been mutually terminated in accordance …

Celestyal has reported strong early success from its current Wave campaign, the ‘Unmissable Sale’, driving revenue growth and increased demand across key global markets. The offer includes savings of up …

Celestyal has completed the rollout of in-cabin guest experience tablets across all 630 cabins on Celestyal Journey, becoming the first cruise line to introduce SuitePad tablets across its stateroom accommodation. …

Shell SHEL.L and BP BP.L are seeking U.S. licenses to extract natural gas from fields in Trinidad and Tobago and Venezuela, the Caribbean country’s energy minister Roodal Moonilal said on …

Evergreen Marine has proceeded shipbuilding orders for 23 vessels with two Chinese shipyards worth up to approximately $1.5 billion. The contracts were approved by Evergreen directors this week. The larger …

The CMA CGM Group, a global player in sea, land, air and logistics solutions, and Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced an agreement …

Cadeler announced that it has signed a preferred supplier agreement (PSA) with an undisclosed client for the transportation and installation (T&I) of monopiles and transition pieces at a large offshore …

Mediterranean Shipping Co is returning to the mid-sized containership segment after years of focusing almost exclusively on mega-tonnage, with a fresh newbuilding deal in China. Market sources indicate the Geneva-based …

Stolt-Nielsen Limited reported unaudited results for the fourth quarter and full year ended November 30, 2025. The Company reported a fourth-quarter net profit of $59.6 million with revenue of $680.6 …

Qatar Navigation Q.P.S.C. (“Milaha”) announced its financial results for the year ended December 31, 2025. Key financial highlights: – Operating revenues of QAR 3.33 billion for the year ended December …

Japan’s Mitsui O.S.K. Lines, Ltd, the world’s second largest fleet owner by fleet size, on Tuesday signed a 15-year charter contract with state-owned Oil and Natural Gas Corporation Ltd (ONGC) …

Hanwha Ocean, a global shipbuilding and submarine manufacturer, has signed a binding memorandum of understanding with Algoma Steel Inc., a leading Canadian producer of hot and cold rolled steel sheet …

China and Denmark have renewed an agreement on cooperating in green maritime technology and shipbuilding, China’s industry ministry said on Tuesday, reaffirming a long-term partnership in the sector. The renewal …

2026 is expected to be another year of strong fluctuations for the tanker market. History shows that it is difficult to predict the course of the tanker market, as markets …

The strategic planning for Greek ports and marinas is entering a crucial phase, with the Growthfund preparing to announce the contractor for the holistic study for the entire port portfolio …

The containership market has entered 2026 on a subdued note, with activity easing ahead of the Chinese Lunar New Year on 17 February, following a December demand spike driven by …

Meriaura, a shipping company specialising in the sea transportation including complex and demanding special cargo, has signed a shipbuilding contract with Jiangsu Zhenjiang Shipyard, for the construction of a new …

Leading tanker shipping company Stena Bulk has today announced it has acquired an additional shareholding in Golden Stena Baycrest Tankers (GSB) from Bay Crest, becoming the majority shareholder in the …

China’s Guangzhou Shipyard International last week floated out the largest car carrier in the world. The massive vessel surpasses the 10,000 unit mark, becoming the largest built in China after …

Pyxis Tankers Inc., an international shipping company, announced key loan, shareholder and chartering updates. On December 17, 2025, we closed the refinancings of the existing secured loans with Alpha Bank …

Reference is made to the stock exchange announcement by Golden Energy Offshore Services ASA on 12 December 2025 where the Company informed of its commitment to a near-term sale of …

Frontline plc announces that it has entered into one-year time charter-out agreements for seven of its VLCCs. The charters will commence during the period from late-January to April 2026 at …

Noble Corporation plc announced new contract awards for 9 rigs comprising approximately $1.3 billion of backlog, including a three-year contract for the harsh environment semisubmersible Noble GreatWhite, which will expand …

d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C., has signed a shipbuilding contract with Jiangsu …

European Union countries on Monday gave their final approval to ban Russian gas imports by late 2027, making their vow to cut ties with their former top supplier legally binding, …

Stolt-Nielsen Limited, through its subsidiary Stolt-Nielsen Gas Ltd., confirms it is in discussions with a strategic buyer, regarding the potential sale of up to 50% of its interest in Avenir …

CSSC Hudong-Zhonghua Shipbuilding has signed the order to construct four firm and two options for LNG carriers with European owner TMS Cardiff Gas, each with a capacity of 174,000 cu …

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, announced the expansion of its fleet by entering into two Memoranda of Agreement for the acquisition of …

C3IS INC. announced that its board of directors has determined to effect a one-for-twenty (1-for-20) reverse stock split of the Company’s common stock, par value $0.01 per share. The reverse …

Celestyal has been awarded the Gold Feefo Trusted Service Award, recognising the cruise line’s consistently high levels of customer service, based entirely on verified guest feedback. The Gold award is …

McDermott has been awarded a major* contract by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115 Expansion Project, located approximately 130 kilometers (81 miles) northwest of …

The purchase was made via a secondary market deal on 22 January. Halom Investments Pte. Ltd., controlled by Michael Kum, a veteran in the marine industry, has acquired 150 million …

The CMA CGM Group, a global player in sea, land, air and logistics solutions, announces the arrival in its fleet of its 400th owned vessel, the CMA CGM MONTE CRISTO, …

Costamare is reportedly being linked to an order for 12 newbuilding container ships at a Chinese shipyard. The ships will have a capacity of 9,200 teu and, according to market …

Safe Bulkers an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of two newbuild, 82,500 dwt, dry-bulk, Chinese, Kamsarmax …

Capital Clean Energy Carriers has sold a modern containership as part of its fleet restructuring strategy. The buyer is BF Shipmanagement, which acquired the Buenaventura Express for approximately $120.1 million. …

Atlas Maritime, owned by Leo Patitsas, announced the completion of the keel laying ceremony for a ship being built at Daehan Shipbuilding (DHSC) in South Korea. In a related post, …

Oil and gas services and equipment (OGSE) firm Carimin Petroleum Bhd has acquired a 19.5% stake in Sealink International Bhd for RM39.98 million, making it the largest shareholder in the …

Alpha Gas has confirmed an order for two LNG carriers announced on Wednesday by South Korean shipbuilder Hanwha Ocean. Hanwha Ocean said the contract is worth KRW 738.3bn ($501m). The …

Seatrium Limited announced that its wholly-owned subsidiary, Seatrium New Energy Limited and its consortium partner – in respect of the design, engineering, procurement, construction, installation and commissioning of a 900MW …

The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so far excess supplies have offset the …