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Shipbuilder Hyundai Heavy Industries won a court decision on August 3 in a suit brought against it by the owners and operators of the containership Da...
The district court in Maryland, hearing the civil portion of the claims related to the containership Dali destroying Baltimore’s Francis Scott Key Bri...
Spain's Balenciaga Shipyard has restarted operations with the keel laying of its first vessel under new owner SAFEEN Drydocks, marking the revival of the historic Basque shipbuilde...
A federal judge in Philadelphia dismissed the Dali shipowners’ lawsuit against Hyundai Heavy Industries over the defective freighter involved in the Key Bridge collapse. The post K...
The insolvency process for bankrupt megayacht builder The Italian Sea Group is moving forward, and the company's revamped board is taking bids for acq...
Diana Shipping is continuing its battle to acquire Genco despite having been rebuffed by Genco’s board and losing in its attempt to put new directors...
The $2.8bn claim has exhausted the IG's reinsurance limit, and pricing the higher layers for 2027 is an open question
The US$2.8bn claim has exhausted the IG's reinsurance limit, and pricing the higher layers for 2027 is an open question
Six months after it was announced that SAFEEN Drydocks, part of the AP Ports Group, was acquiring the Spanish shipyard, Balenciaga restarted work with...
Singapore-based container operator SeaLead Shipping — on the verge of liquidation — is understood to have already disposed of most of its assets, both ocean and inland. According t...
Diana Shipping withdrew its tender offer to acquire the shares of Genco Shipping & Trading while saying it was “not going away” and would continue to...
The DynaLiners Shares Index increased by 138 points from the previous week, reaching 2,671. The latest result represented a weekly gain of 5.5%. Once again, carrier stocks drove mo...
The Italian Sea Group is considering selling the Tuscan shipmaker Perini Navi, which made the Bayesian superyacht, along with other parts of its business.
Luxury yacht builder The Italian Sea Group has posted a net loss for 2025, and despite a plan to issue shares to bring in more capital, its board of d...
Singapore-based SeaLead Shipping has ceased trading after US sanctions impeded operations. The liner operator filed for voluntary liquidation in late July, and on Monday, Cosimo Bo...
Deltamarin and Toepfer Transport have unveiled a new state-of-the-art Semi-Liner Multipurpose (MPP) vessel design at SMM in Hamburg. Developed as a fl...
An Abingdon-based cargo ship insurance broker is set to go into liquidation following a court petition, potentially leaving the UK shipping industry in limbo.
Several container ship owners have placed or are preparing newbuilding orders as fleet renewal activity continues across the sector, according to DynaLiners. Zodiac Maritime has co...
Diana Shipping and Star Bulk Carriers have mutually terminated an agreement covering the planned sale of 16 Genco Shipping & Trading vessels. The agreement would have seen Star...
Greek shipowners are spending heavily on renewing their fleet, with the goal of boosting their long-term profits. Orders of new ships and acquisitions of older vessels will top $14...
ADNOC Logistics and Services has announced the acquisition of five Very Large Gas Carriers and six Very Large Crude Carriers for a combined investment of approximately US$ 1.3 bill...
Several developments in the containership market have emerged, ranging from newbuilding upgrades and fresh vessel orders to a casualty involving an MSC ship, according to DynaLiner...
Dubai-based Shipfinex has partnered with ADI Chain to tokenize about 35 vessels valued at roughly $500 million, with the planned structure designed to give shipowners access to blo...
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