Seaspan today announced that ZIM Integrated Shipping Services (ZIM) has exercised its option to enter into long-term charters of five 7,000 TEU dual-fuel liquefied natural gas containership newbuilds. ZIM was...

by John Konrad (gCaptain) Shares of Navios Maritime Partners $NMM fell 7.5% this morning after the company announced a six-ship order for mid-sized containerships. Angeliki Frangou, CEO of the company,...

How big is too big? By Kyunghee Park (Bloomberg) A huge container ship blocking one of the world’s busiest waterways has done little to deter shipping companies from ordering similarly...

We are not sure what the Transocean Conqueror plans on conquering besides a ‘worst ship name ever’ competition but the latest drillship of the Transocean fleet is certainly impressive as...

Greek ship owners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts, according to new data released today by the international shipping association BIMCO.

Luxembourg – October 24th, 2013 – d’Amico International Shipping S.A. (Borsa Italiana: DIS), an international marine transportation company, operating in the product tanker market, announced that its operating subsidiary d’Amico...

The $662 million contract will span a minimum of three years, plus an option for a one-year extension.

LR-classed Alexandros and Aristotelis are the first of five new 5,000 teu super-efficient new ships, all to be delivered from HHI Gunsan by June 2013, that sees Capital expand its operations into the container...

Greece-based Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, revealed plans Wednesday to delay the delivery of four newbuilds with Zhejiang Ouhua Shipbuilding Co. in...

So what else would you call a badass drilling rig but Dragonquest?  That was the first thing that came to my mind. Houston-headquarted Vantage Drilling Company announced today that it...

MONACO – Scorpio Tankers Inc. (NYSE: STNG) announced that it has  signed a contract with South Korea’s Hyundai Mipo Dockyard Co. (HMD) to construct a 52,000 DWT Medium Range (MR) product...

GENEVA (Dow Jones)–The newbuild delivery of panamax vessels is expected to continue well into 2013, keeping a lid on sea-borne freight rates, Tom Cutler, Analyst at SwissMarine said at a...

Mitsubishi Heavy Industries said today it has agreed to build two new-generation liquefied natural gas (LNG) carriers to be jointly owned by Osaka Gas Co., Ltd., and Mitsui O.S.K. Lines. ...

Harvey Gulf International has awarded a contract to Wärtsilä to supply liquified natural gas propulsion equipment for two of Harvey Gulf’s newbuild offshore support vessels for operation in the Gulf of...

Seadrill announced today that it has secured contracts for two of the companies newbuild ultra-deepwater semi-submersibles currently under construction in Singapore. The first contract is a one-year contract for the...

BBC Chartering says it has taken delivery of its new heavy lift vessel, BBC Amber, from Jinagzhou Shipyard in China.  The delivery marks the third newbuild delivered to the company...

Noble Corporation said today that it has exercised its option with Hyundai Heavy Industries for the construction of an additional ultra-deepwater drillship, the companies fourth this year.  The drillship will...

Houston based GulfMark Offshore says it will be building at least three new PSV’s as part of a vessel construction program initiated today.  The program calls for two 1000 square...

MONACO- (Marketwire – Jun 6, 2011) – Scorpio Tankers Inc. (NYSE: STNG) announced that it has signed contracts with Hyundai Mipo Dockyard Co. Ltd. of South Korea to construct five 52,000...

Wartsila has won a contract to design a new LNG powered Platform Supply Vessel (PSV) for the Norwegian operator Rem Offshore.  The vessel will be built at the Kleven Verft...