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Washington ExaminerCongress established May 22 as Maritime Day to commemorate the first steam-powered Atlantic crossing by the SS Savannah in 1819. The day highlights ongoing investments in port infrastructure and the economic role of U.S. ports.
BenzingaStar Bulk Carriers reported first-quarter 2026 financial results on Thursday. The company posted net income of $58.5 million and adjusted net income of $63 million. Management also announced a $0.50 per share dividend and share repurchases of $37.9 million.
gamereactor.euHundreds of cadets will depart aboard the Empire State VII from the Bronx this summer, logging sea time toward U.S. Coast Guard licenses amid a national shortage that has left more than 5,000 positions open at the Military Sealift Command. Industry officials warn that Navy vessel…
koreaherald.comHD Korea Shipbuilding & Offshore Engineering Co. won contracts on May 8, 2026 to build six container ships and two very large gas carriers. The deals bring the company's 2026 orders to $10.81 billion for 94 vessels. HD KSOE, a unit of HD Hyundai Co., also reported strong first-qu…
koreaherald.comHD Korea Shipbuilding & Offshore Engineering announced a 505 billion-won deal to build three very large gas carriers. The vessels are scheduled for delivery by the end of 2029 to an unidentified customer. This order contributes to the company's achievement of 40 percent of its an…
koreatimes.co.krSouth Korea's HD Hyundai Co. has partnered with Indian government-backed companies to establish a joint shipbuilding venture in India. The agreement, signed during a bilateral summit, positions HD Hyundai as the largest shareholder in a digital-focused shipyard. Plans include tra…
wdwnt.comMeyer Werft unveiled Project Vision, a 90,000-ton battery-electric cruise ship capable of carrying 1,900 passengers, at the Seatrade Cruise Global conference in Miami. The design aims to reduce greenhouse gas emissions by up to 95% using batteries from a Norwegian specialist. The…