Hanwha Ocean has reopened the era of 1 trillion won (approximately $689 million) in annual operating profit for the first time in seven years since 2018. Hanwha Ocean announced on Feb. 4 that it recorded sales of 12 trillion 688.4 billion won and operating profit of 1...

Mitsi O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the delivery of the newbuilding LPG dual-fuel very large gas carrier (VLGC) Energia Grandeur, ordered by its group company MOL Energia Pte. Ltd. (President: Miki Ogura,...

CSSC Huangpu Wenchong Shipbuilding signed a contract with Taiwan-based Evergreen Marine Corp on Wednesday to build sixteen 3,000-TEU container vessels valued between $736 million and $896 million. The contract signing represents the third round of in-depth...