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Published on May 28, 2025

Nakilat Celebrates Steel Cutting of 17 New LNG Carriers at Korea’s “Hyundai Heavy Industries” Shipyard

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its financial results for the first quarter of 2025, ended March 31. The Company achieved a net profit of QAR 433 million, marking a 3.2% increase from QAR 420 million recorded in the same period of …

Source: Hellenic Shipping News - Neutral
Published on May 27, 2025

Nakilat Constructing 17 LNG Carriers at Hyundai Heavy Industries Shipyard

Qatar Gas Transport Company Nakilat has marked the commencement of construction of 17 LNG carriers with the steel cutting ceremony at Hyundai Heavy Industries (HHI) Shipyard in South Korea. These vessels are part of the Qatar Gas Transport Company’s …

Source: SeaNews - Pending
Published on May 30, 2025

Allies are more than customers of America’s defense industrial base. They can help rebuild it.

Cell guides on the Ane Maersk, A.P. Moller-Maersk A/S’s newest methanol-powered container ship, foreground, at the HD Hyundai Heavy Industries Co. shipyard in Ulsan, South Korea, on Thursday, Jan. 25, 2024. (Photographer: SeongJoon Cho/Bloomberg …

Source: Breaking Defense - Neutral
Published on May 30, 2025

HD Hyundai Group joins S.Korea’s 100 trillion won market cap club

South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exceeding 100 trillion won ($73 billion), becoming the fifth such business group to do so after Samsung, SK, Hyundai …

Source: Hellenic Shipping News - Neutral
Published on May 30, 2025

WATCH: FPU heads off to Black Sea ahead of doubling Türkiye’s gas production in 2026

As part of its efforts to wean itself off energy imports and bolster its domestic production capacity, Türkiye has sent its first-ever floating production unit (FPU) on a journey to the Black Sea, where it is expected to enable a twofold increase in gas …

Source: Offshore Energy - Neutral
Published on May 30, 2025

HD Hyundai Samho wins 386 bln-won container ship order in Oceania

SEOUL, May 30 (Yonhap) -- HD Hyundai Samho Heavy Industries Co., a South Korean shipbuilder, said Friday it has secured a 386.8 billion-won (US$280 million) order to build two container carriers for a client in the Oceania region. The vessels will be …

Source: Yonhap News Agency - Center-right
Published on May 30, 2025

HD Hyundai Samho wins $280 mil. container ship order in Oceania

HD Hyundai Samho Heavy Industries, a Korean shipbuilder, said Friday it has secured a 386.8 billion-won ($280 million) order to build two container carriers for a client in the Oceania region. The vessels will be delivered in phases to an undisclosed …

Source: The Korea Times - Center-left
Published on May 29, 2025

ROK Navy picks Rolls-Royce’s engines to power Ulsan-class frigates

Rolls-Royce has revealed that its MT30 marine gas turbine and controllable pitch propellers, as well as mtu powered diesel generator sets, have been selected for the Republic of Korea Navy’s (ROK Navy) FFX Batch IV frigates, known as the Ulsan-class …

Source: Naval Today - Neutral
Published on May 29, 2025

Asia report: Markets rise on US tariff ruling, Korea rate cut

The decision eased trade concerns and added to positive sentiment already buoyed by a rate cut from the Bank of Korea and strong earnings from Nvidia, which reported a 73% year-on-year increase in its data centre revenue. “Stocks rose in the late hours, …

Source: ShareCast - Neutral
Published on May 29, 2025

ONE commits to green ship recycling as newest member of STRI

Singapore-based liner shipping player Ocean Network Express (ONE) has established a ship recycling policy and joined the Ship Recycling Transparency Initiative (SRTI) to showcase its “commitment to responsible practices and environmental stewardship”. …

Source: Offshore Energy - Neutral
Published on May 29, 2025

Korean Defense Companies Unveil New Unmanned Technologies at MADEX 2025

At the International Maritime Defense Industry Exhibition (MADEX 2025), which opened on May 28 at BEXCO in Busan, unmanned surface vehicles (USVs) and next-generation combat ships, hailed as game changers that will alter the landscape of future …

Source: Business Korea - Neutral
Published on May 29, 2025

Hanwha Ocean Partners with Polish Shipyards for Naval Projects

Hanwha Ocean has agreed to cooperate with two Polish shipyards in naval vessel construction and maintenance to gain a favorable position in the 8 trillion won Polish submarine procurement project. The company announced on May 29 that it signed a …

Source: Business Korea - Neutral
Published on May 28, 2025

SCI’s $1bn newbuilding push underway with first approach to shipyards

Shipping Corp of India (SCI) has been approaching South Korean and Chinese shipyards over a near-$1bn order for two firm VLCCs and up to four 16,000-teu container ships. The move comes with the Indian government plotting a huge tanker-building programme to …

Source: Tradewinds - Neutral
Published on May 28, 2025

Rolls-Royce to power South Korea Navy’s FFX Batch IV frigate

The Republic of Korea Navy (RoKN) has once again selected the Rolls-Royce MT30 marine gas turbine and controllable pitch propellers for its FFX Batch IV frigate programme, known as the next-generation Ulsan-class frigate. Additionally, MTU-powered diesel …

Source: Naval Technology - Neutral
Published on May 28, 2025

HJSC Showcases Maritime Defense Technologies at MADEX 2025

HJ Shipbuilding & Construction (HJSC) announced that it will participate in the 2025 International Maritime Defense Exhibition (MADEX 2025), which runs from May 28 to 31 at BEXCO in Busan. The company aims to showcase its advanced maritime defense …

Source: Korea IT Times - Neutral
Published on May 28, 2025

POSCO, HD Hyundai Collaborate on Naval Vessel Materials

POSCO has agreed to collaborate with HD Hyundai Heavy Industries to develop materials for next-generation advanced naval vessels. POSCO plans to aggressively target the future high-tech defense industry materials market using its world-first developed high …

Source: Business Korea - Neutral
Published on May 28, 2025

Shipbrokers: ONE orders 8+4 LNG-powered containerships

Singapore-based shipping company Ocean Network Express (ONE) has reportedly placed an order for eight liquefied natural gas (LNG)- powered 16,000 TEU boxships in South Korea. Illustration. Courtesy of ONE The order includes four options, according to data …

Source: Offshore Energy - Neutral
Published on May 27, 2025

Making Our Navy Supreme Again

Hyundai Heavy Industries Co., one of the world's largest shipbuilders, is leading the global shipbuilding industry. (Photo by Chung Sung-Jun/Getty Images) Getty Images It’s a true emergency: Our Navy is falling dangerously behind China’s. Beijing …

Source: Forbes - Neutral
Published on May 28, 2025

PH Navy commissions 2 modern ships at Naval Operating Base Subic during its 127th anniversary

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Source: Subic Bay News - Neutral

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Published on May 30, 2025 - 13:10 GMT

Diana Shipping Inc. Announces Results of 2025 Annual Meeting of Shareholders

ATHENS, Greece, May 30, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the "Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that the Company's Annual …

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Published on May 29, 2025 - 13:21 GMT

Area 52 Becomes First Online Dispensary Shipping Legal Recreational Cannabis to Texas

Area 52 becomes the first online dispensary shipping legal cannabis products – including THC gummies and flower – to Texas. HOUSTON, TX, UNITED STATES, May 29, 2025 /⁨EINPresswire.com⁩/ -- Area 52 becomes the first and only online dispensary …

Distribution channels: Chemical Industry, Food & Beverage Industry ...

Published on May 29, 2025 - 12:30 GMT

Top Companies in Electric Cargo Bikes Market Size USD 3,659.2 Million By 2031| DataM Intelligence

The Electric Cargo Bikes Market is growing rapidly, driven by eco-friendly transport demand, urban logistics, and e-commerce expansion across major regions. AUSTIN, TX, UNITED STATES, May 29, 2025 /⁨EINPresswire.com⁩/ -- Electric Cargo Bikes Market …

Distribution channels: Automotive Industry ...
Published on May 29, 2025 - 13:00 GMT

DP World Opens Fifth Freight Forwarding Office in Brazil, Strengthening Logistics Network

SÃO PAULO, Brazil, May 29, 2025 (GLOBE NEWSWIRE) -- DP World, a global leader in logistics and supply chain solutions, has opened a new freight forwarding office in Curitiba, Paraná – its fifth in Brazil – reinforcing the company’s strategy to build a …

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Published on May 29, 2025 - 12:10 GMT

Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2025; Declares Cash Dividend of $0....

ATHENS, Greece, May 29, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $3.0 million and net income …

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Published on May 28, 2025 - 15:56 GMT

Veo Debuts First Dockless Cargo E-Bike in North America, Sets Goal for 50% Cargo Fleet by 2030

Washington, D.C., May 28, 2025 (GLOBE NEWSWIRE) -- Today at the NACTO Designing Cities Conference, Veo is launching the Apollo Cargo, the first dockless shared cargo e-bike in North America. Equipped with throttle assist, front and rear baskets, and …

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Published on May 28, 2025 - 12:23 GMT

Indian authorities announce emergency state due to dangerous cargo spill

(MENAFN) Authorities in Kerala have declared a state of emergency following the capsizing of a cargo vessel carrying oil and hazardous materials off the coast near Kochi. The incident, which occurred early Sunday, has raised serious concerns over a …

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Published on May 27, 2025 - 18:04 GMT

Nine Ports to be connected to Saudi Ports by adding Evergreen’s Shipping Service 'ARPG'

Mawani strengthens Saudi Ports' global connectivity with the addition of Evergreen's “ARPG” service, linking King Abdulaziz Port to nine international ports. RIYADH, RIYADH, SAUDI ARABIA, May 27, 2025 /⁨EINPresswire.com⁩/ -- The Saudi …

Distribution channels: Building & Construction Industry, Business & Economy ...

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Published on May 30, 2025 - 22:19 GMT

Log-hub and OPTANO: A Unified Approach to Smarter, End-to-End Supply Chain Optimization

Log-hub and OPTANO have partnered to support supply chain professionals with a flexible, end-to-end approach to network design and optimization. SCHINDELLEGI, SWITZERLAND, May 31, 2025 /⁨EINPresswire.com⁩/ -- Log-hub and OPTANO have joined forces …

Distribution channels: Companies, Consumer Goods ...
Published on May 30, 2025 - 22:11 GMT

Route Optimization Cockpit: Smarter Transport Planning through Automation and Insight

Log-hub and KNIME have launched the Route Optimization Cockpit for automated daily route planning and delivering insights through interactive dashboards. SCHINDELLEGI, SWITZERLAND, May 31, 2025 /⁨EINPresswire.com⁩/ -- Log-hub and KNIME have joined …

Distribution channels: Consumer Goods, IT Industry ...
Published on May 31, 2025 - 01:20 GMT

Trans Mountain Corporation Releases First Quarter 2025 Financial Results

CALGARY, Alberta, May 30, 2025 (GLOBE NEWSWIRE) -- Trans Mountain Corporation (“TMC” or “the Company”) has released its financial statements and associated management report for the three months ending March 31, 2025. The Company’s financial results are …

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Published on May 31, 2025 - 01:20 GMT

La Corporation Trans Mountain annonce ses résultats financiers pour le premier trimestre de 2025

CALGARY, Alberta, 30 mai 2025 (GLOBE NEWSWIRE) -- la Corporation Trans Mountain (la « CTM » ou la « société ») a publié ses états financiers et le rapport de la direction qui s’y rattache pour le trimestre clos le 31 mars 2025. Les résultats financiers de …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 30, 2025 - 13:00 GMT

Ready 2 Roll Moving Relocates — Same Team, New Space in Loveland

LOVELAND, OH, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- In response to a growing demand for relocation services and to support business growth, Ready 2 Roll Moving is happy to announce it will relocate to a new office at 10930 Loveland- …

Distribution channels: Companies, Shipping, Storage & Logistics ...
Published on May 30, 2025 - 12:29 GMT

ShieldMark and Mighty Line Prevail in Six-Year Federal Legal Battle Against Spota LLC and Clifford A. Lowe

CLEVELAND, OH, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- After six years in the federal courts, ShieldMark, Inc., manufacturer of Mighty Line Floor Tape, is pleased to announce it has secured a significant victory in a patent dispute that was …

Distribution channels: Business & Economy, Companies ...
Published on May 30, 2025 - 09:27 GMT

Seller Assistant Launches Sourcing AI Beta — A One-Click Supplier Finder for Amazon Sellers

Seller Assistant launches Sourcing AI Beta — a smart tool to help Amazon sellers find verified U.S. suppliers faster and with less manual work. SAN DIEGO, CA, UNITED KINGDOM, May 30, 2025 /⁨EINPresswire.com⁩/ -- Seller Assistant, a trusted platform used …

Distribution channels: Business & Economy, Companies ...
Published on May 30, 2025 - 08:34 GMT

WR Logistics Appoints Massimo Naldini as CEO for Italy

Massimo Naldini joins WR Logistics as CEO Italy, bringing 20+ years of expertise to lead industrial logistics operations and regional growth. DüSSELDORF, GERMANY, May 30, 2025 /⁨EINPresswire.com⁩/ -- WR Logistics, a provider of project logistics …

Distribution channels: Business & Economy, Chemical Industry ...
Published on May 30, 2025 - 20:15 GMT

Okeanis Eco Tankers Corp. – 2025 Annual Meeting of Shareholders held

ATHENS, Greece, May 30, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE:ECO / OSE:OET) today announced that the 2025 Annual Meeting of the Shareholders of the Company (the “Annual Meeting”) was duly held on May 30, 2025 …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 30, 2025 - 05:12 GMT

San Jose Hardwood Floors Launches Wholesale Shop Offering Premium Flooring Materials Direct to DIYers and Contractors

San Jose Hardwood Floors now offers pro-grade flooring to the public at SJ Floors Wholesale. DIYers & contractors. SAN JOSE, CA, UNITED STATES, May 29, 2025 /⁨EINPresswire.com⁩/ -- San Jose Hardwood Floors, the Bay Area’s premier expert in …

Distribution channels: Building & Construction Industry, Furniture & Woodworking Industry ...
Published on May 30, 2025 - 14:09 GMT

Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares

Friday, May 30, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.60 per share. He is now holding 4,650,000 shares. Following this transaction, the Hansson family owns 9, …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 30, 2025 - 14:00 GMT

TEN, Ltd. Announces Date for the First Quarter 2025 Results, Conference Call and Webcast

ATHENS, Greece, May 30, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE:TEN) (“TEN” or the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that it will report earnings for the first quarter ended March 31, 2025, prior to …

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Published on May 30, 2025 - 13:10 GMT

Diana Shipping Inc. Announces Results of 2025 Annual Meeting of Shareholders

ATHENS, Greece, May 30, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the "Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that the Company's Annual …

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Published on May 30, 2025 - 00:00 GMT

leagend Launches CM100: Advanced Coulomb Counter for Precision Battery Monitoring

leagend proudly announces CM100, an advanced battery power monitor designed to deliver precise, real-time insights into battery performance. SHENZHEN, GUANGDONG, CHINA, May 30, 2025 /⁨EINPresswire.com⁩/ -- leagend, a global leader in battery …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on May 30, 2025 - 10:00 GMT

Mullen Group Ltd. Closes Acquisition of Cole Group of Companies

OKOTOKS, Alberta, May 30, 2025 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation") is pleased to announce the closing of the acquisition of Cole Group Inc., Cole …

Distribution channels: Companies, Shipping, Storage & Logistics ...
Published on May 29, 2025 - 18:19 GMT

CLEAR THE CLUTTER: JUNK.COM CELEBRATES NATIONAL CLEAN OUT YOUR GARAGE DAY WITH TOP TIPS & TOOLS

DALLAS, TX, UNITED STATES, May 29, 2025 /⁨EINPresswire.com⁩/ -- Junk.com, a national leader in junk removal and responsible disposal, is rolling up its sleeves to celebrate National Clean Out Your Garage Day on Saturday, June 8 — and they’re …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 29, 2025 - 17:05 GMT

AI-Powered Truck Driver Recruiter Debuts a Cutting-Edge AI Hiring Solution for the Trucking Industry

A comprehensive, first-of-its-kind AI in recruitment software designed for trucking companies to streamline their recruitment process, fill positions quickly. SACRAMENTO, CA, UNITED STATES, May 29, 2025 /⁨EINPresswire.com⁩/ -- AI-Powered Truck …

Distribution channels: Building & Construction Industry, Manufacturing ...
Published on May 29, 2025 - 15:30 GMT

Inaugural Last Mile Retail Awards Honors Excellence in Final-Mile Innovation and Leadership

NASHVILLE, TN, UNITED STATES, May 29, 2025 /⁨EINPresswire.com⁩/ -- The inaugural Last Mile Retail Awards lit up downtown Nashville on May 21, 2025, with a high-energy celebration held at the Sheraton Grand Nashville Downtown. This landmark event …

Distribution channels: Business & Economy, Companies ...
Published on May 29, 2025 - 14:47 GMT

AI-Powered Truck Driver Recruiter Unveils Groundbreaking Software, Enhancing Efficiency and Reducing Hiring Delays

A comprehensive, first-of-its-kind solution tailored for trucking companies with Multi Agent Teams to streamline their recruitment process. SACRAMENTO, CA, UNITED STATES, May 29, 2025 /⁨EINPresswire.com⁩/ -- The trucking industry has long faced …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 29, 2025 - 14:00 GMT

GigSafe Agrees to Restrict Certain Access By Its Employees and Contractors to Openforce Platform Amid Lawsuit

In development in Openforce case vs. GigSafe and its CEO, GigSafe will instruct employees and contractors to refrain from certain access to Openforce platform. SCOTTSDALE, AZ, UNITED STATES, May 29, 2025 /⁨EINPresswire.com⁩/ -- As previously …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...