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Konecranes reported higher net sales in the third quarter of 2026, while order intake declined year-on-year. In Port Solutions, net sales and the comparable EBITA margin improved despite lower order intake.
“On 1 September 2026, the global shipyard order book reached an estimated 203.2m Compensated Gross Tonnage (CGT), up 13% from 180.0m CGT a year earlier,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. This…
China has further cemented its dominance of global shipbuilding, capturing nearly three-quarters of new orders over the past year as the industry’s order book approaches record levels, according to new...
Heavy-duty vehicle manufacturer TII Kamag has received an order from a Brazilian mining company for six of its 140-tonne slag pot carriers (SPCs). The SPCs, which feature a U-frame design, will replace the customer’s…
South Korean shipping giant HMM is accelerating its fleet expansion with a KRW 2 trillion (about $1.5bn) investment to secure
California Attorney General Rob Bonta said on Monday he has sued the US Department of Energy to stop it from using a Cold War-era law to restart the long-disput
India's Cochin Shipyard signed a formal contract with CMA CGM on February 18, for the design and construction of six feeder container vessels. The agreement fol
HJ Shipbuilding and Construction (HJSC) announced on February 11 that it has signed a construction contract with an unnamed European shipowner for two 10,100 TE
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