Ships & Shipbuilding

Ship and shipbuilding news as it pertains to the shipping industry, such as orders for newbuilds by container lines, new ship designs, mega-ships or maritime accidents.

Ocean carrier decisions to build ships/add to the fleet, all other factros being equal, can signal a strengthening market. Some of the world's largest shipbuilders are Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and CSBC.

Commentary

Yilport, which signed a memorandum of understanding with the Mississippi State Port Authority in February, is promising to invest hundreds of millions of dollars in the state’s Port of Gulfport, for which it sees serving a distinct purpose.