Maritime Vessels Directory

German container shipping firm Hapag-Lloyd on Thursday posted a 50% drop in nine-month net profit to 846 million euros ($986.6 million) and lowered the top end of its full-year earnings outlook, citing market volatility and rising costs.The company narrowed its full-year earnings before interest and taxes (EBIT) forecast to between 0.5 billion and 1.0 billion euros, reducing the upper end from a previous range of 0.2 billion to 1.1 billion euros announced in its August earnings."(We) will respond agilely to changes in global trade and maintain strict cost discipline," Chief Executive Rolf Habben Jansen said in a statement.

Washburn & Doughty-Built Gerard McAllister Delivered

10 hours ago

McAllister Towing’s newest tractor tug, the Gerard McAllister, was delivered from Washburn & Doughty, the fifth in a series of six 84-metric-ton bollard pull, low-emission tractor tugs. She is McAllister’s 42nd tractor tug and the 13th with over 80 metric tons of bollard pull, underscoring the company’s continuation toward a more powerful, hi-tech, and sustainable fleet.Driven by 6,770 horsepower in her CAT engines, the Gerard McAllister is built to handle the largest ships arriving on the U.S. East Coast. She joins her sister vessel, the Grace McAllister (launched in 2024), as the newest member of the fleet at McAllister’s flagship New York operation.

AET Orders Pair of LNG Dual-Fuel Vessels from SHI

22 hours ago

Newbuilds expand AET’s dual-fuel fleet to all of its sectors: Aframaxes, Shuttle Tankers, Suezmaxes and Very Large Crude Carriers (VLCCs)AET signed shipbuilding agreements with Samsung Heavy Industries (SHI) for the construction of two LNG dual-fuel Suezmax tankers.The vessels will further expand AET’s growing dual-fuel fleet operating worldwide. With these orders, AET will have dual-fuel capability in all the tanker sectors it operates in – Aframaxes, Shuttle Tankers, Suezmaxes and Very Large Crude Carriers (VLCCs).Each vessel will feature advanced technologies to enhance efficiency and environmental performance, including:Everllence 6G70ME-C10.

McDonald Appointed ABS Chairman, CEO

2 days ago

The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on November 11.In the culmination of a well-planned succession process, McDonald, the serving ABS President and Chief Operating Officer, will take over on January 1, 2026, when present ABS Chairman and CEO Christopher J. Wiernicki retires.“I am honored to lead this remarkable organization," said McDonald in a release announcing the appointment. "I do so with deep respect for the legacy of technical excellence and steadfast commitment to safety that has guided ABS for more than 160 years.

Domestic Shipbuilding Creates US Port Efficiency and Growth

2 days ago

On October 28, 2025 U.S. Senator Dan Sullivan (R-Alaska), Chairman of the Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Coast Guard, Maritime, and Fisheries, convened the Senate hearing “Sea Change: Reviving Commercial Shipbuilding”. This hearing examined how to modernize and accelerate U.S. commercial shipbuilding while strengthening a larger maritime industrial base.Senator Sullivan opened with a statement that included: “Our nation faces a critical strategic challenge as foreign competitors, especially China, lead global shipbuilding while our domestic capacity remains very limited.

Maritime Reporter and Engineering News (November 2025)