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Exmar announces opening of new French entity

The Executive Committee of EXMAR NV reports its third quarter results of 2024.

Altera Infrastructure announces divestment of Altera Shuttle Tankers L.L.C.

Altera Infrastructure Holdings L.L.C., a wholly owned subsidiary of Altera Infrastructure L.P., has entered into an agreement to sell all its membership interests in...

Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg

The “Hamburg Express” – the eponymous flagship of Hapag-Lloyd’s “Hamburg Express” class – was ceremoniously christened at the Container Terminal Burchardkai in the Port...

Iron ore gains as markets await key China meeting

Iron ore futures swung to gains from losses on the first working day of the week as the market keenly awaiteda key meeting of...

Dalian iron ore dips as mixed supply data, softer global steel outlook weigh

Dalian iron ore futures prices declined on Thursday, as investors weighed mixed production data while a softer global steel market outlook added pressure on...

Exmar posts first half results

The Board of Directors of EXMAR has approved the interim accounts for the period ending June 30, 2024. The interim condensed consolidated financial statements...

OPEC August output falls to lowest since January on Libya, survey finds

OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan supply added...

Two ships report blasts in the Red Sea off Yemen, maritime security agencies say

Two crude oil tanker ships reported coming under attack in the Red Sea off the coast of Yemen on Tuesday, although neither reported damage,...

Scorpio Tankers announces financial results for the second quarter of 2024

Scorpio Tankers reported its results for the three and six months ended June 30, 2024. The Company also announced that its board of directors...

Hapag-Lloyd publishes 2023 annual report and announces forecast for the current financial year

Hapag-Lloyd published its annual report for 2023. As expected, a significant decrease in earnings was recorded. According to the report, the Group EBITDA stood...

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Testing giants Bureau Veritas and SGS in merger talks

France's Bureau Veritas, opens new tab and Switzerland's SGS (SGSN.S), opens new tab are in merger talks to create a testing and certification giant...

DHT Holdings announces business update

DHT Holdings provides the following business update: “For the fourth quarter of 2024, the Company estimates time charter equivalent earnings for its fleet at $38,800...

Scorpio Tankers announces fixed income investor meetings

Scorpio Tankers through its Norwegian investment banks, will arrange a series of fixed income investor calls commencing on January 13, 2025. A five-year USD...

West fully acquires Nordic Marine Insurance

West announced the full acquisition of Nordic Marine Insurance, a leading provider of fixed premium insurance for the marine industry, specialising in Delay Insurance,...

BW LPG: Kristian Sorensen boosts shareholding

Kristian Sørensen, Chief Executive Officer has purchased 1,000 shares in BW LPG Limited on 19 December 2024 at a price of NOK 115 per...

Greek shipowners make cautious start to 2025

Greek shipowners have made cautious moves, with sales mainly of older ships, in the...

Shipping giants Maersk and Hapag-Lloyd see no immediate return to Red Sea

Two of the world's top shipping companies, Maersk, opens new tab and Hapag-Lloyd, opens...

Baltic index down for third straight session on lower capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

US importers rush in goods from China as Trump tariff threat looms

U.S. imports from China finished the year strong after some companies stockpiled shipments of...

Baltic index extends decline on lower rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

PPA S.A: MSC Cruise sailings started at the Port of Piraeus, a leading homeport cruise port in the Mediterranean

The Management of PPA S.A. welcomed the MSC Sinfonia to the port of Piraeus for 2025, hosting a special event where PPA’s DCEO, Cpt....

Wallenius Wilhelmsen wins terminal contract in Gothenburg

Wallenius Wilhelmsen is taking a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg, Sweden. “It amplifies our operational...

ThPA: A new chapter with the entry of Margarita Louis-Dreyfus

LeonidsPort B.V. of the French Louis-Dreyfus family, whose homonymous business group (LDC) is one of the world’s largest agri-food trading and processing groups, intends...

PPA S.A.: First cruise ship of the year sails at the Port of Piraeus – Historical cruise passenger record

 PPA S.A. welcomed the Viking Saturn, the first cruise ship of the new year, to the Port of Piraeus through a special ceremony that included...

Crowley acquires Main Line, expanding harbor services with mooring capabilities

Crowley announced that it has expanded its harbor services capabilities through the acquisition of Main Line, a vessel mooring company based in Seattle, effective...