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ST Engineering secures ADSB sub-contract for Kuwait’s new missile gun boat fleet

ST Engineering’s Marine business has secured a six-year sub-contract valued at about S$600 million from Abu Dhabi Ship Building (ADSB) to design and supply...

HD Korea Shipbuilding & Offshore Engineering Prices $1.55 billion exchangeable bond on strong global demand

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has successfully priced a large-scale overseas exchangeable bond (EB), attracting strong demand from global investors and...

Minerva Gas receives LNG carrier “Minerva Roxanne”

Minerva Gas Inc., owned by Andreas A. Martinos, has further strengthened its fleet with the delivery of an additional state-of-the-art liquefied natural gas (LNG)...

Another Greek oil tanker exits Hormuz despite Iran’s blockade

Another Greek-controlled oil tanker has crossed the Strait of Hormuz, marking the fourth such voyage since hostilities in the Middle East began. The Suezmax Pola,...

Damen signs contract with the Polidano Group for two Combi Freighters (CF) 3850

Damen Shipyards Group has signed a contract with the Polidano Group for the delivery of two Combi Freighters (CF) 3850. The Malta-based company will...

Fugro to conduct geotechnical campaign for South America’s first licensed offshore wind project

Petrobras has selected Fugro to deliver a geotechnical site investigation for the Rio de Janeiro Offshore Wind Pilot Project, the first offshore wind development...

Japanese companies collaborate on global carbon capture projects

Chiyoda Corporation, Nippon Yusen Kabushiki Kaisha and its affiliate Knutsen NYK Carbon Carriers AS announced that they have signed a memorandum of understanding to...

Ningbo Ocean Shipping invests in 4+2 containerships

According to a relevant filing, Ningbo Ocean Shipping Co (NBOSCO) is investing in four firm 1,900 TEU containerships, which carry options for two more...

Venergy takes options at K Shipbuilding for MR tankers

Venergy Maritime has reportedly exercised options for the construction of two additional MR tankers to be built at K Shipbuilding in South Korea, with...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...

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Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Danske Bank profit rises more than expected on high activity, low losses

Danske Bank on Thursday reported a ​third-quarter net profit above estimates, citing solid ‌customer activity and strong credit quality, and narrowed its full-year profit...

Boluda Shipping signs agreement to acquire Samskip and jointly build Europe’s leading short-sea network

Boluda Shipping and Samskip have signed an agreement under which Boluda Shipping will acquire Samskip. The acquisition will pave the way for Europe’s most...

HHLA lowers earnings forecast for the 2026 financial year

Based on the business development to date and updated estimates for the fourth quarter of 2026, the Executive Board of Hamburger Hafen und Logistik...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...