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Hormuz naval escorts will not ensure vessel transits through Hormuz: IMO head

Naval escorts for oil tankers and other merchant vessels through the Strait of Hormuz have limited power to restore the free flow of shipping...

Purus said to expand gas platform with single LNG carrier order at SHI

Samsung Heavy Industries (SHI) announced on 20 March that it had secured a contract to construct an LNG carrier for an undisclosed Oceania-based owner....

Jinhui Holdings Company Limited: Major transaction disposal of a vessel

The Board announces that on 20 March 2026, the Vendor, an approximately 55.69% indirect subsidiary of the Company, entered into the Agreement with the...

APM Terminals becomes minority shareholder and operating partner in Hai Phong

After three years of close partnership developing the Hateco Hai Phong International Container Terminal (HHIT) from greenfield to go-live, APM Terminals is now joining...

Icon Energy Corp. provides commercial update

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, provides a...

Navigator Gas announces pricing of upsized secondary public offering by selling shareholder and concurrent repurchase of shares by Navigator Gas

Navigator Holdings Ltd. announced the upsize and pricing of the previously announced public offering of a total of 8,000,000 shares of the Company’s common...

Dorian LPG Ltd. takes delivery of Dual-Fuel 93,000 cubic meter newbuilding

Dorian LPG Ltd., a leading owner and operator of very large gas carriers, announced the delivery of its 93,000 cubic meter (cbm) dual-fuel newbuilding...

Tanker markets break loose as physical barrels vanish from global trade

If you want to buy a cargo of oil in Asia or jet fuel in Europe right now, you may have to pay a...

Port of Long Beach cargo up amid war, tariff uncertainty

Amid ongoing uncertainty over the impact of tariffs and conflict in the Middle East, the Port of Long Beach reported solid cargo volumes in...

Baker Hughes, Petrobras sign strategic service agreement for critical turbomachinery equipment

Baker Hughes, an energy technology company, announced Wednesday a substantial 60-month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations...

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COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Q3 2026: KONGSBERG delivers a strong third quarter with a record-high order backlog

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand...

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.    

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

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...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

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%...