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Eni announces final investment decision for Cyprus’ Cronos project

Eni has reached the Final Investment Decision (FID) to develop Cronos project, in deep waters offshore Cyprus, with the target to bring the first...

Genco Shipping & Trading Limited issues statement in response to expiration of Diana Shipping’s tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding...

Diana Shipping highlights decline in Genco Shipping & Trading fleet values and urges board to act before further value is eroded

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Safe Bulkers announces strong results, increased dividend

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and six-month periods ended June...

CMA CGM: Strong results driven by the Group’s agility in a volatile environment

CMA CGM reported its financial results for the second quarter of 2026, highlighting strong results driven by the Group’s agility in a volatile environment...

L&T secures FCA with TenneT for 2 GW offshore wind programme

L&T announces the successful conclusion of the Framework Cooperation Agreement (FCA) for 2 GW offshore wind programme with TenneT. L&T, in consortium with Hitachi Energy,...

Offshore Energies UK responds to public consultation on the £10.8 billion Rosebank and Jackdaw energy projects

Offshore Energies UK is calling for an acceleration of consent for development of the Rosebank and Jackdaw energy projects highlighting in its response to ongoing public consultations submitted this week, their strategic...

DryDel Shipping invests in Japanese-built vessels

DryDel Shipping will continue investing in Japanese-built vessels, reaffirming a strategy that prioritizes long-term efficiency over lower upfront costs, Chief Executive Kostas Delaportas said. Speaking...

Daehan Shipbuilding wins two Suezmax orders

Daehan Shipbuilding has achieved its largest annual order volume since its founding by securing a large-scale order at the start of the second half...

Keppel announces approximately S$3.7 billion programme to monetise up to 10 legacy rigs through Keppel Offshore Fund

Keppel Ltd. announced a programme to progressively monetise up to 10 legacy rigs through a new private fund, Keppel Offshore Fund (KOF), which is...

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TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Frontline reports “best quarterly profit ever”

Frontline plc reported unaudited results for the six months ended June 30, 2026: Highlights Reported the best quarterly profit ever of $659.2 million, or $2.96 per...

EXMAR announces half year 2026 results

 EXMAR Shipping delivered a resilient first-half performance despite geopolitical uncertainty, evolving regulations and changing trade flows. The segment reported stable revenue year-on-year in challenging...

Two killed in oil tanker fire off South Korea, Yonhap reports

Two crew people were killed on ​Thursday after a fire ‌broke out aboard an...

Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff...

TORM announces Q2 2026 results, dividend distribution, and financial outlook 2026

In the second quarter of 2026, TORM (Nasdaq: TRMD or TRMD A) generated time...

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

Iran said it had restarted talks ​with neighbor Oman to manage the Strait of...

Panama Canal auction hits new record at $5.3 million

A shipper needing to transit the Panama Canal bid a record $5.3 million to...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...