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Fugro secures two contracts to support Brazil’s offshore energy expansion

Fugro has signed two three-year contracts with offshore energy services company Constellation to support responsible deepwater exploration activities in two of Brazil’s most strategically...

Carlyle to acquire Altera Infrastructure Group’s FPSO business

Global investment firm Carlyle announced that it has agreed to acquire a diversified FPSO (Floating Production, Storage and Offloading) business from Altera Infrastructure Group,...

BW LPG Limited announces sale of BW Lord

BW LPG Limited announced that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2008-built BW Lord for continued...

Samudera Shipping acquires container vessel for $64.9m

The vessel has a total capacity of 2,684 twenty-foot equivalent units. Samudera Shipping Line Limited has entered into a memorandum of agreement to acquire a...

Baltic index hits over one-week low on weaker demand across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to an over one-week low on...

The “boats of legality”: How the Lega Navale Italiana brings back to new life sailing yachts seized from migrant smugglers and drug traffickers

Tassos Mavris Journalist • Columnist Member: AJE & Community Radio and Italian Television  Over the past 15 years, numerous sailing boats have been intercepted off the Italian coast...

The Caravel Group and Celsius Tankers Partner to Co-Own and Operate Green Fleets of the Future

The Caravel Group and Celsius Tankers announce the formation of a strategic joint venture to co-own and operate a new fleet of high-specification LNG...

Shipping market shows mixed signals

Although global shipping is facing unstable fundamentals and geopolitical shocks, the freight market picture is multidimensional. From the stability in LNG and LPG carriers,...

Japan Engine: The world’s first complete commercial ammonia fueled engine has been accomplished

Japan Engine Corporation (J-ENG) accomplished the first fully-functional full-scale commercial engine 7UEC50LSJA-HPSCR (50 cm bore, 7 cylinders, with High Press. SCR) on August 30,...

ABB and Wallenius Marine establish OVERSEA™ joint venture

ABB and shipping company Wallenius Marine have formally established a new joint venture based in Stockholm, Sweden, to expand their OVERSEA™ collaboration and ensure...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

US, Iranian forces fire at vessels in waters near Iran

U.S. ​and Iranian forces fired at vessels in waters around Iran on Saturday, including...

Iran blacklists more ships trying to sail through Hormuz, govt website shows

Iran has added more ships it deems as non-compliant and subject to fines, confiscation...

Celestyal announces 2028 summer Mediterranean programme

Celestyal has unveiled its 2028 Mediterranean programme, with 124 sailings on sale from September...

Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailors

Saudi Arabia, the world's biggest crude exporter, said on Wednesday that an Iranian attack...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

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...