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bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil

bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in...

SeaLead confirms compliance amid sanctions on chartered vessels

SeaLead has been made aware that multiple vessels, chartered by the company for commercial purposes, have been added to the Office of Foreign Assets...

Panama will not register oil tankers and bulk carriers older than 15 years

The Panamanian Ship Registry has updated its policies to optimize the operational performance of its fleet, minimize the risk of detentions, and prevent the...

Clarksons delivers “good performance” in 1H2025

Clarkson PLC announced unaudited Interim results for the six months ended 30 June 2025. Summary ·      Underlying profit before taxation* of £39.4m (2024: £51.5m) ·      Underlying basic earnings per...

Bahri posts robust 1H financial results

The National Shipping Company of Saudi Arabia (Bahri or the Company, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, today...

Solstad Offshore ASA – Contract award for CSV Normand Commander

Solstad Offshore ASA announced a contract award for the CSV “Normand Commander” with Petrobras. The vessel will be on a bareboat contract from the vessel...

Tidewater Q2 results exceed expectations

Tidewater reported results for the six months ended June 30, 2025. Second Quarter 2025 Highlights Revenue of $341.4 million, a 0.6% improvement compared to the second...

K-Line cuts tariff-cost estimate, raises impact of stronger Yen

Kawasaki Kisen Kaisha Ltd. expects the impact of US auto tariffs to be lower than previously feared, though a stronger yen is seen shaving...

Greek-owned fleet remains a leading maritime force

The Greek-owned fleet remains the leading maritime power with 5,700 ships. It represents 20% of the global fleet and 61% of the European Union...

Danaos posts highly profitable 2nd quarter

Danaos Corporation, one of the world's largest independent owners of container vessels and drybulk vessels, reported unaudited results for the period ended June 30, 2025. For...

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Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces its results for the three months...

SFL – Third quarter 2026 results

SFL Corporation Ltd. announced preliminary financial results for the quarter ended September 30, 2026. Highlights 91st consecutive quarterly dividend declared, $0.22 per share Total operating revenues of...

Wallenius Wilhelmsen delivers solid results in Q3

Wallenius Wilhelmsen reported an adjusted EBITDA of USD 428m in the third quarter. “We delivered a strong third quarter, with solid demand and performance...

TORM plc Q3 2026 results, dividend distribution, and financial outlook 2026

“Favorable market conditions, healthy transportation demand, and strong execution contributed to a strong third quarter,” said Jacob Meldgaard, CEO of TORM, adding, “We remain...

Matson announces third quarter 2026 results and raises full year outlook

Matson, Inc., a leading U.S. carrier in the Pacific, reported net income of $209.4 million, or $6.96 per diluted share, for the quarter ended September 30, 2026. ...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

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...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

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...