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Wallenius Wilhelmsen delivers stability and a strong Q1 in an uncertain market

Wallenius Wilhelmsen delivers a strong Q1 result with an EBITDA of USD 462m. “We deliver solid financial results despite seasonally low volumes, soft H&H...

Wärtsilä launches carbon capture solution to shipping market after world-first full-scale installation success

Technology group Wärtsilä has announced that its breakthrough carbon capture solution (CCS) is now commercially available to the global maritime industry, delivering a step-change...

Wallenius Wilhelmsen secures $140 million heavy equipment shipping contract

Wallenius Wilhelmsen enters into a three-year shipping contract with one of the world’s leading construction and mining equipment manufacturers. The contract is estimated to...

Ocean Yield increasing its investment in Geogas LNG

Ocean Yield AS announced last year an investment in Geogas LNG, which provided an indirect economic interest of 34% in the French company France...

Ardmore Shipping Corporation announces Financial Results for the three months ended March 31, 2025

Ardmore Shipping Corporation announced results for the three months ended March 31, 2025. Highlights and Recent Activity Reported Adjusted earnings and net income attributable to common stockholders...

Genco Shipping & Trading Limited announces Q1 2025 Financial Results

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the...

Excelerate Energy reports strong first quarter 2025 results and raises full-year guidance

Excelerate Energy reported its financial results for the first quarter ended March 31, 2025. RECENT HIGHLIGHTS Reported Net Income of $52.1 million for the first quarter Reported...

Pyxis Tankers announces loan commitment for potential fleet expansion

Pyxis Tankers, an international shipping company, announced that it had signed a commitment letter with an existing bank for a “hunting license” loan facility...

Navios Partners: Q1 revenues and profits down on lower charter rates

Navios Maritime Partners, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the first quarter ended March...

Evalend Shipping linked to tanker order at HD Hyundai

South Korea’s HD Hyundai has confirmed it has received an order for the construction of two 157,000-dwt tankers, valued at approximately USD 180 million. Deliveries...

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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.

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

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...