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BP chair Lund to exit ‘likely’ in 2026 amid Elliott campaign

Chair Helge Lund intends to step down "likely during 2026", the energy group said on Friday amid a campaign by activist hedge fund Elliott...

ZIM announces new long-term chartering agreements for ten 11,500 TEU LNG dual-fueled vessels

ZIM Integrated Shipping Services announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total...

Lime Petroleum, Borr Drilling agree jackup rig contract

Lime Petroleum signed a contract with Borr Gerd Limited for the Gerd jackup rig, which will be used for a 120-day drilling campaign in...

Belships CEO Skarsgård resigns

Lars Christian Skarsgård has resigned as CEO of Belships. The new chairman of the board, Ivar Hansson Myklebust, will take over as CEO until a...

Performance Shipping enters into potential forward sale agreement for the 2009-built Aframax Tanker, M/T P. Sophia

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...

Dalian iron ore slides to over two-week low on trade war jitters

Iron ore futures prices sank on Monday, dragged by tit-for-tat tariffs between the U.S. and top consumer China that have widened a global trade...

Baltic Index extends falls to hit one-month low

The Baltic Exchange’s dry bulk sea freight index extended declines to a one-month low on Monday, as rates across various vessel segments declined amid...

Eneos Drilling agrees offshore deal in Vietnam

ENEOS Drilling has won a contract to supply a rig to Japan Vietnam Petroleum Company (JVPC) for a firm two-well campaign offshore Vietnam. ENEOS Drilling’s...

Greek shipowners see calm after the storm

The global shipping industry is closely monitoring developments after US President Donald Trump announced heavy tariffs on imports of products from dozens of countries...

Commodities collapse: China tariffs send oil, soybeans and copper tumbling

Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China retaliated...

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Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

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...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

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)...

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...