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SAPURA ENERGY BERHAD secures RM3.2 billion in new contracts for tender assist drilling rig services

SAPURA ENERGY BERHAD announced that its drilling arm have secured multiple contracts with a combined value of approximately RM3.2B. Sapura Drilling won two (2) contracts...

EPS and SPDB Financial Leasing sign financing agreement for dual-fuel container ships

Eastern Pacific Shipping (EPS) and SPDB Financial Leasing Co., Ltd. (SPDBFL) have signed a financing agreement for two newbuild LNG dual-fuel Neo-Panamax container ships....

BW LPG: Major Shareholder Disclosure

Avance Gas Holding has today transferred 19,147,342 shares in BW LPG Limited to Avance Gas shareholders in relation to distribution for the fourth quarter...

Golden Ocean delivers solid Q4 performance

Golden Ocean Group Limited, the world’s largest listed owner of large size dry bulk vessels, announced its unaudited results for the quarter ended December...

Seacon Shipping finances second bulker newbuilding

Seacon Shipping has announced a finance lease arrangement involving its indirect wholly-owned subsidiaries. The arrangement involves the sale of a 40,000 dwt bulk carrier...

Greek merchant marine fleet GRT shrinks in December

The gross tonnage of the Greek merchant marine fleet further dropped in December, according to the Hellenic Statistical Authority (ELSTAT). Despite the significant renewal and...

Contships completes vessel sales, acquisition of feeder boxship

During the fourth quarter of 2024, Contships completed the sale of five boxships, while it plans to sell two more. At the same time, the...

TEN orders shuttle tankers worth $1.3 billion

Tsakos Energy Navigation (TEN) is reportedly in advanced negotiations for signing new contracts to build an additional nine Shuttle Tankers at Samsung Heavy Industries....

Dalian iron ore extends losing streak on Chinese steel export outlook

Iron ore futures prices weakened for a third consecutive session on Wednesday, weighed down by dour outlook for Chinese steel exports and heightened trade...

Baltic Index gains for tenth straight session to more than two-month high

The Baltic Exchange’s dry bulk sea freight index, which measures rates for vessels moving dry bulk commodities, rose for a tenth straight session on...

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TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

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...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

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...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

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...