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Russian tanker splits in storm, spilling oil into Kerch Strait

Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait,...

CMA CGM-led consortium secures terminal concession at France’s Port of Lyon

French utilities provider Compagnie Nationale du Rhône has a awarded a consortium led by shipping company the CMA CGM Group a 30-year concession to...

FSL Trust agrees to sell one product tanker

The Board of Directors of FSL Trust Management, as trustee-manager of First Ship Lease Trust, announces that FSL-1, Inc., a wholly-owned subsidiary of the...

Rongsheng Heavy Industries restarts business

The once bankrupt Chinese shipbuilder Rongsheng Heavy Industries has restarted business under the new name of Jiangsu New Rongsheng Heavy Industry. Rongsheng was previously the...

Trafigura publishes 2024 annual results

Trafigura, a market leader in the global commodities industry, released results for its financial year ending 30 September 2024. Performance Net profit for the period of...

Igneo Infrastructure Partners to acquire the ownership interest in Höegh Evi

Höegh Evi announced that funds managed by Igneo Infrastructure Partners have entered into agreements to acquire a 50% ownership stake in Larus Holding Limited,...

Celestyal launches new ‘guest-focused’ website

Celestyal has unveiled a new-look website in line with this year’s refreshed brand identity, as part of its plans to boost its digital presence. The...

DHT Holdings announces sale of the DHT Scandinavia

DHT Holdings has entered into agreement to sell the DHT Scandinavia, a 2006 built VLCC, for $43.4 million. The Company expects to deliver the vessel...

Castor Maritime announces the acquisition of a majority stake in MPC Münchmeyer Petersen Capital AG

Castor Maritime, a diversified global shipping company, announces that on December 12, 2024, it entered, through a wholly owned subsidiary, into an Share Purchase...

Toro announces the provision of a senior term loan to Castor Maritime

Toro Corp., an international energy transportation services company, announces the agreement to provide a $100 million senior term loan facility to Castor Maritime. The...

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C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. ​President Donald Trump said on Tuesday no talks were taking place with Iran...

Cameroon-flagged cargo ship seized by pirates off Somalia

A general cargo vessel sailing under the flag of Cameroon was boarded and seized...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company...

Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...