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Cosco Shipping Holdings sees quarterly profits soar

COSCO SHIPPING Holdings announced the third quarter results for 2024.  In the first three quarters of 2024, the volume of cargo in major markets grew...

Leadership change at ESVAGT

From 1 November Kristian Jakobsen and Søren Karas will jointly take over the CEO role at ESVAGT replacing Peter Lytzen who will retire. Kristian Jakobsen...

Avance Gas Holding successfully completed the first VLGC delivery to BW LPG

Avance Gas Holding refers to the announcement on August 15, 2024, to sell its VLGC fleet to BW LPG Ltd for $1,050 million. The...

Teekay Corporation reports third quarter 2024 results

Teekay Corporation reported results for the three months ended September 30, 2024. These results include the Company’s publicly-listed consolidated subsidiary, Teekay Tankers and all...

Trafigura issues statement on Mongolia petroleum products business

An internal review followed by an external forensic investigation have uncovered serious misconduct by individuals in Trafigura’s Mongolian petroleum products supply business.  The misconduct included...

Dorian announces Q2 FY2025 financial results

Dorian, a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ended September 30, 2024. Key...

Monjasa expands into new offshore US Gulf operations

Global top 10 marine fuels supplier, Monjasa, expands further into the US Gulf, following five years of maritime operations in the Port of Houston. As...

Shipbroker SSY enters LPG and ammonia markets

SSY, the world’s largest independent shipbroker, announced that it is to enter the LPG and Ammonia markets in order to help its global client...

Iron ore trades sideways as investors await cues on fresh China stimulus

Iron ore futures held within a narrow range on Thursday as upbeat industry data from top consumer China lifted sentiment, but gains were capped...

Baltic index drifts lower as supramax hits over 8-month low

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities eased on Thursday, as supramax index fell to its...

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Odfjell SE 2Q26: A strong financial result

Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....

Navios Maritime Partners L.P. reports financial results for the second quarter and six months ended June 30, 2026

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...

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...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

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...

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...