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KNOT Offshore announces Q3 Interim Results

For the three months ended September 30, 2024, KNOT Offshore Partners LP: Generated total revenues of $76.3 million, operating income of $17.2 million and net...

Global Ship Lease to acquire four high-reefer ECO Containerships

  Global Ship Lease, an owner of containerships, announced that it has contracted to purchase four high-reefer ECO-9,115 TEU containerships with an average age...

Shell and Equinor to create the UK’s largest independent oil and gas company

Equinor UK Ltd, a subsidiary of Equinor ASA and Shell UK Limited, a subsidiary of Shell plc are to combine their UK offshore oil...

Celestyal’s inaugural Arabian Gulf season launches in Qatar

Celestyal has confirmed its flagship, Celestyal Journey, has arrived in Doha, Qatar, to start the line’s maiden Arabian Gulf season. The season begins with...

Intermodal Weekly Market Report [W48]

Following the recent reactivation of Jiangsu Rongsheng Heavy Industries to fulfil a substantial order from MSC for eight 12,000 TEU container vessels, it is...

Iron ore gains as China stimulus hopes outweigh worries of escalating trade tensions

Iron ore futures prices gained on Wednesday as lingering expectations of fresh Chinese economic stimulus outweighed concerns over the escalation of trade tensions between...

Baltic index hits 15-month low as capesize rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a 15-month low on Wednesday,...

McDermott awarded FEED Contract by Repsol in the Gulf of Mexico

McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México S.A. for the Polok and Chinwol field development project in...

McQuilling invests in SulNOx Group

McQuilling Partners announced that a wholly owned subsidiary has invested in SulNOx Group PLC and will be the preferred partner to promote and sell...

STX Group expands its biofuels business with strategic acquisition of Marine Olie

STX Group, a leading environmental commodities and climate solutions firm, announced the acquisition of Marine Olie, a leading trader of waste-based advanced feedstocks. This...

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TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...