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Shipping slows after Iran says it has again shut the Strait of Hormuz

The number of ships that passed through the Strait of Hormuz fell sharply on Sunday ​after Iran announced it had again closed the waterway,...

Pan Ocean wins 20-year crude oil transport deal with SK worth 2.47 trillion won

Pan Ocean (028670), Korea's largest bulk carrier operator, has signed a 20-year long-term crude oil transport contract with SK Energy and SK Incheon Petrochemical,...

Shipping: Investors return to capesize vessels

The strong recovery in the dry bulk freight market has brought Capesize vessels back into focus, with shipowners increasing their exposure to both newbuildings...

U.S. downplays possibility of Hormuz tolls as negotiations restart

The US-Iran interim peace deal took effect and shipping started returning to the Strait of Hormuz as the US declared an end to its...

Navigator Gas announces signing of $205.8 million financing for two newbuild vessels, incorporating its first JOLCO sale leaseback

Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces today that certain of its subsidiaries...

MOL signs deal to supply bio-LNG fuel for car carriers in Europe

Mitsui O.S.K. Lines, Ltd. has signed new supply agreements in Northern Europe and the Mediterranean region to expand the use of bio-LNG fuel on...

DeepOcean awarded Foinaven contract

Global ocean services provider DeepOcean has entered into an agreement to support bp in the decommissioning and recycling of subsea equipment at the operator’s...

Genco Shipping & Trading Limited Shareholders overwhelmingly re-elect all Genco director nominees at 2026 annual meeting

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced that, based on preliminary results,...

Diana Shipping Inc. reaffirms offer to acquire Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Piraeus Port: Signs of recovery in container traffic amid cautious optimism over Suez normalization

Signs of recovery are being recorded in container traffic at the port of Piraeus Port, as the prospect of easing tensions in the Middle...

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TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Frontline reports “best quarterly profit ever”

Frontline plc reported unaudited results for the six months ended June 30, 2026: Highlights Reported the best quarterly profit ever of $659.2 million, or $2.96 per...

EXMAR announces half year 2026 results

 EXMAR Shipping delivered a resilient first-half performance despite geopolitical uncertainty, evolving regulations and changing trade flows. The segment reported stable revenue year-on-year in challenging...

DP World launches express ocean freight services ahead of peak shipping season

DP World has launched two new Express Less-than-Container Load (LCL) ocean freight services to...

Vessels crossing Strait of Hormuz drop to 5 per day

The number of visible commodity vessels transiting the Strait of Hormuz dropped to five...

Panama Canal introduces temporary booking system adjustments to increase flexibility and equitable slot access

The Panama Canal announced temporary modifications to its Transit Reservation (Booking) System for Neopanamax...

Two killed in oil tanker fire off South Korea, Yonhap reports

Two crew people were killed on ​Thursday after a fire ‌broke out aboard an...

Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff...

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...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

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...