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Flex LNG finalizes $430 million in new financings

Flex LNG announced that the aggregate $430 million of new financings announced in the Q2-2024 report have been completed according to plan with net...

Baltic Index hits two-week low as capesize rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit its lowest in over two weeks...

Scorpio Tankers announces vessel sale agreement

Scorpio Tankers announced that it has entered into an agreement to sell its 2019 built LR2 product tanker, STI Lily. The sale price is $73.5 million...

DP World expands marine services fleet with new vessels

DP World welcomed two newly built vessels to its Marine Services fleet, further strengthening its commitment to sustainability and operational excellence. The newbuild vessels, Navios...

GOGL: Renewal of share buy-back program

The Board of Directors of Golden Ocean Group announced the establishment and renewal of a share buy-back program. The Company has repurchased a total...

New LNG system opens in Greece aiming to reduce reliance on Russian gas

The new project, funded in part by the European Commission aims to reduce southeastern Europe’s dependence on Russian gas. The Greek city of Alexandroupolis is...

OPEC+ ‘staying together’ with goal to stabilize oil market: UAE minister

OPEC and its allies remain united in their goal of stabilizing the oil market, UAE energy minister Suhail al-Mazrouei said Oct. 2, ahead of...

Leading wheat and soybean exporters grapple with historic droughts

Top grain producing regions of Russia and Brazil experienced one of their driest Septembers on record, just as farmers in both export giants were...

MISC signs shipbuilding contract for two LNG carriers; gets long-term charter with PETRONAS

MISC Bhd and Samsung Heavy Industries signed shipbuilding contracts for the construction of two newbuild liquefied natural gas (LNG) carriers, scheduled for delivery in...

Stolt-Nielsen posts a third quarter net profit of $99.2 million

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2024. The Company reported a third quarter net...

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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...