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Trump administration to immediately lift Iranian oil sanctions under new agreement

The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the...

Port of Los Angeles may cargo volume climbs 17%

The Port of Los Angeles processed 840,165 Twenty-Foot Equivalent Units (TEUs) in May, 17% above last year as import volume increased amid continued uncertainty...

Transocean Ltd. announces contract awards totaling $185 million

Transocean Ltd. announced contract awards for two of its harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $185 million in firm contract backlog. The...

LPG shipping rates fall despite surge in exports

The LPG carrier market got off to a weak start this summer as freight rates began to retreat – particularly on routes to Asia...

Joint Statement by BIMCO, ICS, INTERTANKO and INTERCARGO: “Global shipping industry associations condemn recent attack on seafarers”

BIMCO, the International Chamber of Shipping (ICS), INTERTANKO and INTERCARGO, unanimously condemns recent attacks on seafarers and commercial shipping in and around the Strait...

Scouring the Strait of Hormuz for mines could take weeks

Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen...

Qatar’s Hamad Port sails into the world’s top eight

The net tonnage through Qatar’s ports witnessed more than 49% shrinkage year-on-year; while it increased about 9% month-on-month in December 2019, said the figures...

IMO Secretary-General welcomes US-Iran agreement

The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez welcomes with great satisfaction the peace agreement reached between the parties in the...

Sallaum Lines orders 2 + 2 8,600 CEU dual-fuel car carriers- Its largest vessels yet

Sallaum Lines has ordered the two largest vessels in its history, signing a shipbuilding contract with Xiamen Shipbuilding Industry Co., Ltd. (XSI) for 2...

New EU sanctions target Russian energy revenues

The Council adopted a set of restrictive measures to combat Russia’s war of aggression against Ukraine, its hybrid activities and its systematic disregard for...

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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...