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BIMCO adopts biofuel clause to support transition to low-carbon fuels

BIMCO has adopted a Biofuel Clause for Time Charter Parties to address legal and operational challenges as the use of low-carbon fuels in shipping...

Balaena acquires APCL Group to strengthen Britain’s maritime, defence and industrial capability

Balaena, the maritime engineering and shipbuilding group that owns the historic drydock and dockyard facility in Gibraltar, Gibdock, and a shipyard in Padstow, Cornwall, announced...

Alleima receives major umbilical tubing order

Alleima has received a major order for advanced umbilical tubes from a global provider of subsea technology to a total value of approximately SEK...

Genco Shipping & Trading Limited urges shareholders to vote

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, mailed a communication to shareholders urging...

Celestyal to broadcast World Cup matches onboard

Celestyal has announced that it will broadcast FIFA World Cup matches live in public areas on both of its ships, Celestyal Discovery and Celestyal...

Greek shipowners invest 3 billion euros in dry bulk shipping market

Greek shipowners remained at the centre of global dry bulk activity during the first five months of 2026, recording 87 vessel sales, 48 acquisitions...

Oil rises more than $1 as escalation in US-Iran strikes unnerve traders

Oil prices jumped on Thursday as Tehran declared the critical energy chokepoint, the Strait of Hormuz, closed ‌after the U.S. launched additional strikes against...

ABS, KSOE and HHI advance battery integration for 16K container ship

ABS, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) completed a joint development project for a high...

BIMCO launches project to develop Russia tanker resale restrictions clause for MoAs

BIMCO has commenced work on the development of a standard contractual clause to address new EU requirements applicable to tanker sale and purchase transactions.  The...

Viridien and Aker BP partner to advance multi-client OBN seismic and geoscience workflows for exploration on the Norwegian Continental Shelf

Viridien and Aker BP have entered into a strategic partnership agreement to strengthen collaboration across multi-client ocean bottom node (OBN) seismic data acquisition, imaging,...

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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...