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Korea, UAE sign 19 agreements, including $1.5B LNG carrier deals

A total of 19 agreements and memorandums of understanding (MOUs), mainly in the energy sector, were signed between the governments and companies of Korea...

Dalian iron ore extends decline despite more China property stimulus

Iron ore futures prices moved sideways on Wednesday, with the Dalian benchmark extending itrs declineto a third straight session, as weakening fundamentals of the...

China’s port throughput continues to grow; export decline slows further

Total throughput at China’s ports continued to increase in 1Q24, likely because recovering demand in the US and EU boosted container throughput, Fitch Ratings...

Baltic index gains on firm capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Wednesday as the rates in...

Lars-Christian Svensen steps down as Golden Ocean CEO

Golden Ocean announced that Lars-Christian Svensen, Chief Executive Officer of Golden Ocean Management AS, has decided to step down from his position to seek...

Oil tankers float for weeks Offshore UK in sign of weak demand

Three tankers carrying North Sea Forties crude have been floating off European shores for more than two weeks without discharge, a sign of weakening...

Golar LNG reports first quarter Net income of $55 million

Golar LNG Limited reports Q1 2024 Net income attributable to Golar of $55 million inclusive of $6 million of non-cash items1, and Adjusted EBITDA...

Yangzijiang Shipbuilding hits record US$16.8b in orders year-to-date

Yangzijiang Shipbuilding’s order book has reached a record US$16.8b year-to-date, exceeding the US$14.5b total from the end of 2023.’s order book has reached a...

Gasum, Equinor agree continuation of long-term LNG bunkering deal

Gasum and Norway-based global energy company Equinor have signed a long-term contract whereby Gasum continues to supply LNG to Equinor’s dual-fuel chartered fleet of...

Iron ore falls to one-week low as weak fundamentals outweigh latest property stimulus

Iron ore futures prices flipped to its lowest level in a week on Tuesday after making gains earlier the session, on investor caution as...

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d‘Amico International Shipping sees rise in earnings

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, examined and approved...

International Seaways posts record quarterly net income; matches record dividend

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the third...

Dorian LPG announces record earnings in Q2

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers reported its financial results for the three months ended September...

Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces its results for the three months...

SFL – Third quarter 2026 results

SFL Corporation Ltd. announced preliminary financial results for the quarter ended September 30, 2026. Highlights 91st consecutive quarterly dividend declared, $0.22 per share Total operating revenues of...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...