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SBM Offshore completes US$1.6 billion financing of Sepetiba

SBM Offshore announced it has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which is the largest project financing...

August cargo volume exceeds 954,000 TEUs at port of Los Angeles

Strong American consumer demand has continued unabated for more than a year, evidenced by the steady amount of cargo streaming through the Port of...

China’s crude steel output slips for third month on production curbs

China’s crude steel production fell for a third straight month in August as Beijing maintained curbs on production to reduce carbon emissions, official data...

DP World To Invest £300m In New 4th Berth At London Gateway Logistics Hub

DP WORLD announced that it will begin work next month on a new fourth berth at its London Gateway logistics hub to increase supply...

VLGC dry dockings through Q4 to soften downward impact of newbuilds on freight rates

Dry docking activities of very large gas carriers are expected to last through Q4 2021 that could soften the downward trend of freight rates...

Baltic index rises as smaller vessels gain

The Baltic Exchange’s main dry bulk sea freight index rose for a fifth straight session on Wednesday to its highest level in more than...

Navios Holdings: Redemption of $20.0 Million of 11.25% Senior Secured Notes due 2022

Navios Holdings, a global seaborne shipping and logistics company, announced that on September 14, 2021, the Company issued a notice of redemption with respect...

NCL Celebrates Return Of 2 More Ships In Mediterranean

Norwegian Cruise Line (NCL), the innovator in global cruise travel, today marked another milestone in its Great Cruise Comeback with the redeployment of Norwegian...

DSME Attains Annual Order Goal

Daewoo Shipbuilding & Marine Engineering (DSME) has won an order for four liquefied natural gas (LNG) carriers from an Asian client. The deal, worth...

MOL Signs Charter Deals for 4 New LNG Carriers to Serve NOVATEK

Mitsui O.S.K. Lines announced that, through a subsidiary, it has signed time charter contracts for four newbuilding liquefied natural gas carriers with NOVATEK Gas...

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Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

Greek-managed vessel confirmed seized by Iran in Hormuz Strait

A Greek-managed container ship has been seized by Iranian forces in the Strait of...

Iran seizes two ships in Hormuz αfter Trump halts attacks indefinitely

Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip...

Military planners to discuss Hormuz reopening in London

Military planners from more than 30 countries will hold two-day talks in London from...

Wärtsilä launches next-generation simulation platform to support future-ready maritime training

Technology group Wärtsilä announces the launch of NTPRO 7, a next‑generation bridge and ship‑handling...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...