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Wärtsilä to further expand its production capacity in Finland by 35% to meet global increase in demand in energy and marine

Technology group Wärtsilä will invest approximately EUR 140 million to further expand its production capacity by 35% at its technology centre, Sustainable Technology Hub...

United Overseas Trading acquires certain entities of the Norvic Shipping platform

United Overseas Trading, a wholly owned subsidiary of United Overseas Group, announced that it has acquired certain entities from Norvic Shipping, specifically, the entire...

Pistiolis linked to order for 10 MR tankers in China

Central Group, owned by Evangelos Pistiolis, has agreed to build ten MR product tankers, according to industry sources. More specifically, the shipping company has reportedly...

Posidonia 2026 set to break all records as duration of shipping gathering extends

Posidonia to include exhibition, conferences, networking, social and sporting events over 3 week period to welcome thousands of exhibitors and visitors from some 140...

Haskoning acquires Portwise

International consulting engineering company Haskoning announced the acquisition of Portwise, a world-leading consultancy active in planning and simulation of ports and terminals. Portwise is...

CK Hutchison launches arbitration over Panama Canal ports contract ruling

Hong Kong's CK Hutchison said on Wednesday its Panama Ports Company unit has started international arbitration proceedings against Panama after the country's top court...

Greek shipowners: 47 orders for newbuildings

Greek shipowners proceeded with 47 new ship orders in Asian berths in the first 31 days of the year. It is noted that during...

QatarEnergy secures long-term LNG supply deal with Japan’s Jera as demand surges

QatarEnergy, one of the world's biggest LNG suppliers, signed a deal on Tuesday with Japan's top power generator Jera to supply 3 million tons...

Atlas Maritime orders 2+2 suezmax tankers in S. Korea

Atlas Maritime has reportedly placed an order for 2+2 suezmax tankers with DH Shipbuilding. The vessels are valued at approximately $86 million each, with...

Intermodal Weekly Market Report [W5]

 Europe’s decision to formally sever its remaining gas ties with Russia marks the end of a chapter that has defined the continent’s energy system...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

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...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...