Tuesday, December 2, 2025

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LNG carriers: The rally continues unabated

The LNG carrier freight market is at the center of global interest, as freight rates continue their rally, reaching the highest levels of the...

Hyundai Glovis clinches $396 mil. LNG shipping deal

Hyundai Glovis said Thursday it has secured a 580 billion won ($396 million) liquefied natural gas (LNG) transportation contract that will run for up...

HMM pauses LNG shipping comeback amid weak freight outlook and overseas sale

HMM, which had been considering re-acquiring Hyundai LNG Shipping, has put on hold for now its re-entry into the liquefied natural gas (LNG) transport...

Golar LNG announces successful completion of $1.2BN FLNG Gimi bank facility

asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancing...

Stealthgas achieves “another quarter of solid profits”

STEALTHGAS INC., a ship-owning company serving the liquefied petroleum gas sector of the international shipping industry, announced today its unaudited financial and operating results...

MISC Group financial results for the third quarter of 2025

Zahid Osman, MISC President and Group CEO said, “MISC achieved stronger profitability and higher operating cash flows to date reflecting stronger operational agility despite...

Egypt: Petroleum Ministry, SCA pen deal for LNG fueling station in Port Said

The Ministry of Petroleum and Mineral Resources and the Suez Canal Authority (SCA) signed a memorandum of understanding (MoU) to establish a liquefied natural...

Dynagas reports strong financial results for the third quarter of 2025

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas carriers, announced its results for the three and nine months ended September...

China buying sanctioned Russian LNG at deep discounts

Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August to entice Chinese buyers to...

HMM and B International Shipping & Logistics, a BGN group company, establish Joint Venture to expand LPG Shipping Business

HMM, South Korea’s largest national carrier, has partnered with B- International Shipping and Logistics, a part of the BGN group of companies to establish...

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Hafnia delivers strong Q3 earnings

Hafnia Limited announced strong earnings for the Q3.

NAT: Increased dividend and solid prospects

Nordic American Tankers increased dividend and solid prospects. “The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain...

Globus releases financial results; hails “nimble chartering strategy”

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30,...

Havila Kystruten AS: Completion of Comprehensive Debt Refinancing

Havila Kystruten AS announces that the previously disclosed EUR 456 million refinancing has now been completed. Closing took place on 24 November 2025 following...

CMB.Tech more than doubles revenue in Q3

CMB.TECH NV reported its unaudited financial results today for the third quarter ended 30 September 2025. HIGHLIGHTSFinancial highlights: Profit for the period of 17.3 million USD...

Cruise Saudi welcomes Celestyal on its maiden call to Jeddah with plaque exchange

Celestyal has marked its first ever visit to Jeddah, Saudi Arabia, with a traditional...

Greece ranks fourth in IMO Council election with 153 votes

Greece was ranked 4th place in Category A of the IMO Council, with 153...

Strong capesize rates propel Baltic index to near 2-year high

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting...

Russia fails to win back seat on UN shipping agency’s council

Russia failed on Friday to win enough votes to rejoin the U.N. shipping agency's...

Celestyal hails record-breaking Mediterranean and Adriatic season

Celestyal has concluded its most successful Mediterranean and Adriatic season on record, with the...

Port of Newcastle reopens after climate protesters block shipping channel

One of Australia’s biggest coal export ports resumed operations on Monday, the port operator said, after climate-change protesters disrupted shipping at the Port of...

DP World’s Antwerp gateway nears completion Of €230m expansion plan as it marks 20 year anniversary

DP World Antwerp is on the verge of finalising a €230 million expansion plan to boost capacity by 30% in 2026, reinforcing the Port...

AD Ports Group sells 9.77% stake in NMDC Group to Alpha Dhabi Holding for AED 1.6 Billion

AD Ports Group, a leading global facilitator of trade, logistics, and industry, announced the sale of its 9.77% stake in NMDC Group PJSC, a...

MSC Group to boost trade connectivity for Bangladesh with Inland Terminal Investment

MEDLOG, the global logistics operator and part of the MSC Group of companies, has signed an important concession agreement to operate the Pangaon Inland...

Egypt: Petroleum Ministry, SCA pen deal for LNG fueling station in Port Said

The Ministry of Petroleum and Mineral Resources and the Suez Canal Authority (SCA) signed a memorandum of understanding (MoU) to establish a liquefied natural...