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Gas

Flex LNG secures time charter extension for Flex Courageous and Flex Resolute

Flex LNG announced agreement with the Charterer of Flex Courageous and Flex Resolute, a Supermajor, to amend the existing Time Charter Agreements for the...

Avance Gas Holding successfully completed the first VLGC delivery to BW LPG

Avance Gas Holding refers to the announcement on August 15, 2024, to sell its VLGC fleet to BW LPG Ltd for $1,050 million. The...

Dorian announces Q2 FY2025 financial results

Dorian, a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ended September 30, 2024. Key...

Shipbroker SSY enters LPG and ammonia markets

SSY, the world’s largest independent shipbroker, announced that it is to enter the LPG and Ammonia markets in order to help its global client...

Dorian LPG declares irregular cash dividend of $1.00 per share

Dorian LPG updated its financial and operational outlook for the quarter ended September 30, 2024, announced that its Board of Directors has declared an...

GIC to acquire BlackRock’s Shareholding in GasLog

GasLog, a leading global provider of LNG shipping services, announced that GIC, a global institutional investor, and a fund managed by Global Infrastructure Partners,...

Nakilat reports QAR 1.28bln net profit for the third quarter of 2024, an increase of 7.2%

Qatar Gas Transport Company Q.P.S.C., a global leader in the shipping and maritime sector, announces its financial results for the third quarter of 2024...

China Gas and Vitol enter into a long-term swap arrangement

China Gas Hongda Energy Trading and Vitol have entered into a long-term swap arrangement.  As part of the agreement Vitol will purchase half a...

CCEC files USD 500 mln shelf registration

Capital Clean Energy Carriers (CCEC) has filed a shelf registration for potential ship purchases or debt refinancing. The shipping company could sell USD 500...

Egypt and Greece strengthen energy ties with new natural gas partnership

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of partnership agreement between the Egyptian Natural Gas Holding Company (EGAS) and Copelouzos...

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Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

Costamare orders 16 containerships in China; posts USD 75 mln net income in Q1

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

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...