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Awilco LNG reports strong quarterly & half year profit

The Awilco LNG Group (Awilco LNG ASA together with its subsidiaries) reported unaudited results for the three months ended June 30, 2024. HIGHLIGHTS •Awilco LNG achieved...

Höegh LNG earnings down in Q2

Höegh LNG reported its interim financial results for the quarter and first half ended 30 June 2024. The group reported an EBITDA of USD...

Novatek Set To Dock Second LNG Unit At Sanctioned Arctic Plant

Russian gas producer Novatek PJSC seems to be pushing ahead with an expansion project at its Arctic LNG 2 plant despite Western energy sanctions. A...

Golar LNG reports Q2 2024 financial results

Golar LNG Limited announced Q2 2024 financial results. Highlights and subsequent events  Golar LNG Limited (“Golar” or “the Company”) signed an agreement for a 20-year FLNG...

BW LPG acquires 12 Very Large Gas Carriers from Avance Gas

BW LPG Limited entered into agreements to acquire 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings for a total consideration of...

Flex LNG posts Q2 financial results

Flex LNG announced its unaudited financial results for the six months ended June 30, 2024. Highlights: * Vessel operating revenues of $84.7 million for the second...

VTTI completes acquisition of 50% of Dragon LNG

VTTI, an industry leader in energy infrastructure, has completed the acquisition of 50% of Dragon LNG Group Limited. The other 50% of the terminal...

TotalEnergies Marine Fuels supplies its first B100 biofuel bunker in Singapore

TotalEnergies Marine Fuels supplied its first B100 biofuel bunker on 5 August in Singapore, marking a significant expansion in its low-carbon fuels offer as...

Navigator Gas and Attis Clean Energy invest in U.S. Gulf Coast clean ammonia project

Navigator Holdings, the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announced a co-investment alongside lead investor Attis Clean...

Nakilat achieves QAR 829 million net profit for the first half of 2024

Qatar Gas Transportation Company Q.P.S.C. (Nakilat) and its Group subsidiaries announced their financial results for the first half of the year ended 30 June...

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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...