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Dorian LPG announces third quarter fiscal year 2025 financial results

Dorian LPG, a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ended December 31,...
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Russia’s Yamal LNG acquires new tanker

Russia’s liquefied natural gas plant Yamal LNG, led by Novatek, has acquired a new gas carrier for ship-to-ship operations near the Arctic port of...
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MOL takes delivery of eco-friendly multi-purpose vessel

Mitsui O.S.K. Lines has taken delivery of the Prima Verde, a multi-purpose vessel that possesses several eco-friendly technologies.  Delivered on January 30, 2025, the vessel...
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Nakilat reports QR1.64bn net profit in 2024; suggests 14% total dividend

Qatar Gas Transport Company announced its financial results for the year ended 31 December 2024. The group continues to demonstrate robust financial performance, with...
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Bahri and Petredec build strategic alliance to meet Saudi Arabia’s growing LPG and ammonia shipping needs

Bahri and Petredec have agreed to form a strategic partnership aimed at addressing Saudi Arabia’s increasing LPG and ammonia shipping demands. The two companies,...
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Golar LNG announces sale of shareholding in Avenir

Golar LNG Limited has entered into a share purchase agreement for the sale of all its shares in Avenir LNG Limited  to Stolt-Nielsen Gas...
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TMS Group in leasing deal for LNG carrier

SBI Leasing Services announced that it had partnered with BNP Paribas to arrange a leasing agreement with TMS Group. The deal involves the newly...
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Dorian LPG declares irregular cash dividend of $0.70 per share

Dorian LPG updated its financial and operational outlook for the quarter ended December 31, 2024 and announced that its Board of Directors has...
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Celsius Tankers places LNG order at Samsung Heavy Industries

Celsius Tankers has ordered an LNG carrier newbuilding priced at KRW 379.6bn ($261.5m) at Samsung Heavy Industries. The company is set to take delivery of...
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First-ever ammonia and propane co-loaded vessel completes voyage from US to Europe

Trafigura, a market leader in the global commodities industry, in collaboration with CF Industries, the world’s largest producer of ammonia, announced the completion...
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Evergreen Marine reports record revenue in 2024

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from...

United Maritime achieves “significant progress” in 2024

United Maritime Corporation, announced its financial results for the fourth quarter and twelve months ended December 31, 2024. The Company also declared a quarterly...

Pyxis takes “optimistic view, with challenges ahead”

Pyxis Tankers, an international shipping company, today announced unaudited results for the three months and year ended December 31, 2024. For the three months ended...

DP WORLD reports record revenue of $20.0 billion and EBITDA of $5.5 billion

DP World Limited has announced financial results for the year ended 31 December 2024. On a reported basis, revenue grew by 9.7% to $20.0...

Gulf Navigation gets green light to buyout Brooge Energy assets

The Dubai shipping firm Gulf Navigation has ticked off one major milestone in its ongoing turnaround by getting shareholder approval to take over the...

IMO to develop global strategy for maritime digitalization

The International Maritime Organization (IMO) is taking action to create a comprehensive strategy that...

MOL charters two more VLEC newbuilds to SCG

Mitsui O.S.K. Lines announced that on March 17, its group Company MOL Energia Pte....

Baltic Index down on lower capesize rates

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

Celestyal marks 10-year anniversary with exclusive two-for-one offer

· Celestyal marked 10-year anniversary on March 13, 2025 · Two-for-one offer available on 88...

ICS and CMI launch updated campaign Promoting Maritime Treaty Ratification

The International Chamber of Shipping and the Comité Maritime International launch an updated campaign...

Greek ports record 5.6% passenger traffic increase in Q3

The total passenger traffic in Greek ports increased by 5.6% in the third quarter of 2024 compared to the third quarter of 2023, while...

DP World and Maersk sign long-term agreement to expand maritime services in Brazil

DP World, a global leader in logistics and supply chain solutions, has signed a long-term strategic agreement with Maersk, one of the world’s leading...

China ramps up criticism of BlackRock Ports deal

Chinese authorities increased pressure on CK Hutchison Holdings over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking...

Trade rises at Port of Long Beach in February

Trade moving through the Port of Long Beach rose for a ninth consecutive month in February as retailers continued to move goods ahead of...

Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre

Hanseatic Global Terminals successfully completed the acquisition of 60% of the shares in CNMP LH from Seafrigo Group. CNMP LH operates the Atlantique container...

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