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Gas

Seaspan and AES sign MoU to collaborate on LNG Bunkering Business Development

In the framework of the 3rd International LNG Global Forum, held in Cartagena, Colombia, Seaspan has signed a Memorandum of Understanding (MoU) with global...

Trafigura secures $400 million loan facility backed by United States

Commodity trader Trafigura has secured two revolving credit facilities totalling $400 million, supported by insurance from the Export-Import Bank of the United States. The funds...

HD Hyundai Lands 5-trillion-won Order for 17 LNG Carriers from Qatar

HD Hyundai Heavy Industries (HHI) is expected to be the first company to win a second batch of liquefied natural gas (LNG) carrier orders...

Saudi Aramco to buy stake in EIG’s MidOcean Energy to tap into LNG

Saudi Arabia's oil group Aramco (2222.SE) said on Thursday it had agreed to acquire a strategic minority stake in liquefied natural gas company MidOcean...

QatarEnergy, HHI sign $3.9 bln deal for 17 LNG carriers

QatarEnergy said on Wednesday it had signed a 14.2 billion riyal ($3.90 billion) deal with HD Hyundai Heavy Industries 329180.KS for the South Korean...

Strike Called Off at Chevron’s Australian LNG Facilities

Australia’s Offshore Alliance union has called off strikes at Chevron’s two major local liquefied natural gas (LNG) local projects that threatened to disrupt around...

Houston-Japan VLGC freight rates reach multi-year high

VLGC freight rates from Houston to Chiba, Japan, reached $245/mt Sept. 21 for the first time since 2015, according to LPG shipping sources. VLGC rates...

MISC sells two LNG carriers to Nissen Kaiun in sale and leaseback deal

MISC Berhad (MISC) has entered into a new partnership agreement with Japanese ship owner, Nissen Kaiun Co., Ltd. (Nissen Kaiun) for the sale and...

Chinese yards set to scale up LNG newbuild construction at record pace

Chinese shipyards have accumulated their largest number of LNG newbuild orders till date, positioning them in coming years as an alternative to South Korean...

Dynagas sees profits rise in second quarter

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