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Monday, May 19, 2025

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Gas

Sale of LNGC Golar Arctic marks Golar’s exit from LNG shipping segment

Golar LNG Limited announced that it has executed agreements to sell the 2003 built steam turbine LNG carrier, Golar Arctic. The sale price for...

Mitsui E&S starts testing of large bore low-speed ammonia dual-fuel engine

MITSUI E&S announces that on 10th February 2025, the test operation of the MITSUI-MAN B&W 7S60ME-C10.5-LGIA-HPSCR Large-bore Low-Speed Ammonia dual fuel engine (Maximum continuous...

Yara Clean Ammonia and NYK conclude world’s first time-charter agreement for ammonia-fueled medium gas carrier

Yara Clean Ammonia, the world’s largest ammonia distributor, signed a time-charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-fueled medium gas carrier...

H-Line Shipping orders newbuild LNG bunkering vessel

HJ Heavy Industries has received an order for an 18,000m3 LNG bunkering ship from H Line Shipping for KRW127.1 billion ($87.6 million). "As the second-term Trump...

Capital Clean Energy Carriers posts increased earnings

Capital Clean Energy Carriers, an international owner of ocean-going vessels, released its financial results for the fourth quarter ended December 31, 2024. Key Quarterly Highlights Announced...

Seaspan Energy concludes first Ship-to-Ship LNG bunkering in Canada

Seaspan Energy has successfully completed its first ship-to-ship LNG bunkering operation in Canada, marking a significant milestone for the company and the country’s maritime...

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,...

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...

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...

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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New Fortress Energy posts quarterly loss as all segments show weak performance

New Fortress Energy posted a loss in the first quarter on Wednesday, as the U.S. LNG firm struggled with weak performance across its segments,...

CMA CGM: A solid Group continuing its transformation in an unstable market environment

The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met under the chairmanship of...

C3is reports financial and operating results for the first quarter of 2025

C3is, a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the first quarter...

Castor Maritime Reports Fourth Quarter and Full Year Results for 2024

Castor Maritime, a diversified global shipping and energy company, today announced its results for the three months and year ended December 31, 2024. Highlights of...

HHLA starts new financial year with strong revenue and earnings

Despite the continually weak German economy, geopolitical tensions – notably the war in Ukraine and the escalating situation in the Middle East – as...

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. has entered into a new collaboration with Nutrigem Maritime Wellbeing...

Denmark first to launch data-driven remote pilotage

With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating...

Baltic Index Hits Over 1-Week Peak On Higher Capesize Vessel Rates

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

Paul Pathy of Fednav elected BIMCO President

BIMCO has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping...

EU agrees new sanctions on Russia and threatens more if Putin refuses ceasefire

The European Union has agreed to impose a new round of sanctions against Russia,...

NYK to build and operate next-generation finished-vehicle logistics terminal at Port of Barcelona

On May 7, NYK was awarded a 27-year concession from Port de Barcelona for a finished-vehicle logistics terminal at the port. The new facility, scheduled...

Port of Long Beach Busiest in U.S. through First Quarter

Coming off its best first quarter on record, the Port of Long Beach is the nation’s busiest port through the first three months of...

PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

AD Ports Group moves to expand presence in Kazakhstan with plans to develop a multipurpose terminal, expand fleet in the Caspian Sea region and...

AD Ports Group, an enabler of integrated trade, transport and logistics solutions, today announced the signing and exchange of a number of diverse agreements...

MSC maintains its investment focus on Greek cruising and ports

The Mediterranean Shipping Company Group insists on Greek destinations in the cruise sector, despite the fact that it openly expresses its objections to the...