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Scorpio Tankers announces agreements to sell Two LR2 product tankers and to purchase two LR2 newbuilding product tankers

Scorpio Tankers announced that it has entered into agreements to sell two, 2016 built LR2 product tankers and to purchase two scrubber-fitted LR2 newbuilding...

China ups demand to controlling stake in Panama ports deal, WSJ reports

China has upped its demands and is now pushing for state-owned ship operator Cosco to get a controlling stake in a $22.8 billion ports...

Intermodal Weekly Market Report [W50]

As 2025 draws to a close, the transitional period for the EU's Carbon Border Adjustment Mechanism (CBAM) is coming to an end. From January...

Iron ore edges higher on anticipation of holiday restocking

Iron ore futures prices rebounded on Tuesday after touching a five-month low in the prior session, helped by the anticipation of a wave of...

Baltic Index edges up on stronger rates across larger vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, edged up on Tuesday, supported by stronger...

Hapag-Lloyd orders eight new dual-fuel methanol container ships

Hapag-Lloyd has signed a contract with the Chinese shipyard CIMC Raffles for the construction of eight new container ships. The ordered units will each...

SSY’s expansion strategy accelerates with acquisition of leading Scandinavian brokerage – Grieg Shipbrokers

SSY, the world’s largest independent shipbroker announced that it has agreed terms to acquire a leading Scandinavian brokerage, Grieg Shipbrokers, which will become part...

Global shipping finance transparency initiative reveals closer alignment with climate goals

Ship financiers’ lending portfolios are getting closer to reaching climate alignment with the International Maritime Organization’s (IMO) ambitious decarbonisation trajectories, with average scores against...

Odfjell has launched the first operational green corridor between Brazil and Europe

Based on certified sustainable biofuel, this initiative sets a new benchmark for deep-sea decarbonization, demonstrating that low-carbon solutions are available today. “Our chemical tankers are...

Shell prepares to launch new drilling campaign offshore Namibia

Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy...

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Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Hormuz vessel crossings extend slide on fresh US-Iran attacks

Vessel crossings via the Strait of Hormuz dropped further at the start of the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...