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bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil

bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in...

SeaLead confirms compliance amid sanctions on chartered vessels

SeaLead has been made aware that multiple vessels, chartered by the company for commercial purposes, have been added to the Office of Foreign Assets...

Panama will not register oil tankers and bulk carriers older than 15 years

The Panamanian Ship Registry has updated its policies to optimize the operational performance of its fleet, minimize the risk of detentions, and prevent the...

Clarksons delivers “good performance” in 1H2025

Clarkson PLC announced unaudited Interim results for the six months ended 30 June 2025. Summary ·      Underlying profit before taxation* of £39.4m (2024: £51.5m) ·      Underlying basic earnings per...

Bahri posts robust 1H financial results

The National Shipping Company of Saudi Arabia (Bahri or the Company, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, today...

Solstad Offshore ASA – Contract award for CSV Normand Commander

Solstad Offshore ASA announced a contract award for the CSV “Normand Commander” with Petrobras. The vessel will be on a bareboat contract from the vessel...

Tidewater Q2 results exceed expectations

Tidewater reported results for the six months ended June 30, 2025. Second Quarter 2025 Highlights Revenue of $341.4 million, a 0.6% improvement compared to the second...

K-Line cuts tariff-cost estimate, raises impact of stronger Yen

Kawasaki Kisen Kaisha Ltd. expects the impact of US auto tariffs to be lower than previously feared, though a stronger yen is seen shaving...

Greek-owned fleet remains a leading maritime force

The Greek-owned fleet remains the leading maritime power with 5,700 ships. It represents 20% of the global fleet and 61% of the European Union...

Danaos posts highly profitable 2nd quarter

Danaos Corporation, one of the world's largest independent owners of container vessels and drybulk vessels, reported unaudited results for the period ended June 30, 2025. For...

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C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. ​President Donald Trump said on Tuesday no talks were taking place with Iran...

Cameroon-flagged cargo ship seized by pirates off Somalia

A general cargo vessel sailing under the flag of Cameroon was boarded and seized...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company...

Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...