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DOF Group ASA – Two long term contracts awarded with Petrobras in Brazil

DOF Group ASA announced two new contracts in Brazil. Skandi Logger, an AHTS with 250t bollard pull built in 2009, has been contracted for a...

HD Hyundai Secures $1 Billion LNG Carrier Order from Greek Tycoon’s Capital Group

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai Group’s shipbuilding business, announced that it had signed a contract with...

Maersk resumes Haifa port calls

Shipping company Maersk said on Friday it had decided to resume vessel calls at Israel’s Haifa port. “With the prospect of current cease-fire agreement bringing...

TOP Ships announces approval of listing on the Nasdaq capital market for spin-off of Rubico

TOP Ships, an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that the application of Rubico, to list its common shares...

Caravel Group increases stake in Pacific Basin

The Caravel Group confirms that in recent weeks, we have made a series of on-market purchases of shares in Pacific Basin Shipping Limited, and...

Mawani signs privatization contracts for multipurpose cargo terminals at Eight Saudi Ports with over SAR 2.2 billion in private sector investments

Under the patronage of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority (Mawani),...

Gulf shipping costs drop as Israel-Iran ceasefire holds

Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could...

ABS expands network of cutting-edge learning hubs with new hellenic ship safety center

ABS opened the doors on its latest training center, the Hellenic Ship Safety Center in Athens, harnessing the power of new immersive training techniques,...

Sovcomflot to operate first Russian-built ice-class LNG carrier

The first Russian-built ice-class tanker for liquefied natural gas (LNG) is expected to operate in 2H2025 at the Arctic LNG 2 plant. The tanker, named...

Hengli Heavy Industries debuts first VLCC “ALIAKMON Ⅰ”, marking breakthrough in ultra-large shipbuilding

On June 24, Hengli Heavy Industries held a naming ceremony for its first 306,000 dwt very large crude carrier (VLCC). The new vessel was...

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Odfjell SE 2Q26: A strong financial result

Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....

Navios Maritime Partners L.P. reports financial results for the second quarter and six months ended June 30, 2026

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...

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...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

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...

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...