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Wallenius Wilhelmsen completes Armacup acquisition

Wallenius Wilhelmsen has finalized the acquisition of the remaining shares in Armacup, taking its ownership from 65 percent to 100 percent. The deal closed on...

Excelerate Energy announces full exercise and closing of option to purchase shares

Excelerate Energy, announced that the underwriters of its previously announced underwritten registered public offering of 6,956,522 shares of Class A common stock have fully...

Scorpio Tankers announces financial results for the first quarter of 2025 and the declaration of a dividend

Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) today reported its results for the three months ended March 31, 2025. The Company...

d’Amico announces the conclusion of new time charter contracts at highly profitable rates

d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announces that its operating subsidiary, d’Amico Tankers D.A.C., has...

COSCO’s profits surge ahead of U.S. tariff storm

Cosco Shipping Holdings Co.’s profit jumped, along with improved revenue from its transpacific routes, as customers front-loaded shipments ahead of new fees from the...

PPA reports strong growth in profitability and operations in Q1 2025

Piraeus Port Authority (PPA)’s profits showed significant improvement in the first quarter of 2025, compared to the first quarter of 2024, while the company’s...

EuroHoldings initiates review of strategic alternatives to maximize shareholder value

EuroHoldings an owner and operator of ocean-going vessels and provider of seaborne transportation, announced that, following its spin-off from Euroseas Ltd. on March 18th...

Celestyal agrees multi-year partnership with Ras Al Khaimah Tourism Development Authority

Celestyal has signed a three-year agreement with the Ras Al Khaimah Tourism Development Authority. The multi-year partnership, agreed at Arabian Travel Market in Dubai, will...

Shipping volume will plummet 35% next week, LA port official says in CNBC interview

The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a...

Saipem: Awarded a contract by Eni for Carbon Capture and Storage in the UK

Saipem has been awarded a contract by Eni in the UK for the Liverpool Bay CCS project. The value of the contract is estimated...

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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...