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Singapore Shipping Association names Teo Teng Seng as new president

The Singapore Shipping Association’s 29th Annual General Meeting was held at PARKROYAL Collection Beach Road in Singapore.

London P&I Club reports another strong financial year as sustained positive performance brings greater levels of stability

The London P&I Club announced its financial results for 2024/25, reporting an operating surplus of US$21.3m, while also strengthening its free reserves to US$171.2m....

SBM Offshore signs an operations and maintenance contract for FPSO GranMorgu with TotalEnergies

SBM Offshore announces that it has signed an operations and maintenance contract with TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies, for the FPSO...

Samsung Heavy says $3.54 billion icebreaker orders from Russia’s Zvezda cancelled

South Korean shipbuilder Samsung Heavy Industries (010140.KS), opens new tab said on Wednesday that two orders from Russia's Zvezda worth a total of 4.85...

Dalian iron ore gains after five days on firming China steel production

Iron ore futures prices snapped a five-day losing streak on Thursday amid heightened steel production in top consumer China, though gains were partially offset...

Baltic Index drops to one-week low as larger vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, fell for the third consecutive session to a...

Dynacom linked to tanker order in China

Dynacom Tankers Management has reportedly placed an order for six firm 155,000-dwt Suezmax tankers at New Times Shipbuilding (NTS). According to market sources, the new...

SeaBird Exploration changes company’s name following successful merger

SeaBird Exploration changes its name to SED Energy Holdings and ticker code to “ENH” effective from June 20, 2025, following the successful merger between...

Solstad Maritime ASA announces two contracts awards

Solstad Maritime ASA announced the finalization of two contract awards. With reference to the stock exchange notice from Solstad Offshore ASA (SOFF) dated April 30,...

Nuclear Concept from HHI and HD KSOE Receives ABS Approval

ABS issued approval in principle to HD Hyundai Heavy Industries and HD Korea Shipbuilding & Offshore Engineering for a concept of a floating small...

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Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces its results for the three months...

SFL – Third quarter 2026 results

SFL Corporation Ltd. announced preliminary financial results for the quarter ended September 30, 2026. Highlights 91st consecutive quarterly dividend declared, $0.22 per share Total operating revenues of...

Wallenius Wilhelmsen delivers solid results in Q3

Wallenius Wilhelmsen reported an adjusted EBITDA of USD 428m in the third quarter. “We delivered a strong third quarter, with solid demand and performance...

TORM plc Q3 2026 results, dividend distribution, and financial outlook 2026

“Favorable market conditions, healthy transportation demand, and strong execution contributed to a strong third quarter,” said Jacob Meldgaard, CEO of TORM, adding, “We remain...

Matson announces third quarter 2026 results and raises full year outlook

Matson, Inc., a leading U.S. carrier in the Pacific, reported net income of $209.4 million, or $6.96 per diluted share, for the quarter ended September 30, 2026. ...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...