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Peninsula and ITOCHU establish joint venture to advance ammonia bunkering in Europe

Peninsula, the leading hybrid global marine energy supplier, announces the establishment of I&P Marine Ammonia Ltd. (IPMA), a joint venture with ITOCHU Corporation, to...

Angelicoussis Group deploys Starlink across more than 140 vessels

Angelicoussis Group has equipped more than 140 vessels with Starlink’s low-Earth orbit satellite network, enhancing connectivity across its fleet. The group, controlled by Maria Angelicoussis,...

US launches new strikes on Iran after reinstating oil sanctions over shipping attacks

The U.S. military unleashed a new wave of strikes against Iran on Tuesday and revoked a license allowing the country to sell oil after...

Evergreen Marine director released amid investigation

Chang Kuo-hua, a director on the board of Taiwanese shipping giant Evergreen Marine Corp, was yesterday released on NT$120 million (US$3.73 million) bail after...

Saipem: contract awarded for the Kutei FPSO project in Indonesia

Saipem, through its subsidiary PT Saipem Indonesia, in joint venture with PT Tripatra Engineers and Constructors, has been awarded a contract for the Engineering,...

DOF Group ASA – Contract award in the APAC region

DOF Group ASA announced a Large* contract award for Subsea Construction and Pre-Commissioning Support services in the APAC region. Skandi Inventor will be deployed for...

DRIFT Energy and Commenda Capital Partners establish exclusive capital and project framework for 50-vessel programme

DRIFT Energy has entered into an exclusive strategic framework with Commenda Capital Partners to support the commercial deployment of at least 50 DRIFT vessels. The...

Heidmar Maritime Holdings expands ship management platform

Heidmar Maritime Holdings Corp. announces that it has completed the acquisition of Q-Shipping B.V., a ship management and crewing business, adding nine vessels to...

Equinor awards contracts for four development projects on the Norwegian continental shelf

On behalf of partners, Equinor has awarded contracts worth around NOK 6 billion for four subsea projects. They are part of the first of...

Equinor acquires bp’s interest in Bay du Nord project

Equinor has reached an agreement with bp to acquire its interest in the Bay du Nord project offshore Canada, increasing Equinor’s ownership to 100%. The...

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Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Strait of Hormuz commodity vessel transits stay in single digits, data shows

The number of vessels sailing through the ​Strait of Hormuz was little changed on...

Iranian media say Saudi oil tanker stopped in Strait of Hormuz, no Saudi confirmation

A Saudi oil tanker was ​stopped while ​transiting through the southern ⁠corridor of the...

DP World launches express ocean freight services ahead of peak shipping season

DP World has launched two new Express Less-than-Container Load (LCL) ocean freight services to...

Vessels crossing Strait of Hormuz drop to 5 per day

The number of visible commodity vessels transiting the Strait of Hormuz dropped to five...

Panama Canal introduces temporary booking system adjustments to increase flexibility and equitable slot access

The Panama Canal announced temporary modifications to its Transit Reservation (Booking) System for Neopanamax...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

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...