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COSCO Energy orders 6 new tankers

COSCO Shipping Energy Transportation (CSET) has ordered 6 new tanker vessels at a price of CNY 3.496 billion ($378.3 million). The order consists of two...

Mitsui E&S starts testing of large bore low-speed ammonia dual-fuel engine

MITSUI E&S announces that on 10th February 2025, the test operation of the MITSUI-MAN B&W 7S60ME-C10.5-LGIA-HPSCR Large-bore Low-Speed Ammonia dual fuel engine (Maximum continuous...

Seatrium and bp sign MOU for second deepwater floating production unit project

Seatrium Limited announced the signing of a Memorandum of Understanding with BP Exploration & Production in preparation for a second project, the Tiber...

Scorpio Tankers announces financial results for the fourth quarter of 2024 and the declaration of a dividend

Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months and year ended December 31, 2024....

Wallenius Wilhelmsen closes record-year with another solid quarter

The financial result for the full year of 2024 is another record-breaking result for Wallenius Wilhelmsen as it exceeds the 2023 results. Adjusted EBITDA for...

Diana Shipping announces the sale of a Post-Panamax Dry Bulk Vessel, the m/v Alcmene, and the direct continuation of time charter Contract for m/v...

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that it has signed, through a...

Globus Maritime sells 2007-built supramax River Globe

Globus Maritime Limited, a dry bulk shipping company, announced that through a wholly owned subsidiary, it has entered into an agreement to sell to...

Iron ore rebounds on worries over potential supply disruptions

Iron ore futures rebounded on Wednesday, as investors shifted focus back to worries over potential supply disruptions from major producer Australia and prospects of...

Baltic index declines for third day as capesize plunges to 2-year lowBaltic

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell for the third straight session...

Hanwha Ocean to build LNG carrier pair for subsidiary

Hanwha Ocean revealed an order for the two LNG carriers, slated for delivery in the second half of 2027. The shipbuilder valued the contract...

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Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

NORDEN raises full-year guidance

On the back of strong operational performance, NORDEN upgrades the 2026 full-year net profit guidance to USD 180 – 230 million (previously USD 140...

Wallenius Wilhelmsen – Private placement successfully completed

Reference is made to the announcement published earlier today by Wallenius Wilhelmsen ASA  regarding a contemplated private placement of new shares in the Company. The...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...