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Euroseas announces time charter for its older containership and spinoff of its older three vessels into a separate company

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, made the following announcements: Time Charter for its...

Lila Global appoints strategy and innovation leader

Dry cargo shipping and logistics company Lila Global has appointed Dr. Abdul Rahim as its Chief Maritime Strategy and Innovation Officer. Rahim will work closely...

Vantage Drilling announces creation of TotalEnergies and Vantage JV entity

Vantage Drilling International announced the creation of the JV entity with TotalEnergies, TEVA Ship Charter LLC in line with the MOU terms described in...

Crowley acquires Main Line, expanding harbor services with mooring capabilities

Crowley announced that it has expanded its harbor services capabilities through the acquisition of Main Line, a vessel mooring company based in Seattle, effective...

Equinor secures $3 bln financing for U.S. Empire Wind 1

Equinor’s Empire Wind 1 project in the US has now secured a project financing package of over USD 3 billion. Financial close was reached...

Iron ore consolidates as market awaits more cues in the new year

Iron ore future prices were rangebound on Thursday as market participants await more cues on the trading outlook in the new year after mixed...

Baltic index rises on gains in larger vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, supported by gains in...

TEMIS supports Saipem’s Neptun Deep Gas Development Project in the Black Sea

TEMIS has been awarded a contract to support Saipem’s Neptun Deep Gas Development Project, located in the Black Sea off the coast of Romania....

BW LPG completes the acquisition of 12 VLGCs from Avance Gas

With reference to the stock exchange announcement on 15 August 2024 for the acquisition of 12 modern Very Large Gas Carriers from Avance Gas...

Subsea7 awarded contract offshore Türkiye

Subsea7 announced the award of a sizeable1 contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) to provide inspection, repair and maintenance services for...

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KAMCO and Standard Chartered partner to boost foreign currency financing for Korean shipowners

South Korea's state-backed asset manager KAMCO has joined forces with Standard Chartered Singapore to expand smaller domestic shipowners' access to dollar-denominated funding. The initiative...

The Swedish Club reports strong financial performance amid challenging market conditions

The Swedish Club has reported a strong and disciplined financial performance for the first half of 2026, underpinned by improved underwriting profitability, continued premium...

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...

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

Iran said it had restarted talks ​with neighbor Oman to manage the Strait of...

Panama Canal auction hits new record at $5.3 million

A shipper needing to transit the Panama Canal bid a record $5.3 million to...

IMO calls for urgent action as piracy resumes in the Gulf of Aden

IMO Secretary-General Mr. Arsenio Dominguez issued the following statement following reports of the SEAMULL...

Travlos: Greek shipping backs Liberia-Panama proposal for green transition

Greek shipping supports the proposal put forward by Liberia and Panama for the green...

UKMTO says tanker struck by unknown projectile off Saudi Arabia’s Yanbu

A tanker was struck by an unknown projectile 63 nautical miles west of the...

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...

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...