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2025 outlook positive for Wallenius Wilhelmsen

Wallenius Wilhelmsen has updated its outlook, predicting further growth in 2024 and 2025. Specifically, the company said: As communicated during our Q3 results presentation, we are...

Russian tanker splits in storm, spilling oil into Kerch Strait

Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait,...

CMA CGM-led consortium secures terminal concession at France’s Port of Lyon

French utilities provider Compagnie Nationale du Rhône has a awarded a consortium led by shipping company the CMA CGM Group a 30-year concession to...

FSL Trust agrees to sell one product tanker

The Board of Directors of FSL Trust Management, as trustee-manager of First Ship Lease Trust, announces that FSL-1, Inc., a wholly-owned subsidiary of the...

Rongsheng Heavy Industries restarts business

The once bankrupt Chinese shipbuilder Rongsheng Heavy Industries has restarted business under the new name of Jiangsu New Rongsheng Heavy Industry. Rongsheng was previously the...

Trafigura publishes 2024 annual results

Trafigura, a market leader in the global commodities industry, released results for its financial year ending 30 September 2024. Performance Net profit for the period of...

Igneo Infrastructure Partners to acquire the ownership interest in Höegh Evi

Höegh Evi announced that funds managed by Igneo Infrastructure Partners have entered into agreements to acquire a 50% ownership stake in Larus Holding Limited,...

Celestyal launches new ‘guest-focused’ website

Celestyal has unveiled a new-look website in line with this year’s refreshed brand identity, as part of its plans to boost its digital presence. The...

DHT Holdings announces sale of the DHT Scandinavia

DHT Holdings has entered into agreement to sell the DHT Scandinavia, a 2006 built VLCC, for $43.4 million. The Company expects to deliver the vessel...

Castor Maritime announces the acquisition of a majority stake in MPC Münchmeyer Petersen Capital AG

Castor Maritime, a diversified global shipping company, announces that on December 12, 2024, it entered, through a wholly owned subsidiary, into an Share Purchase...

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2020 Bulkers– Results for the second quarter of 20262020 Bulkers 

2020 Bulkers Ltd. announced its unaudited financial and operating results for the three and six months ended June 30, 2026. Key events during the second...

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...

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...