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MEYER WERFT to build four new ships joining the Disney Cruise Line fleet

MEYER WERFT and Disney Cruise Line will continue their long and successful part-nership: the German shipyard will build four additional ships that will join...

Subsea7 awarded contract on Gulf of Mexico project

Subsea7 announced the award of a sizeable contract in the US Gulf of Mexico. The scope of work includes engineering, procurement, construction, and offshore installation of...

Golar LNG reports Q2 2024 financial results

Golar LNG Limited announced Q2 2024 financial results. Highlights and subsequent events  Golar LNG Limited (“Golar” or “the Company”) signed an agreement for a 20-year FLNG...

HMM escalates profitability for H1 2024

The revenue increased 18.6% to KRW 4,993 billion in H1 2024 from KRW 4,212 billion in H1 2023. The net profit climbed 88% to KRW...

A record-setting July at port of Los Angeles as cargo soars 37%

The Port of Los Angeles handled a record-breaking 939,600 Twenty-Foot Equivalent Units (TEUs) in July, a 37% increase over the previous year. It was the...

LR and CORE POWER to conduct next-generation nuclear container ship regulatory study

Lloyd’s Register (LR) and CORE POWER have launched a joint regulatory assessment study to conduct research on the regulatory feasibility and frameworks that would...

DOF Group announces awarded contract for Skandi Açu with Petrobras

DOF announced a new long-term contract with Petrobras out of the last pipelay support vessel (PLSV) tender and an extension of the current contract...

BW LPG acquires 12 Very Large Gas Carriers from Avance Gas

BW LPG Limited entered into agreements to acquire 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings for a total consideration of...

Höegh Autoliners posts “solid” quarter

Höegh Autoliners reported another record financial performance in the second quarter of 2024. The gross revenue was USD 341 million/NOK 3,665 million, operating profit...

Port of Long Beach Sees Busiest July on Record

Surging cargo volumes lifted the Port of Long Beach to its most active July on record – and the third-busiest month in its 113-year...

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Scorpio Tankers announces financial results for the first quarter of 2026

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2026. The Company also announced that its board of directors has...

Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...