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Borr Drilling announces voluntary delisting from Oslo Stock Exchange

Borr Drilling announced that Euronext Oslo Stock Exchange has approved the Company's application for delisting, following an affirmative shareholder vote at the Company's Special...

Shelf Drilling announces two contract extensions in Thailand

Shelf Drilling announced that it has secured contract extensions for the Shelf Drilling Chaophraya and Shelf Drilling Krathong jack-up rigs with Chevron Thailand Exploration...

Yemen’s Houthis will keep blockade on Israeli vessels after asset sale reports

Yemen’s Houthis said on Sunday they would maintain their maritime blockade against Israeli vessels in response to “intelligence information” regarding Israeli shipping companies selling their...

Maersk opens its first own-licensed bonded warehouse in north Vietnam

A.P. Moller – Maersk opened its first bonded warehouse in Vietnam at SLP Park, Nam Dinh Vu IP, Hai Phong province. Operated by Maersk...

Shipbuilding giant’s revenue hit by US navy uncertainty

The largest U.S. military shipbuilder Huntington Ingalls on Thursday cut its 2024 shipbuilding revenue due to uncertainty in navy agreements, supply chain issues and...

Dynacom Tankers linked to sale of 2006-built trio, order for 4 newbuilds

Dynacom Tankers is reported to have sold three ice-class-1A tanker vessels at a price approximating USD 72 million. Specifically, brokers report the company has sold...

Costamare posts strong Q3 results, continues fleet investment

Costamare reported unaudited financial results for the third quarter and nine-months ended September 30, 2024. I. PROFITABILITY AND LIQUIDITY Q3 2024 Net Income available to common...

Cosco Shipping Holdings sees quarterly profits soar

COSCO SHIPPING Holdings announced the third quarter results for 2024.  In the first three quarters of 2024, the volume of cargo in major markets grew...

Leadership change at ESVAGT

From 1 November Kristian Jakobsen and Søren Karas will jointly take over the CEO role at ESVAGT replacing Peter Lytzen who will retire. Kristian Jakobsen...

Avance Gas Holding successfully completed the first VLGC delivery to BW LPG

Avance Gas Holding refers to the announcement on August 15, 2024, to sell its VLGC fleet to BW LPG Ltd for $1,050 million. The...

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EXMAR announces half year 2026 results

 EXMAR Shipping delivered a resilient first-half performance despite geopolitical uncertainty, evolving regulations and changing trade flows. The segment reported stable revenue year-on-year in challenging...

CMB.TECH announces q2 2026 results

CMB.TECH NV reported its unaudited financial results today for the second quarter ended 30 June 2026.

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...

Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff...

TORM announces Q2 2026 results, dividend distribution, and financial outlook 2026

In the second quarter of 2026, TORM (Nasdaq: TRMD or TRMD A) generated time...

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...

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...