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Maersk reports strong results across all business segments

A.P. Moller - Maersk continued its strong business performance in the third quarter. Maersk reported growth across its businesses and financial results significantly above...

Japanese consortium produces design concept for eco-friendly VLCC

Idemitsu Tanker, IINO Kaiun Kaisha, Nippon Yusen Kabushiki Kaisha, and Nihon Shipyard announced that the consortium the companies established on 26 January 2024 for...

Teekay Tankers reports third quarter 2024 results and declares dividend

Teekay Tankers reported the Company's results for the quarter ended September 30, 2024 and announced that its Board of Directors has declared a cash...

Matson announces third quarter 2024 results

Matson, a leading U.S. carrier in the Pacific, today reported net income of $199.1 million, or $5.89 per diluted share, for the quarter ended September 30, 2024.  Net...

Baltic Exchange partners with Moody’s to launch a Know-Your-Customer data platform for the Maritime sector

Baltic Exchange has launched a Know-Your-Customer platform to give the maritime sector greater access to company data to support informed decision making and meet...

Iron ore rangebound as EU tariff hike woes counter China’s fiscal stimulus optimism

Iron ore futures were range-bound on Wednesday, as concerns over steel demand in top consumer China ignited by the European Union’s decision to hike...

Baltic index falls as capesize rates decline

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Wednesday, weighed down by losses in the...

KCC: Strong financials in Q3 amid more challenging markets

Klaveness Combination Carriers reports continued strong operational and financial performance and maintains dividend distributions of USD 0.30 per share in line with last quarter....

Klaveness Combination Carriers moves into wind

A subsidiary of Klaveness Combination Carriers has entered into an agreement with the builder of the CABU III newbuildings, Jiangsu New Yangzi Shipbuilding...

Maersk signs long-term methanol sourcing deal with LONGi

A.P. Moller - Maersk entered into a long-term bio-methanol offtake agreement with LONGi Green Energy Technology Co., Ltd. The agreement will contribute to lowering...

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TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Frontline reports “best quarterly profit ever”

Frontline plc reported unaudited results for the six months ended June 30, 2026: Highlights Reported the best quarterly profit ever of $659.2 million, or $2.96 per...

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...

Two killed in oil tanker fire off South Korea, Yonhap reports

Two crew people were killed on ​Thursday after a fire ‌broke out aboard an...

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...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

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...