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Scorpio Tankers takes 4.9% stake in DHT Holdings

Scorpio Tankers announced a strategic investment in DHT Holdings, having acquired a 4.9% stake in the company. More specifically, Scorpio purchased 7,982,480 DHT common shares...

CMA CGM and Marsa Maroc join forces to equip and operate container terminal in Morocco

The CMA CGM Group, a global leader in sea, land, air, and logistics solutions, signed with Marsa Maroc, a national leader in port terminal...

Wartsila sees increased Q3 earnings as orders grow

Wärtsilä issued its Interim Report for January-September 2024. The report indicates improved net sales, profitability and cash flow. Highlights from July–September 2024 Order intake remained stable...

Seanergy Maritime issues statement on Court’s dismissal of Economou’s litigation

Seanergy Maritime Holdings issued the following statement regarding the decision by the High Court of the Republic of the Marshall Islands dismissing the litigation...

Maersk and Danone partner to reduce GHG emissions

Maersk is partnering with Danone, one of the world's leading food and beverages companies, to reduce its logistics greenhouse gas (GHG) emissions by using...

Intermodal Weekly Market Report [W43]

The dry bulk sale and purchase activity continue to demonstrate remarkable strength this year so far, achieving the second-largest volume of transactions in the...

Scorpio Tankers announces Q3 net income of $158.7 million

Scorpio Tankers reported its results for the three and nine months ended September 30, 2024. The Company also announced that its board of directors...

Iron ore retreats on China stimulus uncertainty, firmer supply prospects

Iron ore futures retreated on Tuesday, snapping a two-day winning streak, as uncertainty surrounding top consumer China’s plans for fiscal stimulus weighed on the...

Baltic index snaps 10-day losing streak as larger vessel rates gain

The Baltic Exchange’s dry bulk sea freight index snapped a ten-day losing streak on Tuesday as rates increased across larger vessel segments. The index, which...

UK Chamber of Shipping looks to attract new talent in shipping

The Merchant Navy Training Board (MNTB) has launched a year-long Careers at Sea National Awareness Campaign to raise awareness of the shipping industry and...

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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...