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Wärtsilä partners with Qatar Shipyard Technology Solutions on optimal service support

Technology group Wärtsilä and Qatar Shipyard Technology Solutions signed a Memorandum of Understanding on 30 September 2024. The MoU paves the way to formalise...

Container throughput is the strongest climber in the port of Rotterdam in the third quarter of 2024

The throughput in the port of Rotterdam decreased by 0.4% in the first three quarters of this year. The total throughput therefore equalled 328.6...

Cargotec: Seventh quarter in a row with good and stable results

Cargotec's interim report January–September 2024: Seventh quarter in a row with good and stable results Orders received increased in Hiab and MacGregor Strong profitability and cash...

DOF Group announces awarded contract for Skandi Feistein

DOF Group ASA announced a Substantial Contract with an international oil company for the PSV Skandi Feistein. The vessel will continue with the current...

Iron ore falls on weaker global steel outlook, China growth forecasts

Iron ore futures extended losses to a second session onWednesday, as a weaker global steel market outlook and softer forecasts for China’s economic recovery...

Baltic index falls as rates decline across larger vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Wednesday, pressured by losses across...

MOL signs long-term time charter contract for Singapore’s 1st FSRU

Mitsui O.S.K. Lines, announced an agreement with Singapore LNG Corporation, Singapore's state-owned LNG terminal operator, on a long-term time charter contract for one newbuilding...

IINO orders Japan’s first dual-fuel methanol VLCC

IINO Kaiun Kaisha decided to build Japan's first large methanol dual-fuel crude oil tanker at Nihon Shipyard, based on the design concept formulated by...

Torvald Klaveness sells Klaveness Ship Management AS to OSM Thome  

Torvald Klaveness has announced the sale of 100% of Klaveness Ship Management AS’ shares to OSM Thome, a global leader in ship management. Subsidiaries of...

Navios Partners takes delivery of latest boxship

Navios Maritime Partners has taken delivery of the newly built containership Zim Seagull. The 5,300 TEU boxship is the latest in a series of...

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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...