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PSA unboXed collaborates with Amperesand

PSA unboXed, the external innovation and corporate venture capital arm of PSA International (PSA), and Amperesand, a grid infrastructure solutions provider, announced a collaborative...

Iron ore gains on firm near-term demand, more China rate cuts

Iron ore futures rose on Monday as near-term demand remained firm and the latest rate cut in top consumer China lifted sentiment, but gains...

Baltic index slips on weaker rates across bigger vessels

The Baltic Exchange’s main sea freight index dipped on Monday to its lowest level in over eight months, dragged down by less demand across...

ORIX conducts a feasibility study of energy-saving ship operations utilizing wind power

ORIX Corporation and Sumitomo Heavy Industries Marine&Engineering announced that the two companies have begun a feasibility study of utilizing wind power for energy-saving operations...

Diana signs US$80.2 mln A&R loan facility agreement with Danish Ship Finance

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced the successful signing of a US$80.2...

Nakilat reports QAR 1.28bln net profit for the third quarter of 2024, an increase of 7.2%

Qatar Gas Transport Company Q.P.S.C., a global leader in the shipping and maritime sector, announces its financial results for the third quarter of 2024...

Ocean Wilsons to sell its majority stake in Wilson Sons in $765 deal

Ocean Wilsons announced that its wholly-owned subsidiary, OW Overseas has agreed to sell its 56.47% interest in Wilson Sons S.A. to SAS Shipping Agencies...

New orders show Shanghai shipbuilder’s growing strength

Receiving the new order to build six large container ships has demonstrated the research and development capability of Hudong-Zhonghua Shipbuilding and will further consolidate...

Hafnia welcomes two new Vietnamese Pool Partners

Hafnia announced the addition of two new Vietnamese Pool Partners in its Medium-Range Tanker Pool. “Our two new partners, PVTrans Oilfield Services (PVT.OFS) and Pacific...

China Gas and Vitol enter into a long-term swap arrangement

China Gas Hongda Energy Trading and Vitol have entered into a long-term swap arrangement.  As part of the agreement Vitol will purchase half a...

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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...