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Russian LNG exports up in H1 but set to fall due to maintenance

Russia’s liquefied natural gas (LNG) exports rose 2.7% in the first half of the year to 16.79 million metric tons, the Kommersant newspaper reported...

MSC hits record 20% market share of global containership capacity

MSC now holds a 20% share of the global container shipping market, in terms of capacity offered, a record in the liner industry –...

Iron ore at 4-week high on firm near-term demand, China stimulus hopes

Iron ore futures prices rose for a fourth straight session on Wednesday to their highest level in four weeks, supported by firm near-term demand...

Korea plans $1.4bn investment for smart shipbuilding projects

The Republic of Korea’s industry ministry said Tuesday it plans to pursue investment projects worth 2 trillion won (US$1.44 billion) over the next ten...

Vitol invests in future of LNG bunkering by securing three LNG Bunkering Vessels

Vitol has secured three LNG Bunkering Vessels (“LNGBV”) through its shipping company, Vitol International Shipping Pte Ltd (“VIS”). The vessels were secured via a seven...

Baltic index snaps 5-day winning streak on lower vessels rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, snapped its five-session gaining streak on Wednesday, weighed...

Fincantieri and Viking sign contracts for two cruise ships

Fincantieri and Viking have announced that they have signed contracts for the construction of two cruise vessels, based on the successful features of the...

TEN declares dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

TEN a leading diversified crude, product and LNG tanker operator, announced that its Board of Directors declared the regular quarterly cash dividend of approximately...

Jinhui announces capsize acquisition

The Board of Jinhui Shipping and Transportation Limited announced that a wholly-owned subsidiary of the Company entered into a memorandum of agreement on 2...

US crude, products stockpiles seen down last week

U.S. crude oil and product stockpiles were expected to have fallen last week, a preliminary Reuters poll showed on Monday. Four analysts polled by Reuters...

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Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...