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VARD secures contract with Navigare Capital Partners for new CSOV

VARD signed new contract with Navigare Capital Partners, in close collaboration with Norwind Offshore, for the design and construction of a tailor-made Commissioning Service...

Eni to expand activities in LNG bunkering market through an agreement with Avenir LNG

Eni has signed a charter agreement for the LNG bunker vessel Avenir Aspiration with Avenir LNG Limited. The bunker vessel will supply LNG for...

Japan’s MOL set to boost LNG carrier fleet to around 150 by 2030: CEO

Mitsui O.S.K. Lines, or MOL, the world’s largest operator of LNG carriers, expects to expand investment in its LNG businesses and boost its super-chilled...

Iron ore rides a roller coaster as China stimulus-driven frenzy fades

Prices of iron ore futures rode a roller coaster on Tuesday, as some investors unwound long positions to lock in profits, with some analysts...

Baltic index falls over one-month low on weak capesize rates

The Baltic Exchange’s main sea freight index .BADI declined to a more than one-month low on Tuesday, pressured by falling capesize vessel rates. The overall...

Middle East tensions: Oil prices at risk of further increases

The oil markets may continue to rally due to fears of major production disruptions in the Middle East if the conflicts evolve into a...

Pangaea completes the acquisition of Nordic Bulk Partners

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, today announced a definitive agreement to purchase the remaining 50% equity ownership of...

Equinor acquires a 9.8% minority stake in Ørsted

Equinor ASA has acquired 41,197,344 shares in Ørsted A/S (“Ørsted”), corresponding to 9.8% of the shares and votes in the company. The transaction establishes Equinor...

D’Amico exercises MR tanker purchase option

d’Amico International Shipping, an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C., exercised its...

Euroseas announces 1-year charter contract for its feeder containership, M/V Jonathan P

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced a time charter contract for its...

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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...