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ST Engineering unveils smart shipyard

ST Engineering officially opened its new shipyard located at 55 Gul Road in a ceremony officiated by Mr Desmond Tan, Senior Minister of State,...

Lloyd’s Register awards HD Hyundai Mipo AiP for 20,000 cbm LCO₂ carrier

HD Hyundai Mipo has received approval in principle for a 20,000 cbm LCO₂ carrier from Lloyd’s Register, following the successful completion of a joint...

MOL invests in HIF Global, a U.S.-based company of e-Fuels

Mitsui O.S.K. Lines announced that, through its wholly-owned subsidiary MOL Clean Energy, US. LLC, it decided to invest in HIF Global, a company developing...

Hafnia redomiciles from Bermuda to Singapore

Reference is made to the stock exchange announcement made by Hafnia Limited on 12 September 2024 regarding the subsequent court hearing at which the...

Excelerate Energy buys reliquefaction System from Wärtsilä

Excelerate Energy will purchase a reliquefaction system from Wärtsilä Gas Solutions, part of technology group Wärtsilä. The Woodlands, Texas, natural gas company said on Thursday...

Etihad Credit Insurance signs financing deal to support Trafigura’s exports from the UAE

Etihad Credit Insurance, the UAE Federal export credit company, in collaboration with Abu Dhabi Exports Office, First Abu Dhabi Bank, and Natixis Corporate and...

Diana Shipping announces time charter contract for m/v DSI Altair with Propel Shipping

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned...

NYK and Oono Development sign MoU to commercialize ship recycling business

Nippon Yusen Kabushiki Kaisha and Oono Development have agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures...

Iron ore climbs on China stimulus hopes, softer stockpiles

Prices of iron ore futures gained ground on Thursday, as prospects of fresh Chinese monetary stimulus and lower inventories overshadowed concerns of the top...

Baltic index rises as rates climb across vessel segments

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as rates across vessel...

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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...