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Iron ore soars to over one-week high on upbeat seasonal demand outlook

Iron ore futures prices surged on Thursday to hit their highest in more than a week, as prospects of improved seasonal demand in China...

Baltic index falls as capesize rates decline

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Thursday, weighed down by losses in the...

Germany approves bailout for Meyer Werft shipbuilder hit by financial woes

The federal government and the state of Lower Saxony are collectively buying up 80% of the firm, as the shipbuilder struggles with a nearly...

​Cruise Lines International Association statement regarding tourism management measures in Greece

The cruise sector is a success story for Greece contributing 1.4 billion euros to the economy in 2022. CLIA has long called for more...

QatarEnergy inaugurates the “Rex Tillerson”

QatarEnergy inaugurated the first conventional-size LNG vessel under its historic shipbuilding program. The “Rex Tillerson” was named after the former Chairman and CEO of...

Transocean announces $232 million ultra-deepwater drillship contract

Transocean announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico. The contract also provides for a 365-day option. The program is expected...

Weathernews and Lauritzen Bulkers sign new 3-year contract for enhanced maritime solutions

Weathernews, a global leader in weather intelligence and maritime solutions, announced a new 3-year TFMS (Total Fleet Management Solutions) contract with Lauritzen Bulkers, a...

Seadrill eyes growth via acquisitions

Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company’s CEO said on...

Marine fuels supplier Peninsula splits off shipping operations

Marine fuels supplier Peninsula has spun off its shipping operation into a separate entity named Hercules Tanker Management (HTM), a Peninsula press release said...

Maersk Tankers to launch new Chemical Pool

On October 1st, Maersk Tankers will launch our new pool - Maersk Tankers Chemicals. “Supported by existing Partners and drawing on our extensive experience and...

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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...