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Shipbuilding shares soar on Europe’s natural gas supply problem

Korean shipbuilding companies saw their stock prices soar Wednesday, on growing expectations that they will receive more liquefied natural gas (LNG) ship orders, as...

Höegh LNG Partners LP: Preliminary Financial Results for the Quarter Ended December 31, 2021

Höegh LNG Partners LP reported its preliminary financial results for the quarter ended December 31, 2021. Highlights 99.9% availability of FSRUs for the fourth quarter...

Seadrill Announces Emergence from Chapter 11

Seadrill announced that it has emerged from Chapter 11 after successfully completing its reorganization pursuant to its Chapter 11 plan of reorganization. The Plan...

Dalian iron ore falls as China intervention fears weigh

Dalian iron ore futures ended lower on Wednesday after a volatile daytime session, as concerns about China’s regulatory environment tempered optimism about demand prospects...

Baltic index extends winning streak to 4th day

The Baltic Exchange’s dry bulk sea freight index rose for a fourth straight session on Wednesday to its highest in more than six weeks,...

TotalEnergies, APA make ‘significant’ oil discovery offshore Suriname

TotalEnergies and its partner APA Corporation have made a ‘significant’ oil and associated gas discovery in Block 58, offshore Suriname. The companies found oil...

Diana Shipping Announces Time Charter Contract For m/v San Francisco with Koch

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

Germany Freezes Nord Stream 2 Gas Project

Germany on Tuesday halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany,...

Vitol CEO Sees Oil Above $100 for a ‘Prolonged Period’

Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine months, with the world setting...

Wärtsilä, Solstad Offshore collaborate on fleet decarbonisation

In its efforts to reduce the carbon footprint of its 90 vessel fleet, Solstad Offshore has turned to the technology company Wärtsilä for collaboration....

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NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

Robin Energy Ltd. reports results for the three months ended March 31, 2026

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announced its results for the three months ended March 31, 2026.Highlights of...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

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...