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Capital Maritime orders 11 VLCCs at Hengli

Capital Maritime and Trading has ordered 11 VLCC newbuildings at Hengli Heavy Industry at a price approaching USD 1.4 billion. The vessels are reportedly contracted...

MISC secures ExxonMobil charter for Papua New Guinea’s first offshore floating facility

MISC Bhd has clinched a landmark chartering contract from ExxonMobil PNG Ltd to supply a floating storage and offloading (FSO) unit in Papua New...

PPA hosts meeting for the TREASURE project

The Piraeus Port Authority (PPA S.A.), chaired by Han Chao, hosted a few days ago the 5th meeting of the European TREASURE project, which...

Greek shipowners: Strong role in transporting LNG from the US to Europe

Greek shipowners and entrepreneurs are leading the way in developing maritime corridors that will transport energy products from the US to Europe. The founder and...

India seizes three tankers in first action against dark fleet

The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on...

Wärtsilä and Abu Dhabi Maritime Academy explore collaboration to meet marine decarbonisation and sustainability goals

Technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a Memorandum of Understanding (MoU) to address the challenges and provide solutions for...

Nordic American Tankers sells oldest vessel in fleet

In a letter to shareholders, Nordic American Tankers revealed a sales agreement for a 2003-built suezmax tanker. “The sales price of the ship is $25...

Dynacom orders 9 tankers at Hengli

Dynacom Tankers Management is expanding its tanker shipbuilding program with a new order for nine 158,000-dwt crude oil tankers at Hengli Shipbuilding. Guangdong Songfa Ceramics...

Intermodal Weekly Market Report [W6]

 Libya’s oil sector is gaining renewed momentum in 2026, following a series of strategic developments that took place recently at the Libya Energy &...

Transocean to acquire Valaris

Transocean and Valaris announced on Monday that they have entered a definitive agreement to combine the two offshore drilling companies, with Transocean acquiring Valaris...

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BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Hormuz vessel crossings extend slide on fresh US-Iran attacks

Vessel crossings via the Strait of Hormuz dropped further at the start of the...

Yemen’s Houthis announce a maritime embargo against Saudi Arabia

Yemen’s Houthi rebels have announced they are imposing a maritime embargo against Saudi Arabia...

Celestyal expands sustainability and social impact initiatives

Cruise operator Celestyal is strengthening its social and environmental footprint by supporting initiatives focused...

Iran’s Guards Say Two Ships Involved In ‘Accident’ After Defying Hormuz Warnings

Iran’s Revolutionary Guards said on Sunday that two ships were involved in an “accident”...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...

Port of Long Beach cargo up at year’s midpoint

Trade moving through the Port of Long Beach saw double-digit growth in June, running just ahead of last year’s record-setting pace halfway into 2026,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...