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Nakilat delivers QAR 1.69 billion net profit in FY2025, an increase of 3.1%

Qatar Gas Transport Company Q.P.S.C. Nakilat announced its financial results for the year ended 31 December 2025. The Group delivered a net profit of...

Wan Hai Lines containership to be recycled by APT Global

Following the incident on board the WAN HAI 503 on 9 June 2025, all emergency response and casualty management measures have been completed. Following the...

Danaos Corporation announces strategic partnership with Glenfarne Group to advance the Alaska LNG Project

Danaos Corporation, one of the world's largest independent owners of containerships, announced a strategic partnership with Glenfarne Group LLC to advance the Alaska LNG...

Performance Shipping Inc. secures three-year time charter contract for M/T P. Monterey at USD31,000 per day

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

Okeanis Issues Commercial Update

Okeanis Eco Tankers Corp. announced the following commercial update: As of the date of this release, we estimate the following Daily Time Charter Equivalent Rate*...

Metrostar acquires vessels from Contships – report

According to Alphaliner, Metrostar Management Corp has acquired two containerships (1,296 TEU) from Contships Management at an undisclosed price.  More specifically, the company is reported...

Stealth Maritime exercises Hyundai tanker options – report

According to TradeWinds, Greek shipowner Harry Vafias has doubled an order for crude and product carriers at Hyundai Group yards placed in November, taking...

Intermodal Weekly Market Report [W3]

China has started 2026 with two signals that matter for bulk shipping in different ways. One is policy-driven and hits steel trade flows directly....

Okeanis Eco Tankers secures financing for Suezmax tankers

Okeanis Eco Tankers Corp. has secured two $45 million bank facilities from Greek lenders to finance its newly acquired resale Suezmax newbuildings, Nissos Piperi...

Iron ore falls on demand concerns following accident at Chinese steel mill

Iron ore futures fell for a fourth session on Tuesday, as an accident at a Chinese steel factory triggered concerns over demand for the...

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Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

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”)...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

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...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

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,...