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HD Hyundai’s Avikus secures industry-record contract to supply autonomous navigation to 40 HMM Vessels

Avikus, HD Hyundai’s specialized autonomous navigation subsidiary, has signed a landmark agreement with HMM, South Korea’s leading national carrier, to supply its AI-based autonomous...

Maersk ramps up Suez Canal return that could dampen freight rates

Maersk said last week that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step...

Fleetzero raises $43 Million Series A from Obvious Ventures, Maersk Growth, Breakthrough Energy Ventures, 8090 Ventures and Others to scale shipping electrification and autonomy

Fleetzero, a marine technology company building hybrid and electric propulsion systems for ships, announced a $43 million Series A financing and the opening of...

CF Industries, Trafigura and TFG Marine sign MOU to advance low-carbon ammonia for maritime decarbonisation

CF Industries Holdings Inc., a leading global manufacturer of hydrogen and nitrogen products, Trafigura, a market leader in the global commodities industry, and TFG...

Diana Shipping Inc. nominates six director candidates for election to Genco Shipping & Trading Board

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, that owns approximately 14.8% of the...

Contships Logistics Corp. – Successful senior unsecured bond tap issue

Contships Logistics Corp. has successfully completed a USD 25 million tap issue of its outstanding senior unsecured sustainability-linked bond due 11 February 2030. The...

Minerva Gas: Strengthening strategic cooperation in LNG carriers

Minerva Gas, owned by Andreas A. Martinos, has signed a new, expanded Long-Term Service Agreement (LTSA) with HD Hyundai Marine Solution, strengthening the strategic...

Greece warns shipping fleet of risks after black sea drone attacks

Greece has warned its shipping fleet to upgrade security measures to the highest possible when sailing to Russian Black Sea ports after drone attacks...

Global maritime piracy and armed robbery increased in 2025

The ICC International Maritime Bureau (IMB) reported an increase in global maritime incidents and piracy and armed robbery in 2025, classifying most cases as...

Bahri and Hadeed sign letter of intent to explore collaboration in maritime transport solutions

The National Shipping Company of Saudi Arabia (Bahri) and the Saudi Iron & Steel Company (Hadeed) have signed a Letter of Intent to explore...

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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,...