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Höegh Autoliners exercises option to purchase Höegh Tracer

Höegh Autoliners through its subsidiary Höegh Autoliners Shipping AS, declared an option pursuant to a certain bareboat charter party to purchase the vessel Höegh...

Capesize, supramax gains buoy Baltic sea freight index

The Baltic Exchange’s main sea freight index was little changed on Tuesday, as capesize and supramax gains offset lower rates in the panamax segment....

Baltic index dips further as demand weakens for larger vessels

The Baltic Exchange’s main sea freight index extended its slide on Monday, hitting a fresh 18-month low, as demand for capesize and panamax vessel...

Hundreds of boxes damaged in containership fire off Colombo

According to WK Webster, ZIM Charleston, the 8,586 TEU container ship, suffered a fire in cargo hold no. 4, whilst navigating off Colombo in...

Baltic Exchange’s Capesize Index Logs Biggest Single-Day Decline in Over Two Years

The Baltic Exchange’s main sea freight index fell on Thursday as capesize vessel rates saw their biggest daily plunge since the onset of the...

Torm acquires majority stake in scrubber maker

TORM has acquired a 75% ownership staketa in scrubber supplier ME Production (MEP). MEP owner and founder, Jens Peter Faldt will retain the remaining...

Capital Ship Management Corp. sets high standards for quality, business continuity & environmental management

Capital Ship Management Corp. has become one of the first Greek shipping companies to be certified with the ISO 22301 Business Continuity Management by...

Crowley Secures Subcontract for Hybrid-Electric Ferry

Crowley has been selected by Senesco Marine to provide design verification and production packaging for a hybrid-electric passenger vehicle ferry for Casco Bay Lines...

Svitzer Brazil strengthens fleet with two newbuilds

Svitzer, leading global towage operator and part of A.P. Moller-Maersk, has announced that it is further strengthening its fleet in Brazil with two newbuilds....

U.K. announces new National Maritime Security Strategy

The United Kingdom has released its new national strategy for maritime security (NSMS) to set out the government’s activity to develop national and global...

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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...