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Melina Travlou: “Shipping is the foundation of the economic and geopolitical stability of the European Union”

“Shipping is the heart of Europe. Safeguarding its leading position requires immediate and joint action,” noted Melina Travlou, president of the Union of Greek...

Baltic Index hits two-week low as capesize rates dip

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, marked its lowest level in two weeks...

Jesper Kristensen takes the helm as group CEO of Synergy Marine

Synergy Marine Group announced the appointment of Mr. Jesper Kristensen as its new Group CEO, effective March 24, 2025. With a dynamic vision to...

Celestyal Discovery returns to service after major refit

Celestyal Discovery has returned to service following a major refit in Athens over the winter period. ● 47 staterooms added with two new cabin categories ●...

Billion-Dollar US levies on Chinese ships risk ‘Trade Apocalypse’

For a symbol of the chaos engulfing world trade since the Trump administration walked into the White House, look no further than a pile...

Wilhelmsen strengthens maritime innovation commitment with Motion Ventures Fund II

Wilhelmsen announced its continued partnership with Motion Ventures on the launch of Motion Ventures Fund II, a landmark USD100 million-fund dedicated to accelerating technological...

DNV, HD KSOE and HD Hydrogen to collaborate on CO2 capture technology for SOFCs

HD Korea Shipbuilding and Offshore Engineering, HD Hydrogen, and DNV recently signed a Joint Industry Project agreement to develop and validate Pressure Swing Adsorption...

Baltic Index falls on lower capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged lower on Thursday, hurt by falling...

European shipping key for Europe’s security with 35% of global fleet, studies find

Ahead of the European Shipping Summit, European Shipowners released a Deloitte study on the EU Shipping Competitiveness and a CE Delft study on the...

Baltic Index falls for third straight session on lower capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for the third successive session on...

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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...