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UK maritime security agency receives report of incident near Yemen

The United Kingdom Maritime Trade Operations (UKMTO) agency said on Thursday it received a report of an incident 70 nautical miles (130 km) southwest...

Dayang Enterprise secures contract for 6 AWBs

Dayang announced that its wholly-owned subsidiary, DESB Marine Services Sdn Bhd (DMSSB), has received work order awards from Petronas Carigali Sdn Bhd for 6...

BIMCO approves first management agreement for autonomous ships

BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN agreement in response to a growing number of remotely controlled ships. The AUTOSHIPMAN agreement provides a standard contractual...

Baltic index hits over one-month on lower capesize demand

The Baltic Exchange’s main sea freight index continued its decline for the eighth consecutive session on Wednesday, reaching its lowest point in over a...

Baltic index falls over one-month low on weak capesize rates

The Baltic Exchange’s main sea freight index .BADI declined to a more than one-month low on Tuesday, pressured by falling capesize vessel rates. The overall...

Baltic index hits over two-week low as capesize rates fall

The Baltic Exchange’s main sea freight index fell on Monday, to touch its lowest in more than two weeks led by a dip in...

Fleet Management Limited appoints Chief Executive Officer

Fleet Management Limited, a part of The Caravel Group Limited, announces the appointment of Captain Rajalingam (‘Raja’) Subramaniam as the new Chief Executive Officer....

PPA S.A.: Three top awards at the Environmental Awards 2024 

PPA S.A. has been honored with five prestigious awards, recognizing its outstanding performance in the vital areas of environmental protection and regulatory compliance. These distinctions...

Baltic Index hits two-week low as capesize rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit its lowest in over two weeks...

New LNG system opens in Greece aiming to reduce reliance on Russian gas

The new project, funded in part by the European Commission aims to reduce southeastern Europe’s dependence on Russian gas. The Greek city of Alexandroupolis is...

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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...