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Valaris announces contract award for Drillship VALARIS DS-12

Valaris Limited announced that it has been awarded a five-well contract with Bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt. The contract...

Pacific Basin Shipping appoints Kristian Helt as Executive Director

The board of directors of Pacific Basin Shipping Limited announces that Mr. Kristian Helt has been appointed as an executive Director of the Company...

Melina Travlou: Greek owners deeply concerned about decarbonization plans 

The president of the Association of Greek shipowners, Melina Travlou, expressed her strong concern that the decarbonization plan promoted by the International Maritime Organization...

Thenamaris to boost fleet with USD 1 bln Frontline product tankers

Thenamaris is reported to be in advanced talks to acquire the entire LR2 tanker fleet from Frontline. According to various reports, the vessels involved are...

Maersk loses South Africa court bid blocking key port deal

A South African court dismissed a case brought by A.P. Moller-Maersk A/S against a port-expansion deal awarded to a firm headed by Filipino billionaire...

Shipping: LNG is a “protagonist” in green transition

Liquefied natural gas (LNG) is emerging as a leading player in the decarbonization of shipping, responsible for approximately 3% of global emissions. Given the...

US and EU spar ahead of vote to cut global shipping emissions

The European Union and US have squared off over a proposal to slash the global shipping industry’s carbon emissions ahead of a vote this...

Pakistan National Shipping Corporation approves $193 Million purchase of three oil tankers

The Pakistan National Shipping Corporation (PNSC) has approved the purchase of three new ships worth $193 million as part of its plan to strengthen...

China hits back on US port fees with retaliatory levies

China will slap port fees on U.S.-owned, operated, built, or flagged vessels on Tuesday as a countermeasure to U.S. port fees on China-linked ships...

US threatens visa restrictions, sanctions against UN members that back IMO emissions plan

The United States on Friday threatened to use visa restrictions and sanctions to retaliate against nations that vote in favor of a plan put...

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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”)...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

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...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

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...