Venergy Maritime has placed an order for 2+2 50,000 DWT MR product tankers from South Korean shipyard K Shipbuilding.
Each vessel reportedly costs approximately US$48...
Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore...
Technology group Wärtsilä has signed a five-year Lifecycle Agreement with Greek, Athens-based LNG management company, Alpha Gas. The agreement covers two LNG carriers which...
Stainless Tankers ASA announced that it has successfully entered into an agreement for the sale of the 2008-built J19 stainless steel chemical tanker, Gwen,...
Customers in the gas carrier segment require technical expertise closer to the commercial business. To address this, Maersk Tankers is bringing technical management in-house....
Subsea 7 S.A. announced the award of sizeable1 contract offshore Egypt.
Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines,...
P&O Maritime Logistics, a wholly owned subsidiary of DP World, has entered into a definitive agreement to acquire a controlling stake in NovaAlgoma Cement...
Maersk opens new tab estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said...
Reach Subsea ASAhas successfully completed a new 3-year senior unsecured floating rate bond issue of NOK 500 million.
The bond will carry a coupon of...
Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026.
Financial performance of the First Quarter Ended March 31,...
Financial Results
In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...
A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...
APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...
Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...