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Fire at Chevron oil platform offshore Angola injures 17

Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday at Chevron's (CVX.N), opens new tab deep-water...

Kumiai Navigation orders ultramax bulker at NACKS

Kumiai Navigation has reportedly ordered an ultramax bulk carrier in China as part of its fleet renewal program. Managing director Tomomaru Kuroyanagi told TradeWinds that...

Flex LNG delivers solid Q1 results

Flex LNG announced its unaudited financial results for the three months ended March 31, 2025. Highlights: Vessel operating revenues of $88.4 million for the first quarter 2025,...

Damen and CEAD join forces to develop 3D-printed HDPE Workboat

Damen Compact Crafts, part of the Damen Shipyards Group, and high-tech company CEAD are launching a collaboration to develop a 3D-printed HDPE Workboat (HWB)...

DP World to launch $2.5bn logistics infrastructure investment in 2025

DP World will invest $2.5 billion this year to expand its global logistics network, launching major infrastructure projects across India, Africa, South America and...

Damen Shiprepair Rotterdam hosts naming ceremony for Petrodec Obana platform

On 21 May 2025, a naming ceremony was held at Damen Shiprepair Rotterdam’s Botlek location for Obana, a self-elevating heavy lift jack-up. The project...

Pyxis Tankers announces financial results for the three months ended march 31, 2025

Pyxis Tankers, an international shipping company, announced unaudited results for the three months ended March 31, 2025. For the three months ended March 31, 2025,...

Iron ore rises on softer US dollar, steady demand

Iron ore futures rose on Wednesday, supported by a softer U.S. dollar and resilient demand for the steelmaking ingredient, although weakness in China’s property...

Baltic index falls to near one-week low

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday to a near...

Hanwha to invest $72M in Philly Shipyard to build LNG carriers

Hanwha Group plans to invest 100 billion won ($71.8 million) in Philly Shipyard, its U.S.-based shipbuilding unit, as part of a long-term strategy to...

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Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Samudera Shipping reports lower y-o-y net profit despite higher revenue for 1HFY2026

Mainboard-listed Samudera Shipping has reported a 20.5% y-o-y dip in net profit to US$33.2 ($42.9) million for 1HFY2026 ended June 30 in a bourse...

Performance Shipping reports financial results for the second quarter and six months ended June 30

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.9 million and net income attributable...

Capital Clean Energy Carriers announces second quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2026. Key Highlights Took delivery...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

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...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

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)...