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CK Hutchison says it invested $1.7b in Panama, surpassing obligations

A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on Wednesday, surpassing...

HSM Offshore Energy awarded East Anglia TWO substation contract by ScottishPower

ScottishPower Renewables has awarded an EPCIC (Engineering, Procurement, Construction, Installation and Commissioning) contract for its East Anglia TWO offshore substation and jacket foundation to...

DOF Group ASA – Subsea mooring installation contract award in the APAC region

DOF Group announced a Substantial contract award for subsea mooring installation services in the APAC Region. The contract will utilise Skandi Hercules with related...

Sealead expands in Spain with new entity and managing director

SeaLead, a fast-growing global shipping line, has strengthened its presence in Europe with the establishment of its own entity in Spain, marking a significant...

NORDEN adds to Executive Management group with COO role

NORDEN announced that Anne Heidi Jensen will join NORDEN’s Executive Management in the newly created role as Group COO. The Executive Management group thereby...

Iron ore slips to 6-1/2-month low as global trade war intensifies

Iron ore futures slid on Wednesday to their lowest levels in more than six months, as demand prospects were clouded by the escalation of...

Baltic index falls as demand falters across vessels amid trade war

The Baltic Exchange’s dry bulk sea freight index on Wednesday fell for the thirteenth straight session to a more than one-month low due to...

Fincantieri and Viking announce the world’s first hydrogen-powered cruise ship and sign contracts for two new units

Fincantieri and Viking announced the first cruise ship in the world to be powered by hydrogen stored onboard for both propulsion and onboard electricity...

Stena DrillMAX contract award

Stena Drilling announced the award of a campaign with KE STP Company B.V. and BG International Limited Suriname Branch, subsidiaries of Shell PLC (Shell) for the...

Euroseas announces 2-year charter contract for its feeder containership, M/V Monica

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced a new time charter contract for...

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United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

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...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

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...

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)...