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Wilhelmsen strengthens maritime innovation commitment with Motion Ventures Fund II

Wilhelmsen announced its continued partnership with Motion Ventures on the launch of Motion Ventures Fund II, a landmark USD100 million-fund dedicated to accelerating technological...

Lianson Fleet to form joint venture with Precious Shipping and Emstraits Navigation

Lianson Fleet Group Bhd has entered into a joint venture agreement with Precious Shipping and Emstraits Navigation. In a filing with Bursa Malaysia on Friday,...

Castor Maritime announces the sale of the M/V Magic Eclipse and of the M/V Magic Callisto for $28.0 Million

Castor Maritime, a diversified global shipping and energy company, announces that in March 2025, the Company entered into two separate agreements with entities beneficially...

Diana Shipping becomes strategic partner in two 7,500 cbm Semi-Refrigerated LPG newbuildings

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that the Company agreed to become...

DNV, HD KSOE and HD Hydrogen to collaborate on CO2 capture technology for SOFCs

HD Korea Shipbuilding and Offshore Engineering, HD Hydrogen, and DNV recently signed a Joint Industry Project agreement to develop and validate Pressure Swing Adsorption...

Northern Offshore Services expands fleet with Service Operation Vessel

Northern Offshore Services enters a new segment by acquiring Mistral Enabler, a Service Operation Vessel  from Edda Wind. The vessel will be renamed Northern...

Port Hedland iron ore exports down 5% on February

Pilbara Ports delivered a total monthly throughput of 49.5 million tonnes (Mt) for February 2025. This was a six per cent decrease compared to February...

NORDEN sells vessels and continues to buy back shares

NORDEN announced that in line with the company’s intention to realise asset values, they have sold five vessels since the release of the 2024...

Golar LNG signs finance lease agreements for FLNG Gimi

Golar LNG Limited announced that it has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of...

Fred. Olsen Ocean divests 50% ownership in United Wind Logistics GmbH

Fred. Olsen Ocean, a wholly owned subsidiary of Bonheur ASA, hasentered into an agreement for the sale of its 50% stake in United WindLogistics...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion...

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

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...