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Dynacom orders 9 tankers at Hengli

Dynacom Tankers Management is expanding its tanker shipbuilding program with a new order for nine 158,000-dwt crude oil tankers at Hengli Shipbuilding. Guangdong Songfa Ceramics...

Intermodal Weekly Market Report [W6]

 Libya’s oil sector is gaining renewed momentum in 2026, following a series of strategic developments that took place recently at the Libya Energy &...

Transocean to acquire Valaris

Transocean and Valaris announced on Monday that they have entered a definitive agreement to combine the two offshore drilling companies, with Transocean acquiring Valaris...

BW LPG Limited secures three-year time Charter-Out contracts for two VLGCs

BW LPG Limited announced that it has entered into three-year time charter-out contracts for two of its VLGCs, BW Tucana and BW Yushi. The...

HD KSOE’s Q4 net profit rises sharply on strong shipbuilding sales

HD Korea Shipbuilding & Offshore Engineering (KSOE) Co., a subholding company of shipbuilding giant HD Hyundai Co., said Monday its fourth-quarter net profit rose...

EGC and Trafigura ship copper and cobalt to global markets via the Lobito Atlantic Railway

Entreprise Générale du Cobalt and Trafigura have agreed the first delivery of copper and cobalt to global markets via the Lobito Atlantic Railway, marking...

Hapag-Lloyd says 2025 transport volume up 8%, to 13.5 million TEU

On the basis of preliminary figures, Hapag-Lloyd achieved Group revenues of USD 21.1 billion (EUR 18.6 billion) in the 2025 financial year. The Group...

Saudi: Bahri generates $640mln net profits in 2025; revenues surge 47% in Q4

National Shipping Company of Saudi Arabia (Bahri) achieved a record SAR 2.43 billion worth of net profits in 2025, which signaled a 12.07% growth...

Danaos posts strong financial results; orderbook grows

Danaos Corporation, one of the world's largest independent owners of container vessels, reported unaudited results for the period ended December 31, 2025.  For management purposes,...

Australian Ports closed due to Cyclone Mitchell

Tropical Cyclone Mitchell intensified on Sunday, Australia’s weather bureau said, as it tracked towards the country’s remote northwest, home to the world’s biggest iron-ore...

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HD Hyundai achieves record 6 trillion won profit

HD Hyundai, led by Chairman Chung Ki-sun, has opened the era of 6 trillion won (approximately $4.1 billion) in operating profit. Compared to approximately...

HMM maintains solid profitability in 2025 despite weak market

South Korean shipping giant HMM reported a net profit of KRW 1,879bln in 2025 (about $1.29bln) and an operating profit of KRW 1,461bln. The company’s...

Scorpio Tankers Inc. announces financial results for the fourth quarter of 2025 and an increase to its quarterly dividend

 Scorpio Tankers Inc. reported its results for the three months ended December 31, 2025. The Company also announced that its board of directors has...

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025.

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025. Highlights and Recent Activity Reported Adjusted earnings of $11.6 million and...

FLEX LNG: Solid Q4 performance amid spot market challenges

Flex LNG Ltd. announced its unaudited financial results for the three months and year ended December 31, 2025. Highlights: * Vessel operating revenues of $87.5 million...

Celestyal announces new Doha and Abu Dhabi F1 sailings for 2026

· Two new F1-themed departures will set sail in the Arabian Gulf · Both Celestyal...

India seizes three tankers in first action against dark fleet

The Indian Coast Guard seized three tankers that it said were involved in oil...

Wärtsilä and Abu Dhabi Maritime Academy explore collaboration to meet marine decarbonisation and sustainability...

Technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a Memorandum of...

Intermodal Weekly Market Report [W6]

 Libya’s oil sector is gaining renewed momentum in 2026, following a series of strategic...

Höegh Autoliners issues January 2026 Trading Update

In January 2026, Höegh Autoliners transported 1.3 million cbm of cargo on prorated basis....

Hong Kong’s CK Hutchison warns of legal action over Panama Canal ports

Hong Kong’s CK Hutchison Holdings warned of legal action on Thursday against a Danish logistics and ports group, after the latter was tapped by...

PPA hosts meeting for the TREASURE project

The Piraeus Port Authority (PPA S.A.), chaired by Han Chao, hosted a few days ago the 5th meeting of the European TREASURE project, which...

Australian Ports closed due to Cyclone Mitchell

Tropical Cyclone Mitchell intensified on Sunday, Australia’s weather bureau said, as it tracked towards the country’s remote northwest, home to the world’s biggest iron-ore...

AD Ports Group signs 30-year agreement with Aqaba Development Corporation to manage and operate Aqaba Multipurpose Port in Jordan

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, signed a 30-year concession agreement with Aqaba Development Corporation (ADC)...

Port of Virginia expands ultra-large containership capacity at Norfolk

The Port of Virginia is continuing to modernize and expand its operation and recently debuted additional capacity to safely handle simultaneous calls of ultra-large...