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Hormuz oil exodus sets stage for chaotic rebalancing act

Crude prices may be back near levels seen before the Iran war, but the surge in oil exports from the Middle East following the...

DOF Group ASA – Awarded 3-year contract for Skandi Involver

DOF Group ASA has through its North America subsea region been awarded a Very Large contract for Skandi Involver. Commencement of the contract will...

Jeio Heavy buys Gunsan shipyard to revive South Korea shipbuilding hub

The Gunsan Shipyard in North Jeolla, which halted operations nine years ago and partially restarted in 2023 with block production, has a new owner....

Western Bulk: Results of offer to acquire own shares

Reference is made to the stock exchange releases of Western Bulk Chartering AS(“Western Bulk” or the "Company") dated 20 and 28 May 2026 concerning...

Greek shipowners expand container ship orders, led by feeders

The container shipping market is entering a period of deep structural realignment as global trade gradually shifts away from traditional long-haul routes toward more...

France seizes ‘Shadow Fleet’ tanker, stepping up pressure on Russia

France’s navy seized another tanker it said was linked to Russia’s “shadow fleet” on Thursday, underscoring the escalation this year in European efforts to...

Vår Energi ASA submits plan for development and operations for the Gjøa Subsea Projects

Vår Energi ASA has taken final investment decision (FID) on the Gjøa Subsea Projects in the North Sea. Together with its partners, the Company...

Semco Maritime announces 5-year contract with INEOS

INEOS has engaged Semco Maritime for provisioning of onshore and offshore services for the company’s activities in the Danish part of the North Sea...

Ocean Yield not impacted by charterer’s restructuring

Reference is made to a press release announcement on 25 June 2026 by Braskem S.A. regarding the filing of a request for Precautionary Injunctive...

UN halts escort of ships through Hormuz after vessel comes under attack

The U.N. International Maritime Organization ​paused its operation to escort ships through the Strait of Hormuz on Thursday after a vessel reported an attack,...

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TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Frontline reports “best quarterly profit ever”

Frontline plc reported unaudited results for the six months ended June 30, 2026: Highlights Reported the best quarterly profit ever of $659.2 million, or $2.96 per...

EXMAR announces half year 2026 results

 EXMAR Shipping delivered a resilient first-half performance despite geopolitical uncertainty, evolving regulations and changing trade flows. The segment reported stable revenue year-on-year in challenging...

Two killed in oil tanker fire off South Korea, Yonhap reports

Two crew people were killed on ​Thursday after a fire ‌broke out aboard an...

Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff...

TORM announces Q2 2026 results, dividend distribution, and financial outlook 2026

In the second quarter of 2026, TORM (Nasdaq: TRMD or TRMD A) generated time...

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

Iran said it had restarted talks ​with neighbor Oman to manage the Strait of...

Panama Canal auction hits new record at $5.3 million

A shipper needing to transit the Panama Canal bid a record $5.3 million to...

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...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...