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DP World weighs USD 1 bln investment in Peru

DP World is interested in investing more than $1 billion to expand port infrastructure in Peru, the country’s government said on Wednesday following a...

Energean posts record year in 2024

Energean provided an update on recent operations and the Group's trading performance in the 12-months to 31 December 2024, together with guidance for 2025.

Havfram clinches contract for offshore wind project

Oslo-based Havfram has signed a contract to construct an offshore wind project in Europe. The project will be executed in 2029, utilizing one of Havfram’s...

Solstad announces multiple contract awards

Solstad Offshore ASA announced multiple contract awards with undisclosed clients for “Normand Jarstein”, “Normand Australis” and “Normand Scorpion”. CSV “Normand Jarstein” has been awarded a...

CMA CGM to keep avoiding Red Sea – report

French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the region is more stable following...

Dorian LPG declares irregular cash dividend of $0.70 per share

Dorian LPG updated its financial and operational outlook for the quarter ended December 31, 2024 and announced that its Board of Directors has...

Trafigura raises RMB1,500 million from new Panda Bond programme

Trafigura Group, a market leader in the global commodities industry, has successfully issued a 1,500 million renminbi-denominated bond with a tenor of three years,...

MOL Group signs long-term charter for 3 very large liquified ethane carriers

Mitsui O.S.K. Lines announced that on January 23, its group company MOL Energia signed a long-term charter contract for three newbuilding very large ethane...

Trump designates Yemen’s Houthis as a ‘foreign terrorist organization’

U.S. President Donald Trump on Wednesday re-designated Yemen's Houthi movement, known formally as Ansar Allah, as a "foreign terrorist organization", the White House said. The...

NAT to buy modern suezmax; offloads veteran

NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from a close financing partner.  Furthermore, NAT has also sold a...

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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.

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

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...

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...