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Greek shipowners invest 3 billion euros in dry bulk shipping market

Greek shipowners remained at the centre of global dry bulk activity during the first five months of 2026, recording 87 vessel sales, 48 acquisitions...

Oil rises more than $1 as escalation in US-Iran strikes unnerve traders

Oil prices jumped on Thursday as Tehran declared the critical energy chokepoint, the Strait of Hormuz, closed ‌after the U.S. launched additional strikes against...

ABS, KSOE and HHI advance battery integration for 16K container ship

ABS, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) completed a joint development project for a high...

BIMCO launches project to develop Russia tanker resale restrictions clause for MoAs

BIMCO has commenced work on the development of a standard contractual clause to address new EU requirements applicable to tanker sale and purchase transactions.  The...

Viridien and Aker BP partner to advance multi-client OBN seismic and geoscience workflows for exploration on the Norwegian Continental Shelf

Viridien and Aker BP have entered into a strategic partnership agreement to strengthen collaboration across multi-client ocean bottom node (OBN) seismic data acquisition, imaging,...

Celestyal enhances onboard retail experience through partnership with Harding+

Celestyal has announced its partnership with Harding+, introducing a refreshed onboard retail experience across both Celestyal Discovery and Celestyal Journey. The partnership officially launched on...

The proceedings of Posidonia 2026 came to a close with the Press Conference of the Union of Greek Shipowners

The President of the UGS, Melina Travlos, addressed a wide range of questions of national, European and global interest. The highly anticipated Press Conference of...

Posidonia 2026 closes on a high – Over 35,000 visitors and 2,200 exhibitors set new exhibition records

The 29th edition of the biennial Posidonia Exhibition closed at the Athens Metropolitan Expo, cementing its position as the world's premier maritime business platform...

Prokopiou signs deal for building 12 new VLCCs

During the international shipping exhibition Posidonia 2026, Greek shipowner George Prokopiou has reportedly placed a major new order, according to shipbroking sources. Industry reports indicate...

Samsung Heavy Industries wins first U.S. offshore LNG deal

Samsung Heavy Industries announced on June 10 that it held the main contract signing ceremony for the ‘Delfin FLNG Project,’ which will become the...

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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...