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Wallenius Wilhelmsen: Q2 2024 financial results and distribution of dividends

Wallenius Wilhelmsen reported a record second quarter for 2024 delivering an all-time high EBITDA of USD 507m and a net profit of USD 315m.  "Q2...

Turkey’s Yilport to invest $1.6 billion in El Salvador ports

Turkish holding company Yilport will invest an estimated $1.62 billion to expand two ports in El Salvador and operate them jointly with the local...

VTTI completes acquisition of 50% of Dragon LNG

VTTI, an industry leader in energy infrastructure, has completed the acquisition of 50% of Dragon LNG Group Limited. The other 50% of the terminal...

ICTSI: Continued strong performance in H1

Throughput increased 1% to 6.31 million TEUs Revenues grew 13% to USD1.32 billion EBITDA expanded 19% to USD864.99 million Diluted EPS rose 36% to USD0.200 Enrique K. Razon...

TotalEnergies Marine Fuels supplies its first B100 biofuel bunker in Singapore

TotalEnergies Marine Fuels supplied its first B100 biofuel bunker on 5 August in Singapore, marking a significant expansion in its low-carbon fuels offer as...

Iron ore slides as soft China demand heightens supply pressure

Prices of iron ore futures slid on Monday, dragged down by heightened supply pressure while steel demand in top consumer China has been weakened...

Pyxis Tankers: Strong results in Q2 with net revenues of $13.9 million

Pyxis Tankers, an international shipping company, announced unaudited results for the three and six month periods ended June 30, 2024. Summary For the three months ended...

Baltic index down for third day on lower rates across vessels

The Baltic Exchange’s dry bulk sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, slipped for a third straight session on...

Adani Group shares lose $9 billion after Hindenburg accusations against regulator

Adani Group companies shed as much as $19 billion in market value on Monday but recovered much of the losses after Hindenburg Research accused...

Navigator Gas and Attis Clean Energy invest in U.S. Gulf Coast clean ammonia project

Navigator Holdings, the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announced a co-investment alongside lead investor Attis Clean...

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TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

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...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

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...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

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...