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Alpha Gas confirms order for LNG carriers

Alpha Gas has confirmed an order for two LNG carriers announced on Wednesday by South Korean shipbuilder Hanwha Ocean. Hanwha Ocean said the contract is...

Seadrill announces multiple contract awards

Seadrill Limited provides the following contracting updates for the West Capella, West Elara and West Carina. In Malaysia, the ultra-deepwater drillship West Capella has secured...

Western Bulk establishes a new Lumber & Projects desk in Bergen

Western Bulk announced the appointment of a highly experienced Lumber & Projects team based in Bergen. This marks an important step in the continued...

CMA CGM and OCEAN Alliance mark 10 years by strengthening the world’s largest maritime network for the future of global trade

On the occasion of The Convention between Carriers and Ports for OCEAN Alliance taking place from January 20 to 21, 2026, the CMA CGM...

Iron ore futures extend losses as Rio Tinto reports rise in quarterly shipments

Iron ore futures fell for the fifth straight session on Wednesday as Rio Tinto, the world’s top supplier, reported strong iron ore shipments in...

Baltic Index scales 2-week peak as vessel rates rise across all segments

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels carrying dry bulk commodities, climbed to a two‑week high on Wednesday as...

AD Ports Group expands operations in Spain with acquisition of Balenciaga Astilleros Shipyard

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today announced that its subsidiary SAFEEN Drydocks, part of Noatum...

Shipping group CMA CGM scales back Suez sailings on geopolitical risks

Shipping group CMA CGM will re-reroute vessels on three of its services away from the Suez Canal due to global uncertainties, it said on...

Interim DNV Group President and CEO appointed

Last week, DNV Group President and CEO Remi Eriksen was diagnosed with cancer. Remi is optimistic that he will fully recover. He will begin...

Nakilat delivers QAR 1.69 billion net profit in FY2025, an increase of 3.1%

Qatar Gas Transport Company Q.P.S.C. Nakilat announced its financial results for the year ended 31 December 2025. The Group delivered a net profit of...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...