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Trump demands other countries help secure vital strait of Hormuz

President Donald Trump said on Sunday his administration is talking to seven countries about helping to secure the Strait of Hormuz amid the U.S.-Israeli...

Vessel traffic through Strait of Hormuz fell to one transit March 12: CAS

Traffic through the Strait of Hormuz nearly ground to a halt March 12, according to tracking data, with just one vessel observed to transit...

Sale of HD Hyundai’s Gunsan dockyard gives boost to MASGA

HD Hyundai Heavy Industries (HHI) signed an agreement Friday to sell its dockyard in Gunsan, North Jeolla Province, to the largest shareholder of HJ...

JP Morgan interests said to firm up order for three Suezmax tankers at SHI

JP Morgan-backed interests are reported to have firmed up a Suezmax shipbuilding project in South Korea, marking a new contract in the highly sought-after...

Dynacom takes Hengli VLCC orderbook to 16 vessels

Dynacom Tankers Management has signed a new agreement for the construction of four additional VLCC (Very Large Crude Carrier) crude oil tankers, each with...

NYK Group fully acquires Saga Welco AS, a leading open-hatch vessel operator

NYK Group has reached an agreement with the Norwegian shipping company Westfal- Larsen Group to fully acquire Saga Welco. Saga Welco, a Norwegian shipping operator...

Sovcomflot says 2025 net loss at $648.4 mln

Russia's state-controlled leading tanker group Sovcomflot said on Friday that its ⁠net loss in 2025 amounted to $648.4 million. The group's earnings before interest, tax,...

Energean: Strategic entry offshore Angola via acquisition of Chevron’s interest in two blocks

Energean announced on Thursday it would acquire Chevron’s two offshore Angola oil blocks for a base consideration of 260 million dollars. More specifically, the company...

Wallenius Wilhelmsen renews shipping contract with an estimated value of around USD 190m

Wallenius Wilhelmsen renews contract with a global automotive distributor with an estimated net freight value of around USD 190m during a firm period of...

Golden Energy Offshore Services: Sale of PSV Energy Passion

Reference is made to the stock exchange announcement by Golden Energy Offshore Services ASA on 12 December 2025 where the Company informed of its...

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BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Iran tells Houthis to close Red Sea gateway if U.S. hits power network

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea...

MPC Capital to become MPC Oceanic Group

Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group...

Greek merchant fleet increased by 1.8% in May 2026

The Greek Merchant Fleet increased by 1.8% in May 2026 compared with May 2025,...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...

Port of Long Beach cargo up at year’s midpoint

Trade moving through the Port of Long Beach saw double-digit growth in June, running just ahead of last year’s record-setting pace halfway into 2026,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...