The acquisition is described as a key step in the company’s evolution toward offering turnkey solutions, combining vessel, subsea equipment and operational expertise.
This acquisition...
Fincantieri, through its U.S. subsidiary Fincantieri Marine Group (FMG), will build Spectre, a new class of high-speed, multi-mission unmanned surface vessel (USV), developed by...
Scorpio Tankers Inc. announced that it has entered into agreements to sell six vessels comprising three 2014 built LR2 product tankers, STI Park, STI...
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, has agreed to acquire a 2019...
Celestyal has confirmed the successful and safe transit of both its vessels, Celestyal Discovery and Celestyal Journey, through the Strait of Hormuz, marking a...
International Energy Agency Executive Director Fatih Birol proposed building a new oil pipeline linking Iraq’s Basra oil fields and Turkey’s Mediterranean oil terminal in...
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 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 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...
Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...
Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...
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...
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...
