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Baltic index up for third session as vessel rates rise

The Baltic Exchange’s dry bulk sea freight index rose for a third straight session on Tuesday, climbing to its highest in more than a...

Petrofac signs floating offshore wind MOU with Seawind Ocean Technology

Petrofac, a leading international service provider to the energy industry, has signed a Memorandum of Understanding (MOU) with Seawind Ocean Technology, an engineering and...

MOL exploring offshore wind vessels

Mitsui O.S.K. Lines (MOL) and Toyo Construction Co. signed a Memorandum of Understanding (MoU) to explore a potential collaboration in offshore wind power plant...

Shell: LNG trade up 6% in 2021

The global trade in liquefied natural gas (LNG) increased 6% to 380 million tonnes during 2021 as many countries rebounded from the economic impact...

North P&I posts successful renewal outcome

The P&I sector has faced a difficult period experiencing the challenges of COVID-19, record International Group pool claims, surging crew claims and higher reinsurance...

Greek manager of Oaktree-backed tanker says probing possible Iran oil transfer

Greece-based Empire Navigation is investigating whether Iranian oil was transferred onto one of the vessels it manages, the company said in a statement, after...

BHP’s iron ore profits show why Beijing wants to talk the price down

Tucked away on page 38 of BHP Group’s 39-page presentation of its latest results is as good an explanation as any as to why...

Higher rates across vessels propel Baltic index to more than 1-month peak

The Baltic Exchange’s dry bulk sea freight index rose to a more than one-month high on Monday, boosted by a jump in rates across...

OPEC+ would seek to bring Iran into oil supply deal

OPEC+ will work to integrate Iran into its oil supply-limiting accord should agreement be reached on reviving its nuclear deal with world powers, sources...

Survivor and body found on burning ferry off Corfu

Greek emergency workers rescued a Belarussian truck driver Sunday from a burning ferry off the island of Corfu and found the body of a...

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Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

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”)...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

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...