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Flex LNG posts record fourth-quarter figures

Flex LNG announced its unaudited financial results for the fourth quarter and year ended December 31, 2021. Highlights: • All time high revenues of $114.6 million...

Golden Ocean sees profits rise to record

Golden Ocean Group Limited, the world’s leading owner of large size dry bulk vessels, announced its unaudited results for the quarter and full year...

Baltic index dips on weaker demand for larger vessels

The Baltic Exchange’s dry bulk sea freight index slipped on Wednesday as lower rates for capesize and panamax vessels outweighed gains in the supramax...

Posidonia 2022 To Chart New Course For Global Shipping Reset

Posidonia 2022 will be held this summer from June 6-10, with the 27th edition of the world’s most prestigious shipping event gearing up to...

Crystal Cruises officially winds down operations

Troubled Crystal Cruises has officially confirmed its closure, with the company's 238 employees at its Miami base laid off and operations wound down. Crystal Cruises...

London Marine Insurers Add Russian, Ukrainian Waters to High Risk List

London’s marine insurance market on Tuesday added the Ukrainian and Russian waters around the Black Sea and Sea of Azov to its list of...

Maersk: Generational change of the Board of Directors

Robert Mærsk Uggla has been nominated as the new chair of the board at A.P. Moller – Maersk, succeeding Jim Hagemann Snabe. A company...

APM Terminals Mumbai to increase container handling capacity

APM Terminals Mumbai also known as Gateway Terminals India (GTI) will invest US$115 million in infrastructure development that will increase the container handling capacity....

Ardmore Posts 2021 Net Loss In Weak Tanker Market

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2021. Highlights and Recent Activity Reported a net loss of $8.6...

Intermodal Weekly Market Report [W06]

After a very hot dry bulk market, the 7th October 2021 – when BDI reached the 5,650 points mark, was the turning point on...

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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...