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Cargill, Mitsui, Maersk Tankers launch green technological solution

Cargill, Mitsui and Maersk Tankers have launched their green technological solution Njord, which aims to accelerate cost-effective and industry-wide greenhouse gas reductions. Njord brings shipowners,...

Nordic American Tankers sells suezmax tanker

Nordic American Tankers (NAT) has sold the 2002-built Nordic Mistral to undisclosed buyers. A company announcement reads: Dear Shareholders and Investors, On the NAT website, you...

Saipem Weighs Capital Increase After Profit Warning

Saipem SpA is evaluating a capital increase after issuing a profit warning and saying it will talk to its creditors, people familiar with the...

Europe remains top destination for U.S. LNG for second month running

Europe last month remained the top destination for shipments of U.S. liquefied natural gas (LNG), according to Refinitiv data, outpacing exports to Asia for...

Global container flows struggle to pick up speed

Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks caused by surging demand for...

DP World starts construction of mega port in Congo

Dubai’s DP World has started the construction of the first deep-sea port in Congo, the global port operator said in a statement. The ports giant...

Baltic index snaps 4-day rally on weaker rates for all vessels

The Baltic Exchange’s dry bulk sea freight index snapped four straight sessions of gains on Wednesday, weighed down by lower rates across all vessel...

CPLP posts 448 pct net income increase in 4Q2021

Capital Product Partners L.P., an international owner of ocean-going vessels, released its financial results for the fourth quarter ended December 31, 2021. Highlights Three-month periods ended...

Safe Bulkers Announces Offering of Unsecured Bonds on Athens Stock Exchange

Safe Bulkers announced that its wholly owned subsidiary, Safe Bulkers Participations Plc, plans to launch a public offer in Greece of up to €100...

Mitsubishi Shipbuilding to build liquefied CO2 test ship

Mitsubishi Shipbuilding Co., Ltd., a Yokohama-based member of Mitsubishi Heavy Industries (MHI) Group, has concluded a contract with Sanyu Kisen Co., Ltd., a Kobe-based...

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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...