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China remains world’s leading shipbuilder in 2021

China’s shipbuilding sector continued to take the lead globally last year, as busy maritime transport across the world pushed up ship demand. The country’s shipbuilding...

Drewry: More muted growth, but higher carrier profits forecast in 2022

Container demand growth is losing some momentum amid mounting headwinds, but carriers will continue to rake huge profits, according to Drewry’s latest Container Forecaster...

Iron ore dips ahead of China holidays, Winter Olympics

Iron ore prices fell on Monday as traders turned cautious ahead of the Spring Festival holidays and Beijing Winter Olympic Games, shrugging off a...

Baltic index down for 12th day on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index fell for a 12th straight session on Monday, hurt by declining capesize rates. The overall index, which...

Hyundai Samho IPO plan angers investors in parent firm

Minority shareholders of Korea Shipbuilding & Offshore Engineering (KSOE) are furious after the company reaffirmed its earlier plan to go public with one of...

Asian prices fall amid Chinese LNG cargo sale tenders

Asian spot liquefied natural gas (LNG) prices dropped this week as large Chinese sell tenders signalled that supplies are well-stocked amid continued tepid Asian...

Hafnia in talks to buy 12 tankers from Scorpio

Hafnia Limited has confirmed it is in advanced negotiations with Scorpio Tankers Inc regarding the acquisition by Hafnia of 12 modern LR1 tankers, against...

Seadrill New Finance Emerges from Chapter 11

Seadrill Limited unit Seadrill New Finance (the Issuer) has emerged from chapter 11 after successfully completing its pre-packaged restructuring pursuant to its chapter 11...

New time charter for Avance Gas

Avance Gas has entered into a two-year time charter agreement for its second dual fuel very large gas carrier, Avance Capella. The agreement is...

Top Ships Announces Delivery of 1st VLCC, Sale of 2 Product Tankers

TOP Ships, an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced the delivery of the very high-specification, scrubber-fitted, 300,000 dwt...

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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...