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More Supply Chain Chaos Expected; Omicron Forcing Transport Workers to Quit

From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure of higher pay, the...

Maersk’s Acquisition of LF Logistics a ‘Significant Milestone’

Maersk’s proposed $3.6bn acquisition of Hong Kong-based LF Logistics represents a “significant milestone” in its transformation into a global integrator of container logistics, according...

Carnival: Most Ship Itineraries Unchanged Amid Omicron

Carnival Corp says a majority of its ships’ itineraries were unchanged despite a surge in cases of the Omicron coronavirus variant, which has threatened...

Asia Fuel Oil VLSFO crack soars to highest since Feb 2020

Asia’s first month for 0.5% ultra-low sulfur fuel oil (VLSFO) rose on Tuesday, reaching its highest level in more than 22 months, supported by...

Pavilion Energy: Agreement to Supply Small-Scale LNG to Hangjiaxin

Pavilion Energy and Hangjiaxin have signed a term deal for the supply of small-scale LNG from Singapore. Under the agreement, up to 0.5 million...

Container volume hits 6-month low at Incheon Port

Container volume at Incheon Port, the nation’s gateway for seaborne trade, has tumbled to a six-month low due to severe bottlenecks at major ports...

Panama Canal pricing structure could see variable component tied to demand

The Panama Canal Authority is considering a new pricing structure that could include a variable fee for LNG transits during the winter, Administrator Ricaurte...

Sumitomo, Keppel: MOU to Explore Ammonia Fuel Business in Singapore

Sumitomo Corporation and Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), have signed a Memorandum of Understanding (MOU) to...

Saudi Arabia’s oil exports value jumps 123% in October

Saudi Arabia’s oil exports grew more than 123 percent year-on-year in October 2021 or 45.5 billion riyals ($12 billion), data issued by the Saudi...

Hanjin Heavy & Construction now HJ Shipbuilding & Construction

Hanjin Heavy Industries & Construction changed its corporate name to HJ Shipbuilding & Construction (HJSC) following board approval on Wednesday. HJSC is engaged in shipbuilding...

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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...