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Wärtsilä, Solstad Offshore collaborate on fleet decarbonisation

In its efforts to reduce the carbon footprint of its 90 vessel fleet, Solstad Offshore has turned to the technology company Wärtsilä for collaboration....

Antwerp project takes major next step towards halving CO2 footprint

Antwerp@C, an initiative of Air Liquide, BASF, Borealis, ExxonMobil, INEOS, TotalEnergies, Fluxys and the Port of Antwerp has the ambition to support industries’ efforts...

Intermodal Weekly Market Report [W07]

The newbuilding market activity since the start of the year is following the same momentum that we have been witnessing during 2021...

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...

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Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...