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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...

Contract for CSV Normand Maximus

Solstad Offshore ASA has entered into a contract with a major energy company for the CSV Normand Maximus. The contract has immediate commencement and will...

Havila Shipping awarded new PSV charter by TotalEnergies

Havila Shipping ASA has entered into a new contract with TotelEnergies EP Denmark A/S the PSV vessel Havila Fanø. The contract is for a firm...

More LNG Cargoes Head to Europe to Ease Energy Crisis

The number of tankers crossing the Atlantic with U.S. liquefied natural gas that declared Western European ports as their destinations jumped 50% in just...

EU on collision course with shipping over carbon market reforms

Efforts to reform the EU’s Emissions Trading System are facing an uphill battle in 2022, including a proposed expansion into shipping that comes during...

LNG cargoes diverted toward Europe from Asia as gas prices soar

At least ten cargoes of liquefied natural gas (LNG) have recently been diverted from Asia to head west drawn by Europe’s record high prices...

Baltic index falls for eleventh day on capesize weakness

The Baltic Exchange’s dry bulk sea freight index fell for the eleventh session on Thursday, as weaker capesize rates overshadowed gains in the panamax...

Rotterdam transhipment volume passes 15 million TEU containers for the first time

On Wednesday, 22 December, the 15 millionth TEU container of the year will arrive in the Port of Rotterdam. It is the first time...

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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...