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HD KSOE’s affiliate wins 367.2 bln-won LNG ship order in Asia

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Tuesday its affiliate has secured a 367.2 billion-won (US$250 million) order for a liquefied...

Gunvor Group announces management buy-out, appointment of Gary Pedersen as CEO

Members of the management of Gunvor Group, one of the leading physical energy trading companies in the world, announce the successful acceptance of a...

Hanwha Ocean wins 375.4 bln-won VLCC order in Oceania

Hanwha Ocean Co., the shipbuilding arm of South Korea's chemical-to-defense conglomerate Hanwha Group, said Tuesday it has secured a 375.3 billion-won (US$255 million) order...

Global Ship Lease announces agreement to acquire three 8,600 TEU Containerships

Global Ship Lease, a containership owner and lessor, announced the purchase of three 8,600 TEU, Korean-built containerships with ECO upgrades for an aggregate purchase...

Iron ore extends rally on demand for medium-grade cargoes

Iron ore futures prices advanced for a fourth session on Monday, buoyed by strong buying of medium-grade cargoes, though gains were capped by year-end...

Strong capesize rates propel Baltic index to near 2-year high

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a near two-year-high on Monday,...

Prime Green Recyclers becomes Pakistan’s first Hong Kong Convention compliant yard; GMS welcomes the milestone

GMS extends its congratulations to Prime Green Recyclers on becoming the first ship recycling yard in Pakistan to achieve full compliance with the Hong...

EPS places major order at Hengli

Eastern Pacific Shipping (EPS) has signed contracts with Hengli Shipbuilding for 12 vessels in a deal estimated at $1.1bn–$1.6bn. Specifically, EPS has ordered a series...

NAT: Increased dividend and solid prospects

Nordic American Tankers increased dividend and solid prospects. “The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain...

LNG carriers: The rally continues unabated

The LNG carrier freight market is at the center of global interest, as freight rates continue their rally, reaching the highest levels of the...

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HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Capital Clean Energy Carriers Corp. announces first quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2026. Key Highlights Completed an...

Stainless Tankers announces financial results, reshapes leadership

Stainless Tankers ASA announces results for the three-month period ended March 31, 2026, Chairman and CEO change. Highlights Net loss of $0.06 million, on net revenue...

CLIA’s high-level Policy Event in Greece Highlights Cruise Growth, island communities, economic impact and...

· CLIA hosted a high-level Policy Event in Athens in collaboration with the Deputy...

Trump administration launches nuclear-powered shipping initiative

U.S. Transportation Secretary Sean P. Duffy and the Maritime Administration (MARAD) today launched an...

DP World launches end-to-end cargo war risk insurance for middle east trade

DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses...

CMA CGM containership confirmed attacked in Hormuz, crew injured

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...