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ABS and DSME to Develop Very Large Liquefied CO2 Carrier

ABS and Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) are to jointly develop designs for a 70,000 CBM very large, liquefied CO2 (LCO2)...

Maersk Raises Outlook Again

A.P. Møller – Maersk A/S (APMM) has for the first two months of Q3 2021 recognised a financial performance significantly ahead of our previous...

Baltic index snaps 5-day winning streak as capesize rates drag

The Baltic Exchange’s main dry bulk sea freight index slipped on Thursday after rising for five straight sessions as a dip in capesize rates...

DSME develops carbon dioxide storage technology

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has developed a technology to store carbon dioxide captured in ship engine emissions. The...

SBM Offshore completes US$1.6 billion financing of Sepetiba

SBM Offshore announced it has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which is the largest project financing...

August cargo volume exceeds 954,000 TEUs at port of Los Angeles

Strong American consumer demand has continued unabated for more than a year, evidenced by the steady amount of cargo streaming through the Port of...

China’s crude steel output slips for third month on production curbs

China’s crude steel production fell for a third straight month in August as Beijing maintained curbs on production to reduce carbon emissions, official data...

DP World To Invest £300m In New 4th Berth At London Gateway Logistics Hub

DP WORLD announced that it will begin work next month on a new fourth berth at its London Gateway logistics hub to increase supply...

VLGC dry dockings through Q4 to soften downward impact of newbuilds on freight rates

Dry docking activities of very large gas carriers are expected to last through Q4 2021 that could soften the downward trend of freight rates...

Baltic index rises as smaller vessels gain

The Baltic Exchange’s main dry bulk sea freight index rose for a fifth straight session on Wednesday to its highest level in more than...

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Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

Celestyal announces 2028 summer Mediterranean programme

Celestyal has unveiled its 2028 Mediterranean programme, with 124 sailings on sale from September...

Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailors

Saudi Arabia, the world's biggest crude exporter, said on Wednesday that an Iranian attack...

Celestyal launches ‘Uncrowded, Unforgettable, Authentically Med’ winter campaign with fares from €469pp

Celestyal has launched a new winter campaign, ‘Uncrowded, Unforgettable, Authentically Med’ - live from...

Celestyal unveils new winter sailings onboard Celestyal Journey

Celestyal has unveiled seven new winter 2027/28 sailing options onboard the 1,260-guest Celestyal Journey,...

Two tankers carrying Saudi oil attacked in Strait of Hormuz

Two supertankers carrying Saudi ​oil were struck by unknown projectiles within minutes of each...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...