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Design and equipment contract for Transpetro’s new tanker fleet

Kongsberg Maritime has been contracted by Consórcio Marenova to design and equip four methanol/ethanol-ready handy size product tankers. The vessels will be built at...

NYK concludes long-term charter agreement for new LNG Carriers with US LNG Giant Cheniere

NYK Line, in partnership with Ocean Yield AS, has signed multiple long-term charter contracts for new liquefied natural gas (LNG) carriers with Cheniere Marketing...

Dorian LPG profit rises in third quarter

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers reported its financial results for the three months ended December...

Contships posts Q4 profit; reveals sale of 20 vessels

Contships Logistics Corp., announced its unaudited financial and operating results for the three and twelve months ended December 31, 2025. Highlights Fleet Composition - During the year...

Port of Virginia expands ultra-large containership capacity at Norfolk

The Port of Virginia is continuing to modernize and expand its operation and recently debuted additional capacity to safely handle simultaneous calls of ultra-large...

DYNAMARINe – Maran Shuttle Tankers Collaboration

DYNAMARINe announced the integration of the Maran Shuttle Tankers fleet, owned by the Angelicoussis Group, interests of Maria Angelicoussis, into the DYNAMARINe STS Service...

NORDEN reports net profit of USD 120 million (DKK 796 million) in FY 2025 29/2026

Group net profit amounted to USD 120 million in 2025, driven by both the dry cargo and tanker units. USD 50 million came from...

Hapag-Lloyd and Maersk to transit Red Sea with one Gemini service

A.P. Moller - Maersk and Hapag-Lloyd have decided to change the routing of one of their shared services under the Gemini Cooperation, transitioning it...

KESTO secures first contracts with Vestas in South Korea

The ESVAGT and KMC Line joint venture, KESTO, will provide offshore service logistics for Vestas on Shinan-Ui offshore windfarm. KESTO, the new joint venture between...

Wärtsilä to further expand its production capacity in Finland by 35% to meet global increase in demand in energy and marine

Technology group Wärtsilä will invest approximately EUR 140 million to further expand its production capacity by 35% at its technology centre, Sustainable Technology Hub...

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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”)...

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...

Hormuz vessel crossings extend slide on fresh US-Iran attacks

Vessel crossings via the Strait of Hormuz dropped further at the start of the...

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...