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HMM union vows legal fight as Korea pushes Busan headquarters move

HMM's land-based labor union said on the 3rd it will launch legal action if the company's major shareholder replaces outside directors whose terms expire...

Pelagic Credit Plc: Private placement successfully placed and listing on Euronext Growth Oslo

Pelagic Credit Plc. refers to the stock exchange announcement on 27 February 2026 regarding a contemplated private placement of new shares in the Company...

Hafnia Limited: Exercise of options and sale of shares by primary insiders

On 3 March 2026, certain primary insiders of Hafnia Limited have, in total, exercised 725,019 vested options granted under the Company's ordinary long-term investment...

Exclusive: Qatar shuts gas liquefaction, will take weeks to restart, sources say

Qatar declared force majeure on gas exports on Wednesday amid ​the U.S.-Israeli war on Iran, with sources saying it may take at least a...

Tanker heads to UAE port via Strait of Hormuz to load oil, sources say

An oil tanker sailed through the Strait of Hormuz ​on Tuesday, heading to a United Arab Emirates ‌port to load crude in a rare...

Diana Shipping Inc. announces time charter contract for m/v Crystalia with SwissMarine

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboatcharter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Greek shipping minister warns of alarming situation in Strait of Hormuz

Greece's shipping minister on Tuesday called for the protection of global shipping and seafarers, amid an "alarming" situation that ​has left dozens of ships...

Strait of Hormuz: Traffic of vessels down 70%

The number of vessels passing through the Strait of Hormuz has dropped by 70% amid regional tension, according to Marine Traffic. Iran has not officially...

Freight rates and tanker values skyrocket

Against the backdrop of rapidly escalating developments in the Middle East, shipping markets are reacting to the crisis with significant upward pressure on rates. Freight...

Trump orders oil tanker insurance support, says Navy could escort ships in Gulf

The U.S. Navy could begin escorting oil tankers through the Strait of ​Hormuz if necessary, President Donald Trump said on Tuesday, adding he had...

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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...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Strait of Hormuz commodity vessel transits stay in single digits, data shows

The number of vessels sailing through the ​Strait of Hormuz was little changed on...

Iranian media say Saudi oil tanker stopped in Strait of Hormuz, no Saudi confirmation

A Saudi oil tanker was ​stopped while ​transiting through the southern ⁠corridor of the...

DP World launches express ocean freight services ahead of peak shipping season

DP World has launched two new Express Less-than-Container Load (LCL) ocean freight services to...

Vessels crossing Strait of Hormuz drop to 5 per day

The number of visible commodity vessels transiting the Strait of Hormuz dropped to five...

Panama Canal introduces temporary booking system adjustments to increase flexibility and equitable slot access

The Panama Canal announced temporary modifications to its Transit Reservation (Booking) System for Neopanamax...

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...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...