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HD Hyundai achieves record 6 trillion won profit

HD Hyundai, led by Chairman Chung Ki-sun, has opened the era of 6 trillion won (approximately $4.1 billion) in operating profit. Compared to approximately...

HMM maintains solid profitability in 2025 despite weak market

South Korean shipping giant HMM reported a net profit of KRW 1,879bln in 2025 (about $1.29bln) and an operating profit of KRW 1,461bln. The company’s...

Hong Kong’s CK Hutchison warns of legal action over Panama Canal ports

Hong Kong’s CK Hutchison Holdings warned of legal action on Thursday against a Danish logistics and ports group, after the latter was tapped by...

Scorpio Tankers Inc. announces financial results for the fourth quarter of 2025 and an increase to its quarterly dividend

 Scorpio Tankers Inc. reported its results for the three months ended December 31, 2025. The Company also announced that its board of directors has...

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025.

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025. Highlights and Recent Activity Reported Adjusted earnings of $11.6 million and...

Diana Shipping Inc. announces time charter contract for m/v Phaidra with NYK

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

Maran Dry orders first bulkers in 10 years

Maran Dry Management has signed an agreement to build four capesize bulk carriers - with options for two more - at Chinese shipyard Hengli...

FLEX LNG: Solid Q4 performance amid spot market challenges

Flex LNG Ltd. announced its unaudited financial results for the three months and year ended December 31, 2025. Highlights: * Vessel operating revenues of $87.5 million...

Harbour Energy: Completion of LLOG acquisition

Harbour Energy announces that it has completed the acquisition of LLOG Exploration Company LLC for $3.2 billion, marking the Company’s strategic entry into the...

SFL announces fourth quarter 2025 results

SFL Corporation announced preliminary financial results for the quarter ended December 31, 2025, and its 88th consecutive quarterly dividend.

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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...