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HD Hyundai’s Avikus to supply autonomous navigation system to 40 HMM vessels

HD Hyundai said Friday that its autonomous shipping unit Avikus has secured an order to supply its HiNAS Control autonomous navigation system to 40...

ESL Shipping strengthens fleet with a second-hand vessel

To ensure operational reliability and sufficient capacity, ESL Shipping has acquired a geared ice-class 1A second-hand vessel. This strategic acquisition follows the sale of...

Iron ore retreats as hot metal output falls in China

Iron ore futures retreated on Thursday as hot metal output fell in top buyer China amid a slow resumption of production after the New...

Baltic Index falls for ninth straight session on capesize losses

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for an ninth straight session on Thursday,...

Port of Piraeus: Cruises kick off 2026 with strong momentum

With the arrival of the first cruise ships, Piraeus Port Authority S.A. officially inaugurated the 2026 cruise season, marking the beginning of another dynamic...

Baltic Exchange launches new intermediate tanker indices in response to growing trade in northwest Europe

Baltic Exchange has launched a new suite of indices covering four key short-range tanker routes in northwest Europe in order to create the definitive...

Ammobia raises $7.5M to scale low-cost ammonia production technology critical to energy resilience

Ammobia, developer of breakthrough low-cost ammonia production technology, announced a $7.5 million seed round to scale its Haber-Bosch 2.0 modular plant designs that...

Seatankers Management places order for two VLCCs with Chinese builder

Hengli Shipbuilding Dalian has signed contracts for the construction of two 306,000-tonne very large crude carriers (VLCC). The total contract value is estimated between...

Höegh Autoliners joins World Shipping Council

The World Shipping Council (WSC) announced that Höegh Autoliners has joined as a member, further strengthening the Council’s representation of the global liner shipping...

Lomarlabs and Signal Fusion launch strategic collaboration to advance predictive operational behaviour intelligence in shipping

Lomarlabs, the venture catalyst advancing deep-tech solutions for maritime, and Signal Fusion, the human-performance intelligence company, are to work together to deploy a next-generation...

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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”)...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

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...

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...