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BW Offshore Sells FPSO BW Athena

BW Offshore has closed the sale of the FPSO BW Athena to an undisclosed third party. The transaction is part of BW Offshore’s strategy...

NORDEN partner with 123Carbon to support the decarbonisation of customer supply chains

Together with 123Carbon and its partners, AllChiefs and Verifavia, NORDEN will begin to issue carbon inset tokens through 123Carbon’s newly developed platform to support...

CSSC, CMA CGM sign agreement on methanol & LNG powered boxships

China Chamber of Commerce (CSSC) has signed an agreement with CMA CGM to build 16 large containerships. CSSC will build twelve 15,000 teu methanol dual-fuel...

Agreement for the Acquisition by GasLog of GasLog Partners Publicly Held Common Units

GasLog and GasLog Partners, each an international owner and operator of liquefied natural gas carriers, announced that they have entered into a definitive merger...

Euroseas Announces 2-Year Charter for M/V “Synergy Keelung”

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced a new charter of its container vessel...

John Fredriksen Becomes Largest Euronav Shareholder

John Fredriksen has increased his position in Euronav to become the largest shareholder of the Belgium tanker company. According to a new SEC filing, Famatown...

Saverys Plan to Buyout Exmar

Exmar NV has been informed by Saverex NV (“Saverex”) that Saverex intends to launch a voluntary and conditional public takeover bid for all shares...

Dorian LPG Takes Delivery of Dual-Fuel VLGC under Japanese Financing Arrangement

Dorian LPG announced that it took delivery under a 13-year bareboat charter of its Dual-Fuel LPG Carrier, Captain Markos, which was delivered from Kawasaki...

Stolt-Nielsen sees increased profit in first quarter

Stolt-Nielsen Limited reported unaudited results for the first quarter ending February 28, 2023. The Company reported a first-quarter net profit of $99.8 million, with...

Seaspan Announces Completion of Acquisition of Atlas by Poseidon Acquisition Corp.

Seaspan, a wholly owned subsidiary of Atlas Corp., announced that the Company and Poseidon Acquisition Corp. an entity formed by certain affiliates of Fairfax...

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NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Angelicoussis Group deploys Starlink across more than 140 vessels

Angelicoussis Group has equipped more than 140 vessels with Starlink’s low-Earth orbit satellite network,...

Evergreen Marine director released amid investigation

Chang Kuo-hua, a director on the board of Taiwanese shipping giant Evergreen Marine Corp,...

DRIFT Energy and Commenda Capital Partners establish exclusive capital and project framework for 50-vessel...

DRIFT Energy has entered into an exclusive strategic framework with Commenda Capital Partners to...

IMO Secretary-General calls for urgent release of 44 seafarers held by pirates

IMO Secretary-General Arsenio Dominguez has appealed for urgent international efforts to secure the safe...

Fincantieri creates an international underwater champion

The Group establishes the first vertically integrated underwater operator, bringing together eight centers of...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...