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Dong Fang Offshore accelerates strategic expansion: signing subsea and cable lay vessel (clv) shipbuilding contract

Dong Fang Offshore (DFO), a leading offshore wind service provider in Asia, today announced the formal signing of a major Subsea and Cable Lay...

Intermodal Weekly Market Report [W48]

Beijing’s release of the first batch of 2026 import quotas has prompted Chinese independent refiners, including both larger and smaller “teapot” refineries, to re-emerge...

Iron ore eases amid policy-meeting watch and softer fundamentals

Iron ore futures settled slightly lower on Wednesday amid weakening demand signals, while traders awaited upcoming economic meetings in China for guidance on potentially...

Corfu Port: Impressive performance, confirming its role as a maritime hub in the Adriatic

Τhe port of Corfu recorded one of the most impressive performances, confirming its role as a powerful maritime hub in the Adriatic. The latest data...

Union of Greek Shipowners praises Greece’s performance at IMO

The Union of Greek Shipowners, whose president is Melina Travlou, congratulated the country on its ceremonial re-election to Category A of the Council of...

Norsepower signs landmark deal with Idemitsu Tankers: first-ever release of VLCC to be equipped with rotor sails

Norsepower, the leading provider of mechanical sails for large vessels, and Idemitsu Tanker Co., Ltd., the shipping arm of Idemitsu Kosan, have announced their...

Eni launches the Phase 2 of Congo LNG ahead of schedule

With the arrival of the Nguya FLNG floating liquefaction unit and the introduction of gas into the new offshore infrastructure system, Eni announces the...

Marco Polo Marine closes 16.7% higher on profit jump, bright outlook; over 100 million shares change hands

Shares of  Marco Polo Marine: 5LY -2.14% ended Tuesday (Dec 2) up 16.7 per cent or S$0.02 at S$0.14, after more than 100 million...

Hyundai Motor Company joins forces with HD KSOE and PNU to develop maritime fuel cell system

Hyundai Motor Company has signed a landmark Memorandum of Understanding (MoU) to co-develop a maritime fuel cell system. This initiative marks Hyundai Motor’s effort...

BW LPG profit down in third quarter

BW LPG Limited reported a Q3 2025 Net Profit After Tax (NPAT) of US$57 million, yielding an annualized return on equity of 12%. The...

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TOP Ships announces management estimate of net asset value of $359.2 million, a 24% increase from the previously reported NAV

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that after taking into account the June 30, 2026,...

Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

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...

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...

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...