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Keppel announces approximately S$3.7 billion programme to monetise up to 10 legacy rigs through Keppel Offshore Fund

Keppel Ltd. announced a programme to progressively monetise up to 10 legacy rigs through a new private fund, Keppel Offshore Fund (KOF), which is...

Hanwha Ocean Q2 profit nearly doubles on high-margin LNG ships

Hanwha Ocean said Monday its second-quarter operating profit nearly doubled from a year earlier, driven by the ramp-up of liquefied natural gas carriers and...

The Crown Estate launches accelerated tender for Morgan offshore wind site

The Crown Estate launched a competitive tender process to secure a new developer to build and operate the up to 1.5GW Morgan wind farm...

TEN takes delivery of third DP2 shuttle tanker for long-term US oil major charter

TEN Ltd., the tanker operator controlled by Dr. Nikolas Tsakos, has announced the delivery and naming of the DP2 Suezmax shuttle tanker Anfield DP,...

Korea ship engine makers outpace shipbuilders as China demand lifts orders

Hanwha Engine and HD Hyundai Marine Engine, the two leading domestic ship engine makers, secured as much work in the first half of this...

Oil prices dip over 6% after US, Iran pause fighting over weekend

Oil prices tumbled more than 6% on Monday after the ‌U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising...

Saipem awarded new contracts in Ivory Coast and Italy by Eni worth approximately 800 million euro

Saipem has been awarded two new contracts, one offshore in Ivory Coast and one onshore in Italy, for a total value of approximately 800...

Russian gas cargoes to stay exempt as EU agrees new sanctions deal

Greek shipping company Dynagas will be allowed to continue carrying Russian liquefied natural gas as part of a compromise with other EU capitals to...

Greek shipowners expand dry bulk fleet with focus on conventionally fuelled vessels

Greek shipowners are continuing a broad renewal of their dry bulk fleets, with newbuilding orders remaining largely focused on conventionally fuelled vessels, according to...

DOF Group ASA – Further fleet optimisation through vessel transactions and update on Skandi Amazonas

DOF Group ASA announced two vessel transactions involving a total of six vessels as part of further fleet optimisation and high-grading efforts to strengthen...

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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...