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DOF Group ASA – Successful placement of USD 150 million senior unsecured bond

DOF Group ASA has successfully priced a 5-year USD 150 million senior unsecured bond. The Bonds will carry a fixed coupon of 8.125% p.a.,...

Hafnia Limited: Hafnia enters into a preliminary agreement to acquire 14.45% of TORM’s shares from Oaktree

Hafnia Limited announces that Oaktree Capital Management, L.P. and its, the controlling shareholder of TORM plc, has accepted, subject to entering into a definitive...

Iron ore extends gain as Goldman Sachs lifts fourth-quarter price forecast

Prices of iron ore futures climbed for a second straight session on Wednesday, as Goldman Sachs raised its average price forecast for the fourth...

Baltic index hits near two-week low as larger vessel rates fall

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a near two-week low on...

A new generation of LNG carriers with Greek footprint

The LNG carrier market is at a crucial crossroads. On the one hand, global demand for liquefied natural gas continues to strengthen, fueled by...

Mythos AI and lomarlabs launch Next-Gen Bridge Intelligence Pilot Aboard CB Pacific

Mythos AI, a leader in AI-driven marine autonomy systems, has completed the installation of its Advanced Pilot Assistance System (APAS) aboard the CB Pacific,...

BW Offshore signs head of agreement with Equinor for Bay du Nord FPSO

BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada Ltd, confirming its selection as preferred bidder for the Floating Production, Storage...

Fugro secures two contracts to support Brazil’s offshore energy expansion

Fugro has signed two three-year contracts with offshore energy services company Constellation to support responsible deepwater exploration activities in two of Brazil’s most strategically...

Carlyle to acquire Altera Infrastructure Group’s FPSO business

Global investment firm Carlyle announced that it has agreed to acquire a diversified FPSO (Floating Production, Storage and Offloading) business from Altera Infrastructure Group,...

BW LPG Limited announces sale of BW Lord

BW LPG Limited announced that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2008-built BW Lord for continued...

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Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Samudera Shipping reports lower y-o-y net profit despite higher revenue for 1HFY2026

Mainboard-listed Samudera Shipping has reported a 20.5% y-o-y dip in net profit to US$33.2 ($42.9) million for 1HFY2026 ended June 30 in a bourse...

Performance Shipping reports financial results for the second quarter and six months ended June 30

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.9 million and net income attributable...

Capital Clean Energy Carriers announces second quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2026. Key Highlights Took delivery...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

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...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

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)...