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South Korea bets big on reviving troubled US shipbuilding to woo Trump

South Korean President Lee Jae Myung leaned on promises to “Make American Shipbuilding Great Again” during his first official U.S. trip, as the two...

Shell enters into an agreement for employment of MOL Group’s CTV off the Coast of Brazil

Mitsui O.S.K. Lines announced that a cargo transfer vessel owned by its wholly owned subsidiary SeaLoading Holding AS will be shared by TotalEnergies EP...

Cosco Shipping profit up in first half

COSCO SHIPPING Holdings reported higher earnings for the first half of 2025, citing stronger container volumes on intra-Asia, Africa/Latin America and mainland China routes,...

Product tankers leaders in the global tanker fleet

Product tankers are playing a decisive role in shaping the structure of the global tanker fleet, currently constituting the largest sector in terms of...

DP World deploys electric internal transfer vehicles in Thailand

DP World, a leading global supply chain provider, has taken another significant step in its decarbonisation strategy with the deployment of five new electric...

SLB OneSubsea awarded EPC contract for Equinor’s Fram Sør Project

Global energy technology company SLB announced that its OneSubsea™ joint venture has been awarded an engineering, procurement and construction (EPC) contract by Equinor for...

Signal Group emerging as leading player in Aframax spot market

Signal Group, led by Ioannis Martinou, continues to stand out as a leading “player” in the Aframax spot tanker market, with its performance confirming...

Crowley’s fourth Avance class vessel, Torogoz, begins maiden commercial voyage

Crowley’s latest Avance Class ship, Torogoz, began its inaugural commercial service on Tuesday, departing from Port Everglades, Florida, to serve Central America. The vessel’s...

Port of Long Beach achieves busiest July on record

A pause in tariffs in recent months lifted the Port of Long Beach to its most active July on record and the third-busiest month...

Port of Los Angeles posts busiest month ever, eclipsing 1 million container units

July was the busiest month on record in the 117-year history of the Port of Los Angeles. The Port handled 1,019,837 Twenty-Foot Equivalent Units...

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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)...