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Petronas formalises 25% equity participation with SMJ Energy for PFLNG 3 project

Petronas, through its subsidiary Petronas LNG (PLSB), has formalised a significant equity participation agreement with SMJ Energy. The deal involves a 25% equity share for...

Subsea7 awarded contract offshore Norway

Subsea7 announced the award of a large contract by Equinor relating to the Fram Sør development project, offshore Norway. The project work scope covers engineering,...

MPCC Continues Fleet Renewal with Newbuild Orders, Long-Term Charters, Portfolio Optimization and Expands Financing Universe

MPC Container Ships (“MPCC” or the “Company”) announced a company update, including a series of strategic initiatives to modernize its fleet and strengthen its...

China threatens to block Panama ports deal unless its shipping giant gets stake, WSJ reports

China is threatening to block the sale of more than 40 ports, owned by Hong Kong-based CK Hutchison, to BlackRock and Mediterranean Shipping Company...

BW LPG Successfully Closes Two Key Financing Facilities

BW LPG has successfully closed two key financing facilities - a USD380 million Term Loan and Revolving Credit Facility, and a USD215 million Term...

Clemko Ship Management buys first ship in 15 years – report

TradeWinds reports Clemko Ship Management is expanding its fleet for the first time in 15 years. Specifically, the news outlet reports a 14-year-old kamsarmax sold...

Navigator Gas Announces Joint Venture with Amon Maritime For Construction of Two New Ammonia Gas Carriers

Navigator Holdings Ltd. (described herein as “Navigator” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied...

Wärtsilä to divest its Marine Electrical Systems business to VINCI Energies

Wärtsilä has agreed to divest its Marine Electrical Systems business to VINCI Energies, a global group offering multi-technical solutions and services for energy, transport...

Baltic Dry Index Hits Over 9-Month High On Capesize Surge

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, climbed to its highest level in more than...

Port of Long Beach cargo slows in June

Cargo moving through the Port of Long Beach slowed in June, but a pause on tariffs could drive a rebound for trade in July. Dockworkers...

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Volare Shipping completes listing on Euronext Growth Oslo

Volare Shipping Ltd., the Trafigura Group company established to own, operate and scale a modern fleet of oil tankers, commenced trading on Euronext Growth...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM announced the commencement of a secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord Holdings S.à r.l.,...

2020 Bulkers  – Transaction update

Reference is made to the recent stock exchange announcements published by 2020 Bulkers relating to the acquisition of companies owning or having contracts for...

Stolt-Nielsen posts USD 84.4 million net profit in Q3

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2026. The Company reported a third quarter net...

Danaos Corporation declares quarterly dividend on its common stock for the third quarter of 2026 and an extraordinary special dividend

Danaos Corporation, one of the world's largest independent owners of containerships declared a quarterly cash dividend of $1.00 per share on its common stock...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...