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Perdana Petroleum secures offshore vessel charter from petroleum arrangement contractor

Offshore marine services provider Perdana Petroleum has secured a new work order contract to provide an anchor handling tug and supply (AHTS) vessel. The group...

Stolt-Nielsen Limited reports unaudited results for the second quarter and first half of 2025

Stolt-Nielsen Limited reported unaudited results for the second quarter ending May 31, 2025. The Company reported a second-quarter net profit of $75.2 million with...

Iron ore rises to over one-month high as China targets overcapacity

Iron ore futures rose to a more than one-month high on Thursday, supported by China’s renewed push to curb low-price competition and cut excess...

Baltic Index slips for seventh straight day on weaker capesize rates

The Baltic Exchange’s main sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for the seventh straight session on Thursday,...

KNOT Offshore issues strategic & operational update

KNOT Offshore Partners LP provided a strategic and operational update on a number of developments involving fleet expansion, chartering, refinancing, and a common unit...

Venezuela’s oil exports on the rise as more cargoes head to China

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as the loss...

HMM to expand Spanish Algeciras terminal

South Korea’s leading container shipping company HMM said Wednesday it plans to expand Total Terminal International Algeciras, its semi-automated facility in southern Spain. On Monday,...

Seatrium secures FSRU conversion contract from Kinetics, a Karpowership initiative

Seatrium Limited announced the award of a Floating Storage Regasification Unit (FSRU) conversion contract from Kinetics, an energy transition initiative by global floating power...

Neptune Maritime Leasing completes refinancing of GEOS fleet

Greek maritime leasing platform Neptune Maritime Leasing Limited has entered into a new $95m sale and leaseback facility for the seven-vessel fleet of Golden...

Greek shipowners “anchor” in Scandinavian countries to attract capital

The Scandinavian bond market is rapidly evolving into an important alternative financing resource for shipping companies, with a strong Greek presence. A key player in...

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Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

NORDEN raises full-year guidance

On the back of strong operational performance, NORDEN upgrades the 2026 full-year net profit guidance to USD 180 – 230 million (previously USD 140...

Wallenius Wilhelmsen – Private placement successfully completed

Reference is made to the announcement published earlier today by Wallenius Wilhelmsen ASA  regarding a contemplated private placement of new shares in the Company. The...

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...