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Lime Petroleum, Borr Drilling agree jackup rig contract

Lime Petroleum signed a contract with Borr Gerd Limited for the Gerd jackup rig, which will be used for a 120-day drilling campaign in...

Belships CEO Skarsgård resigns

Lars Christian Skarsgård has resigned as CEO of Belships. The new chairman of the board, Ivar Hansson Myklebust, will take over as CEO until a...

Dalian iron ore slides to over two-week low on trade war jitters

Iron ore futures prices sank on Monday, dragged by tit-for-tat tariffs between the U.S. and top consumer China that have widened a global trade...

Baltic Index extends falls to hit one-month low

The Baltic Exchange’s dry bulk sea freight index extended declines to a one-month low on Monday, as rates across various vessel segments declined amid...

Eneos Drilling agrees offshore deal in Vietnam

ENEOS Drilling has won a contract to supply a rig to Japan Vietnam Petroleum Company (JVPC) for a firm two-well campaign offshore Vietnam. ENEOS Drilling’s...

Greek shipowners see calm after the storm

The global shipping industry is closely monitoring developments after US President Donald Trump announced heavy tariffs on imports of products from dozens of countries...

Commodities collapse: China tariffs send oil, soybeans and copper tumbling

Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China retaliated...

Greek ships go thousands of miles further to deliver Russian oil

Three Greek oil tankers are going on detours of thousands of miles to deliver crude from Russia’s Baltic Sea to customers in Asia. The tankers...

The Panama Canal authorizes the start of an open bidding process for the transportation of energy products

The Panama Canal Board of Directors has authorized to open a bidding process for the development of a new pipeline for the transfer of...

Shipping giant CMA CGM and French AI startup target customer service in tie-up

Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro partnership unveiled on Sunday, which the...

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TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

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...

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Tankers are facing a higher risk of attacks and intimidation as they try to...

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...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

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...