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Vessels carrying Middle East oil, LNG exit Hormuz, head for Pakistan, China

Two liquefied natural gas tankers are exiting the Strait of Hormuz on Monday, heading to ‌Pakistan and China, while a supertanker with Iraqi crude...

FRO – First quarter 2026 results

Frontline plc reported unaudited results for the three months ended March 31, 2026: Highlights Profit of $559.1 million, or $2.51 per share for the first quarter...

Subsea7 awarded contract offshore Norway

Subsea7 announced the award of a substantial¹ contract by Vår Energi for the Goliat Gas Export Project, located in the Barents Sea, offshore Norway. The...

Reach Subsea signs 2+1-year contract

Reach Subsea ASA has signed a 2 + 1‑year contract covering IMR and Light Construction services offshore at the Black Sea, following the previously...

DeepOcean chosen for FPSO-field recycling project

Global ocean services provider DeepOcean has been engaged to support the subsea decommissioning and disconnection of a FPSO currently located in the UK sector...

Borr Drilling Limited announces first quarter 2026 results

Borr Drilling Limited announces unaudited results for the three months ended March 31, 2026. Highlights First Quarter total operating revenues of $247.0 million, a decrease of...

Wood awarded detailed design scope for Bul Hanine redevelopment

Wood has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to deliver a scope of detailed design for QatarEnergy’s Bul Hanine...

Celestyal wins Gold Award at the ESG Shipping Awards International for its pioneering application of marine biofuels in Greece

Celestyal, through Optimum Ship Management, was distinguished in the Industry Partnership Leader Award category, with Celestyal Discovery as the reference point - the first...

10th Naftemporiki Shipping Conference-Karakostas (PPA): Piraeus will rise even higher on the global port map

Angelos Karakostas, Deputy CEO of the Piraeus Port Authority, referred to the strategic role of ports — and particularly Piraeus — in the new...

HD Hyundai chosen as preferred bidder for TerraPower’s SMR project

HD Hyundai said Thursday its shipbuilding unit HD Hyundai Heavy Industries Co. has been selected as a preferred supplier for a next-generation nuclear reactor...

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Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

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...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

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)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...