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Karpowership expands global fleet with new 300 MW “Sea Lion” class Powerships

Karpowership has reached another milestone in the expansion of its global fleet with the commencement of construction on its new "Sea Lion" class Powerships....

Maerks released its Interim Report for the 1st Quarter 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Hafnia announces planned CEO succession

Hafnia Limited announces that Mikael Skov has decided to step down as Chief Executive Officer (CEO) of Hafnia effective 1 September 2026. The Board...

ONGC and bp sign technical services contract to enhance production from fields in the Western Offshore Basin

After the Technical Services Provider (TSP-1) contract for Mumbai High, ONGC and bp have signed a new Technical Services Contract on 25 June 2026,...

Hormuz oil exodus sets stage for chaotic rebalancing act

Crude prices may be back near levels seen before the Iran war, but the surge in oil exports from the Middle East following the...

DOF Group ASA – Awarded 3-year contract for Skandi Involver

DOF Group ASA has through its North America subsea region been awarded a Very Large contract for Skandi Involver. Commencement of the contract will...

Jeio Heavy buys Gunsan shipyard to revive South Korea shipbuilding hub

The Gunsan Shipyard in North Jeolla, which halted operations nine years ago and partially restarted in 2023 with block production, has a new owner....

Western Bulk: Results of offer to acquire own shares

Reference is made to the stock exchange releases of Western Bulk Chartering AS(“Western Bulk” or the "Company") dated 20 and 28 May 2026 concerning...

Greek shipowners expand container ship orders, led by feeders

The container shipping market is entering a period of deep structural realignment as global trade gradually shifts away from traditional long-haul routes toward more...

France seizes ‘Shadow Fleet’ tanker, stepping up pressure on Russia

France’s navy seized another tanker it said was linked to Russia’s “shadow fleet” on Thursday, underscoring the escalation this year in European efforts to...

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Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Navios Maritime Partners highlights strong bond market performance

Navios Maritime Partners, controlled by shipowner Angeliki Frangou, took part in Pareto Securities’ Greek Shipping Capital Markets Seminar, outlining its views on shipping, capital...

Maerks released its Interim Report for the 1st Quarter 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

NAPA and Samsung Heavy Industries partner to advance fuel-efficient ship design and operations

NAPA, the global provider of maritime software and data services, has signed a Memorandum...

Hormuz traffic climbs as supertankers sail into Persian Gulf

Traffic through the Strait of Hormuz picked up for the first time since Iran’s...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...