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BW LPG reports Q2 profit of $85m

BW LPG reported a Q2 2024 Net Profit After Tax (NPAT) of US$ 85 million, yielding an annualised return on equity of 21% with...

Landmark deal between Wärtsilä and Eidesvik Offshore pioneers growing demand for ammonia in shipping

Technology group Wärtsilä has signed a contract with Norwegian shipowner Eidesvik to supply the equipment for the conversion of an offshore platform supply vessel...

Celestyal announces updates to 2024/2025 season

Celestyal has announced the cancellation of its upcoming 14-night repositioning cruises, ‘Ancient Athens to Dazzling Doha’ and its counterpart sailing ‘Dazzling Doha to Ancient...

US Treasury, State target LNG shipping firms among Russia sanctions

US officials Aug. 23 announced a slew of new sanctions to ratchet up pressure on Russia and entities aiding its war against Ukraine, including...

Hafnia posts strongest first-half results in company’s history

Hafnia, a leading product tanker company with a diversified and modern fleet of over 130 vessels, announced results for the three and six months...

Ukraine grain exports rise to 6.4 mln T so far in 2024/25, ministry says

Ukraine’s grain exports in the 2024/25 July-June season had reached almost 6.4 million metric tons as of Aug. 23, up from 3.8 million tons...

Navigator Gas orders up to four ethane-fuelled LPG carriers

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

Belships posts higher net result in Q2

Belships reported second-quarter results in line with analysts’ expectations. HIGHLIGHTS EBITDA of USD 29.3m including USD 2.9m from operating business Net result of USD 18.9m Declared dividend of...

French destroyer rescues 29 mariners from oil tanker stricken in Red Sea attacks by Yemen rebels

A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea by Yemen’s Houthi rebels, officials...

Scholz Vows to Keep Meyer Werft Shipyard Afloat

The German government is working on a deal to secure the future of Meyer Werft, a 229-year-old shipyard and one of the world’s largest...

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TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...