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Oil rises more than $1 as escalation in US-Iran strikes unnerve traders

Oil prices jumped on Thursday as Tehran declared the critical energy chokepoint, the Strait of Hormuz, closed ‌after the U.S. launched additional strikes against...

ABS, KSOE and HHI advance battery integration for 16K container ship

ABS, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) completed a joint development project for a high...

BIMCO launches project to develop Russia tanker resale restrictions clause for MoAs

BIMCO has commenced work on the development of a standard contractual clause to address new EU requirements applicable to tanker sale and purchase transactions.  The...

Viridien and Aker BP partner to advance multi-client OBN seismic and geoscience workflows for exploration on the Norwegian Continental Shelf

Viridien and Aker BP have entered into a strategic partnership agreement to strengthen collaboration across multi-client ocean bottom node (OBN) seismic data acquisition, imaging,...

Celestyal enhances onboard retail experience through partnership with Harding+

Celestyal has announced its partnership with Harding+, introducing a refreshed onboard retail experience across both Celestyal Discovery and Celestyal Journey. The partnership officially launched on...

The proceedings of Posidonia 2026 came to a close with the Press Conference of the Union of Greek Shipowners

The President of the UGS, Melina Travlos, addressed a wide range of questions of national, European and global interest. The highly anticipated Press Conference of...

Posidonia 2026 closes on a high – Over 35,000 visitors and 2,200 exhibitors set new exhibition records

The 29th edition of the biennial Posidonia Exhibition closed at the Athens Metropolitan Expo, cementing its position as the world's premier maritime business platform...

Prokopiou signs deal for building 12 new VLCCs

During the international shipping exhibition Posidonia 2026, Greek shipowner George Prokopiou has reportedly placed a major new order, according to shipbroking sources. Industry reports indicate...

Samsung Heavy Industries wins first U.S. offshore LNG deal

Samsung Heavy Industries announced on June 10 that it held the main contract signing ceremony for the ‘Delfin FLNG Project,’ which will become the...

Helmepa introduces ocean intelligence

Ecological empathy, human leadership, technological foresight, and the voices of children shaped a conference that moved between scales A full house of senior maritime decision-makers...

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Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Strait of Hormuz commodity vessel transits stay in single digits, data shows

The number of vessels sailing through the ​Strait of Hormuz was little changed on...

Iranian media say Saudi oil tanker stopped in Strait of Hormuz, no Saudi confirmation

A Saudi oil tanker was ​stopped while ​transiting through the southern ⁠corridor of the...

DP World launches express ocean freight services ahead of peak shipping season

DP World has launched two new Express Less-than-Container Load (LCL) ocean freight services to...

Vessels crossing Strait of Hormuz drop to 5 per day

The number of visible commodity vessels transiting the Strait of Hormuz dropped to five...

Panama Canal introduces temporary booking system adjustments to increase flexibility and equitable slot access

The Panama Canal announced temporary modifications to its Transit Reservation (Booking) System for Neopanamax...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...