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Flex LNG posts Q2 financial results

Flex LNG announced its unaudited financial results for the six months ended June 30, 2024. Highlights: * Vessel operating revenues of $84.7 million for the second...

Two ships report blasts in the Red Sea off Yemen, maritime security agencies say

Two crude oil tanker ships reported coming under attack in the Red Sea off the coast of Yemen on Tuesday, although neither reported damage,...

Baltic index snaps three-day losing streak on capesize demand

The Baltic Exchange’s dry bulk sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, snapped a three-session losing streak on Tuesday,...

DHT Holdings announces Q2 2024 Results

DHT Holdings announced the second quarter 2024 financial results.

Wallenius Wilhelmsen: Q2 2024 financial results and distribution of dividends

Wallenius Wilhelmsen reported a record second quarter for 2024 delivering an all-time high EBITDA of USD 507m and a net profit of USD 315m.  "Q2...

Turkey’s Yilport to invest $1.6 billion in El Salvador ports

Turkish holding company Yilport will invest an estimated $1.62 billion to expand two ports in El Salvador and operate them jointly with the local...

VTTI completes acquisition of 50% of Dragon LNG

VTTI, an industry leader in energy infrastructure, has completed the acquisition of 50% of Dragon LNG Group Limited. The other 50% of the terminal...

ICTSI: Continued strong performance in H1

Throughput increased 1% to 6.31 million TEUs Revenues grew 13% to USD1.32 billion EBITDA expanded 19% to USD864.99 million Diluted EPS rose 36% to USD0.200 Enrique K. Razon...

TotalEnergies Marine Fuels supplies its first B100 biofuel bunker in Singapore

TotalEnergies Marine Fuels supplied its first B100 biofuel bunker on 5 August in Singapore, marking a significant expansion in its low-carbon fuels offer as...

Iron ore slides as soft China demand heightens supply pressure

Prices of iron ore futures slid on Monday, dragged down by heightened supply pressure while steel demand in top consumer China has been weakened...

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TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Danaos exploring bulker business Oslo-listing

Danaos has reportedly hired investment banks to advise on a possible equity placement and listing in Norway for its dry bulk business. More specifically, TradeWinds...

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...

Trump says Russia and Ukraine agreed to ‘energy ceasefire’

President Donald Trump said Sunday that Russia and Ukraine had agreed to an “energy...

Iran says US response to its proposal to reopen Hormuz was ‘insufficient’

The United States' response to Iran's seven conditions in a proposal to reopen the...

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,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...

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...