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ST Engineering secures ADSB sub-contract for Kuwait’s new missile gun boat fleet

ST Engineering’s Marine business has secured a six-year sub-contract valued at about S$600 million from Abu Dhabi Ship Building (ADSB) to design and supply...

HD Korea Shipbuilding & Offshore Engineering Prices $1.55 billion exchangeable bond on strong global demand

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has successfully priced a large-scale overseas exchangeable bond (EB), attracting strong demand from global investors and...

Another Greek oil tanker exits Hormuz despite Iran’s blockade

Another Greek-controlled oil tanker has crossed the Strait of Hormuz, marking the fourth such voyage since hostilities in the Middle East began. The Suezmax Pola,...

Damen signs contract with the Polidano Group for two Combi Freighters (CF) 3850

Damen Shipyards Group has signed a contract with the Polidano Group for the delivery of two Combi Freighters (CF) 3850. The Malta-based company will...

Fugro to conduct geotechnical campaign for South America’s first licensed offshore wind project

Petrobras has selected Fugro to deliver a geotechnical site investigation for the Rio de Janeiro Offshore Wind Pilot Project, the first offshore wind development...

Japanese companies collaborate on global carbon capture projects

Chiyoda Corporation, Nippon Yusen Kabushiki Kaisha and its affiliate Knutsen NYK Carbon Carriers AS announced that they have signed a memorandum of understanding to...

Ningbo Ocean Shipping invests in 4+2 containerships

According to a relevant filing, Ningbo Ocean Shipping Co (NBOSCO) is investing in four firm 1,900 TEU containerships, which carry options for two more...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...

Celestyal cancels all April sailings

Celestyal has confirmed the cancellation of all April 2026 departures as its ships wait to reposition to Athens, Greece. The line’s fleet is currently positioned...

Cruise industry contributes €3.1 billion to Greek Economy

· The industry generated a total economic output of €3.1 billion, contributed €1.5 billion to the Greek GDP and supported 33,000 jobs in the...

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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...