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Samsung Heavy wins LNG ship order in Bermuda, Africa

Samsung Heavy Industries Co., the world's third-biggest shipbuilder by order backlog, said Tuesday it has received a 1.16 trillion-won (US$850 million) liquefied natural gas...

Havila Shipping sells construction vessel

Havila Sihipping has, according to instructions from the lenders financing Havila Phoenix, entered into an agreement to sell the ship based on principles laid...

Exmar LPG orders two dual-fuel LPG carriers

Exmar LPG has placed a firm order for two midsize carriers with Hyundai Mipo Dockyard (HMD) at an undisclosed price.  The 46,000 m³ dual...

Iron ore climbs 4% after selloffs spurred by China COVID woes

Iron ore futures rebounded on Monday after last week’s selloffs, as traders bet the bottom has been reached despite lingering concerns about intensified COVID-19...

OPEC+ agrees small oil production cut

OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have slid on fears of...

Baltic index extends gains on higher rates for larger vessels

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains for a third straight session on Monday...

CDB Leasing agrees deal with George Prokopiou for LNG carriers

China Development Bank Financial Leasing (CDB Leasing) has announced a sale and leaseback deal with George Procopiou for three LNG carriers (200,000 cu m)...

Wärtsilä & Maersk developing solution to prevent scrubber discharge pipe corrosion

The technology group Wärtsilä and Danish ship operator A.P. Moller - Maersk have provided a means for preventing corrosion in scrubber discharge pipes. The...

Ukraine Dispatches Its Biggest Grain Convoy Of U.N. Deal So Far

Ukraine said it had dispatched its biggest convoy of grain vessels under a U.N.-brokered deal so far after 13 ships set sail from its...

Hapag-Lloyd spending big money on fleet, eyes port investment

German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to extend its...

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Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Samudera Shipping reports lower y-o-y net profit despite higher revenue for 1HFY2026

Mainboard-listed Samudera Shipping has reported a 20.5% y-o-y dip in net profit to US$33.2 ($42.9) million for 1HFY2026 ended June 30 in a bourse...

Performance Shipping reports financial results for the second quarter and six months ended June 30

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.9 million and net income attributable...

Capital Clean Energy Carriers announces second quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2026. Key Highlights Took delivery...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

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...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

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)...