The technology group Wärtsilä has received its first order for newbuild methanol-fuelled engines. A new Offshore Wind Installation Vessel (WIV) being built for Dutch...
China’s shipbuilding sector continued to take the lead globally last year, as busy maritime transport across the world pushed up ship demand.
The country’s shipbuilding...
The Baltic Exchange’s dry bulk sea freight index fell for a 12th straight session on Monday, hurt by declining capesize rates.
The overall index, which...
Asian spot liquefied natural gas (LNG) prices dropped this week as large Chinese sell tenders signalled that supplies are well-stocked amid continued tepid Asian...
Hafnia Limited has confirmed it is in advanced negotiations with Scorpio Tankers Inc regarding the acquisition by Hafnia of 12 modern LR1 tankers, against...
Seadrill Limited unit Seadrill New Finance (the Issuer) has emerged from chapter 11 after successfully completing its pre-packaged restructuring pursuant to its chapter 11...
Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.
Highlights
• First quarter Adjusted EBITDA...
Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026).
Revenue for 4Q FY2025 was US$4,042 million, bringing the total...
Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier.
Ordinary...
The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...
A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...