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Yang Ming reveals 2025 financial report

Yang Ming Marine Transport Corporation held its 411th Board Meeting and approved the financial results for 2025. For the year, Yang Ming reported consolidated...

Enagás and Axpo launch new LNG vessel

A new state-of-the-art LNG bunkering vessel, the Alisios LNG, was launched at the port of Huelva in southwestern Spain by Enagás CEO Arturo Gonzalo...

Orient Overseas warns of Middle East risk after earnings sink

Orient Overseas International Ltd. warned that the escalating conflict in the Middle East poses further uncertainty to the industry, after an array of geopolitical...

DP World reports record $24.4 bn revenue and $6.4bn ebitda for 2025

DP World announced record financial results for 2025, with revenue up 22% to $24.4 billion, and adjusted EBITDA up 18% to $6.4 billion (margin...

BIMCO: Boxship orderbook hits new record high

“Despite increasing trade policy uncertainty and falling freight rates, the container ship order book has continued to expand. It now totals more than 1,350...

MSC Group secures 45-year concession for Snake Island Port Terminal with Nigerdock and agrees EPC contract with ITB and DEME for development

MSC Group has signed a 45-year concession agreement with Nigerdock to develop a state-of-the-art container terminal within Snake Island Port (SIP) in Lagos, and...

Iran has laid about a dozen mines in Strait of Hormuz, sources say

Iran has deployed about a dozen mines in ​the Strait of Hormuz, two sources familiar with the matter ‌said, in a move likely to...

Iranian oil flows through Strait of Hormuz even as Gulf neighbors’ exports shut

Iranian crude oil has continued to flow through the Strait of Hormuz ​at a near-normal pace even as Tehran-linked attacks on ships in the...

d’Amico acquires two new vessels for USD45.4 million each

d'Amico International Shipping has announced the purchase of two new Medium Range 2 product tanker vessels. The transaction was carried out by its subsidiary...

Yangzijiang Shipbuilding to buy 10% Poseidon stake for $1.05b in cash

Yangzijiang Shipbuilding (Holdings) Ltd. has signed definitive agreements to acquire a 10% equity interest in Poseidon Corp. for an aggregate consideration of $1.05b (US$825.7m). 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...