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Gibson Weekly Tanker Market Report [W45]

It’s not very often that a leader of a large oil producing nation calls on other oil producing countries to actually pump more oil....

Respite in trans-Pacific premium rates could be short-lived

All-inclusive container shipping rates held steady in the week to Nov. 12 as carriers were reluctant to offer further discounts as demand remained strong...

Seaway 7 agrees new Dogger Bank deal

Seaway 7 announced that it has been awarded a sizeable contract by Dogger Bank Wind Farm for the transport and installation of monopile foundations...

Celsius Tankers orders LNG carriers at SHI

Celsius Tankers has ordered two 180,000 cu m LNG carriers at Samsung Heavy Industries, bringing the company's gas fleet to 10 vessels.  The two...

Congestion at Port of Rotterdam Seen Lasting Through 2022

Congestion and bottlenecks in moving container traffic through the Port of Rotterdam, Europe’s largest, are likely to persist through 2022, port officials said on...

COP26: More than 20 nations vow to develop zero-emission shipping routes

A group of 22 countries pledged to create emission-free shipping corridors in the coming years as an initial step to decarbonizing maritime transportation, one...

Saudi Aramco to supply full term oil volumes to several Asian buyers – sources

Saudi Aramco, the world’s top exporter of crude oil, has notified at least six Asian customers it will supply full term volumes in December,...

Baltic index edges lower as smaller vessels weigh

The Baltic Exchange’s dry bulk sea freight index snapped a three-session long streak of gains on Thursday, pressured by weaker rates for panamax and...

Dalian iron ore hits 1-year low

Dalian iron ore futures hit a one-year low on Wednesday as demand worries intensified due to China’s curbs on its steel output and a...

Maersk enters strategic partnership with Vestas

To serve the growing global market for sustainable energy solutions and protect profitability in an increasingly challenging global business environment for renewables, Vestas continuously...

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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...