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Van Oord orders mega ship to install 20 MW offshore wind foundations and turbines

Van Oord has ordered a new offshore installation vessel to further strengthen its market position in offshore wind. The jack-up vessel can operate on...

Sovcomflot, NOVATEK expand cooperation

Sovcomflot, through a joint venture with NYK, has signed long-term time-charter contracts with NOVATEK Gas and Power Asia, a subsidiary of PAO NOVATEK, for...

OSG announces closing of USD 325 million loan to refinance debt

Overseas Shipholding Group announced that it closed on a seven-year $325 million term loan credit facility with Stonebriar Commercial Finance. Proceeds were used to...

Stonepeak to Acquire Teekay LNG in a USD 6.2 Billion Transaction

Teekay LNG and Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced that they have entered into an agreement and...

Strong demand for capesizes powers Baltic index to 13-year high

The Baltic Exchange’s main dry bulk sea freight index rose on Monday to its highest level in 13 years as a jump in capesize...

Sudan running out of essential goods due to port blockade

Sudan is about to run out of essential medicine, fuel and wheat after political protests forced the closure of Port Sudan, the main port...

Qatar Petroleum Places $760 Million LNG Order With China

Qatar ordered four new liquefied natural gas tankers worth more than 2.8 billion rials ($762 million) from a Chinese shipbuilder, as demand for the...

Höegh Autoliners: LoI with CMHI to build its Aurora class vessels

Höegh Autoliners is pleased to announce that it has entered into a Letter of Intent (LoI) with China Merchants Heavy Industry (Jiangsu) Co., Ltd....

Piraeus Port Authority: 3 mandatory investments on way to implementation

Three additional mandatory investments part of the concession agreement between P.P.A. S.A. and the Greek Government with a contract total over 32 million euro...

Gibson Weekly Tanker Market Report [W39]

After many months of pain, crude tanker owners will finally see an increase in the volume of Russian export cargos in the coming weeks....

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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”)...

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...

Hormuz vessel crossings extend slide on fresh US-Iran attacks

Vessel crossings via the Strait of Hormuz dropped further at the start of 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)...

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...