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Equinor Awards DeepOcean Subsea Cable Repair Frame Agreement

DeepOcean AS, a subsidiary of DeepOcean Group Holding B.V. (DeepOcean), has been awarded a frame agreement contract by Equinor for provision of contingency equipment...

Thessaloniki Port sees increase in total revenues and throughput

Regarding the financial results of the 1st semester of 2021, Thessaloniki Port Authority (ThPA S.A.) released the first consolidated figures, including the 100% owned,...

ABS and DSME to Develop Very Large Liquefied CO2 Carrier

ABS and Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) are to jointly develop designs for a 70,000 CBM very large, liquefied CO2 (LCO2)...

Baltic index snaps 5-day winning streak as capesize rates drag

The Baltic Exchange’s main dry bulk sea freight index slipped on Thursday after rising for five straight sessions as a dip in capesize rates...

August cargo volume exceeds 954,000 TEUs at port of Los Angeles

Strong American consumer demand has continued unabated for more than a year, evidenced by the steady amount of cargo streaming through the Port of...

China’s crude steel output slips for third month on production curbs

China’s crude steel production fell for a third straight month in August as Beijing maintained curbs on production to reduce carbon emissions, official data...

DP World To Invest £300m In New 4th Berth At London Gateway Logistics Hub

DP WORLD announced that it will begin work next month on a new fourth berth at its London Gateway logistics hub to increase supply...

VLGC dry dockings through Q4 to soften downward impact of newbuilds on freight rates

Dry docking activities of very large gas carriers are expected to last through Q4 2021 that could soften the downward trend of freight rates...

Baltic index rises as smaller vessels gain

The Baltic Exchange’s main dry bulk sea freight index rose for a fifth straight session on Wednesday to its highest level in more than...

Navios Holdings: Redemption of $20.0 Million of 11.25% Senior Secured Notes due 2022

Navios Holdings, a global seaborne shipping and logistics company, announced that on September 14, 2021, the Company issued a notice of redemption with respect...

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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...