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DSME Attains Annual Order Goal

Daewoo Shipbuilding & Marine Engineering (DSME) has won an order for four liquefied natural gas (LNG) carriers from an Asian client. The deal, worth...

MOL Signs Charter Deals for 4 New LNG Carriers to Serve NOVATEK

Mitsui O.S.K. Lines announced that, through a subsidiary, it has signed time charter contracts for four newbuilding liquefied natural gas carriers with NOVATEK Gas...

ABS Launches Industry-First Simulation Decarbonization Service

In an industry first, ABS has launched an advanced service using sophisticated modeling and simulation technologies to assess the impact of a wide range...

Asian and European LNG buyers bid up prices, but flows stay steady

The spot price of liquefied natural gas (LNG) in Asia is trading at record highs for this time of year amid reports that traders...

Strong demand across vessel segments powers Baltic index higher

The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Tuesday, propelled by higher rates across vessel segments. The...

Vitol orders asphalt carrier at Chengxi

Vitol has placed an order at China State Shipbuilding Corp’s Chengxi Shipyard for up to two 37,000 dwt asphalt/bitumen carriers. Delivery of the vessels...

Shipping Problems Plague Brazil’s Coffee Exports

Exports of green coffee from Brazil, the world’s largest producer, fell 27% in August from a year earlier to 2.33 million 60-kg bags as...

US soybean crop seen improving after recent favorable weather in Midwest

The outlook for the US soybean crop is improving after recent rains in the Midwest raised prospects for the yield and production. While the...

LNG bunkers promising option among many alternatives: industry experts

LNG as a marine fuel presents a viable and immediate solution to expedite decarbonization as shipping explores other options like biofuels, ammonia and methanol...

Hapag-Lloyd to limit freight surcharge increases, on top of freezing FAK

German container carrier Hapag-Lloyd said it will limit sharp increases in premiums and other surcharges, apart from a freeze in spot rates, a company...

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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...