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Performance Shipping Inc. Announces Sale of 2009-Built Aframax Vessel M/T P. Sophia for US$35.65 Million

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has signed a...

Genco reports best quarterly results since 2022

Genco reported its financial results for the three months and twelve months ended December 31, 2025.

Containerships: Freight rates enter prolonged downtrend

The global container shipping market is entering a downward phase, as spot market rates decline for the fifth consecutive week. The downward trend in rates...

Chevron-led Consortium signs contracts for gas exploration off Greece

A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the...

Aker Solutions awarded long-term MMO frame agreement by Aker BP

Aker Solutions has been awarded a major five-year contract with Aker BP for Maintenance, Modification and Operation services (MMO). The contract covers all Aker...

Havila Shipping ASA: Contract with TotalEnergies for PSV Havila Herøy

The company has signed contract with TotalEnergies EP Norge AS for the PSV Havila Herøy.The contract is for an operation planned to be 136...

SeaLead appoints Cho Kit Wei as chief executive officer

SeaLead announced the appointment of Cho Kit Wei as Chief Executive Officer of SeaLead, effective 2 March 2026. Kit currently serves as Chief Operating...

ZIM to be acquired by Hapag-Lloyd in $4.2 billion deal

ZIM Integrated Shipping Services Ltd. announced that it has entered into a merger agreement, under which Hapag-Lloyd will acquire ZIM for $35.00 per share...

APM Terminals and Eurogate plan to turn NTB into one of the most modern and efficient terminals in Europe – 1bn Euro investment for...

APM Terminals, a subsidiary of A.P. Moller – Maersk (Maersk), and Eurogate aim for and are in advanced negotiations for a long-term partnership under...

DP World announces appointment of chairman and Group CEO

 DP World Limited announces that Group Chairman and CEO, Sultan Ahmed bin Sulayem has resigned from the company, effective immediately.  The Board announces that His...

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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...