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Wallenius Wilhelmsen enters new contract with major Asian vehicle and heavy equipment manufacturer

Wallenius Wilhelmsen has entered a one-year shipping contract commencing in 2026 with a leading Asian vehicle and heavy equipment manufacturer. The contract is estimated to...

Aker Solutions secures long-term maintenance and modifications frame agreements with Equinor

The contracts include options to extend for two additional periods of three and two years, respectively. The value of the contracts will depend on the...

Seatrade takes strategic stake in JR Shipping Group

JR Shipping Group announces that Seatrade has taken a strategic participation in the company and has become a strategic partner in the Harlingen-based JR...

Imabari shipbuilding completes acquisition of Japan Marine United

Imabari Shipbuilding says it completed the purchase of a controlling stake in Japan Marine United, or JMU, on Monday as it seeks to compete...

Iron ore rallies to multi-month high as China pledges to ease monetary policy

Iron ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top consumer China following Beijing’s...

Transocean announces contract award and extension totaling $168 million

Transocean announced a contract award and an extension, respectively, for two of its drilling rigs. Together, the fixtures represent approximately $168 million of firm...

Borr Drilling Limited – Contracting Updates

Borr Drilling Limited announced new contract commitments for two of its premium jack-up rigs. In the Americas, the Ran has received a one-well extension with...

Union Bulk names Boesen as the new chief executive officer

Union Bulk A/S chief executive officer Michael Bonderup is stepping down after 15 months in the role. Bonderup joined the dry cargo vessel operator in...

TORM plc occurrence of threshold date and change to the board

TORM plc’s issued an announcement dated 23 December 2025 regarding completion of Hafnia Limited’s acquisition of shares in TORM plc from Oaktree Capital Management,...

V. announces the acquisition of maritime fuel efficiency & decarbonisation partner Njord

V.Group (V.), the leading global marine services provider, announces the acquisition of Njord, the maritime fuel efficiency and decarbonisation partner, founded by Maersk Tankers....

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Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

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...

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...