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Ocean Network Express secures stake in Hutchison Laemchabang Terminal

Ocean Network Express has announced the signing of a share purchase agreement for a 30% stake in Hutchison Laemchabang Terminal Limited (HLT) located in...

Golden Pass LNG, QatarEnergy’s largest investment in the United States, marks historic milestone with first LNG production

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has marked a major milestone towards full operations of its LNG production and export...

Delia Shipping linked to tanker order

According to market sources, Delia Shipping has placed an order with HD Hyundai Heavy Industries in the Philippines for two 115,000 dwt LR2 clean...

MOL and Hitachi launch initiative to convert used ships into floating data centers

Mitsui O.S.K. Lines, Ltd., Hitachi, Ltd., and Hitachi Systems, Ltd. announced the signing of a Memorandum Of Understanding for the development, operation, and commercialization...

Seacon seals deal for multipurpose newbuildings

Seacon Shipping has agreed to take over contracts for four multipurpose newbuildings worth USD 44.4 million. More specifically, the company said a subsidiary has agreed...

US plans to allow Russian oil tanker into Cuba, easing crisis

The Trump administration is planning to let a Russian oil tanker dock in Cuba, alleviating an energy crisis triggered when the US prohibited deliveries...

Two India bound LPG Tankers clear strait of Hormuz

Two India-bound liquefied petroleum gas tankers carrying about 94,000 metric tons of the cooking gas have safely transited the Strait of Hormuz and are...

Houthi missile attack on Israel stokes Red Sea shipping fears

A missile attack on Israel by Iranian-backed Houthi rebels in Yemen on Saturday raises concern that Tehran’s proxies may again try to block Red...

SITC orders six vessels at Yangzijiang

In a significant move to strengthen its presence in the Intra-Asia trade lanes, Hong Kong-listed SITC International has confirmed the exercise of options for...

Trump official says Hormuz ship insurance program to launch ‘soon’ as tanker traffic struggles to recover

Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...