Maersk raises 2026 guidance as Ocean earnings surge in third quarter
DHL forwarding division reports 30.4% year-on-year airfreight revenue growth to €1.5B in Q3Gains offset by some customer volume migration to express s…
Gains offset by some customer volume migration to express services, signaling price sensitivity in recovery market.
HEA Energy snaps up Subsea7's six-ship heavy transport business
Abu Dhabi-based HEA Energy has struck a deal to acquire Subsea7's heavy transportation business, adding a six-vessel operation to its growin…
Finland jails captain and crew member over Baltic cable sabotage
A Finnish court has sentenced the captain and a crew member of the general cargo ship Fitburg to prison for deliberately damaging two subsea…
Seacon snaps up fresh tanker in $19.6m deal
Hong Kong-listed Seacon Shipping has struck a $19.6m deal for a newly built oil and chemical tanker, adding to its fleet amid reports of a f…
A paperwork detention in the Arctic, and why shipping should care
Norwegian inspectors boarded a Chinese-owned heavy-lift ship and found that it had no valid flag registration and lacked the required certif…
Navios adds $215m tanker trio to newbuild pipeline
Angeliki Frangou's Navios Maritime Partners has revealed another $215.2m in tanker newbuilding acquisitions, adding a VLCC and two MR produc…
Odfjell locks in two more tanker newbuilds for 2029
Norwegian chemical tanker owner Odfjell has lined up another two 40,000 dwt stainless steel newbuildings in Japan, extending its fleet renew…
PIL orders seven methanol-ready feeder containerships in China
Pacific International Lines (PIL) has ordered seven new methanol-ready feeder containerships from Huanghai Shipbuilding in China, as part of…