Shipping Herald

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels for longer while container rates surged. …

QatarEnergy is buying long-term supplies of liquefied natural gas from the US and other producers as part of a trading strategy designed to generate revenue if exports through the Strait …

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked on Wednesday by three unmanned surface vessels, or sea drones. The vessel, managed by Contships Management, …

NextDecade Corporation provided an update on developmental and strategic activities for the third quarter of 2026. CEO Commentary “During the third quarter, we maintained strong momentum on Rio Grande LNG …

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand for the company’s products and solutions …

Seatrium Limited announced that it has secured a major Floating Production Storage and Offloading integration contract valued at over S$200 million from SBM Offshore N.V. a global leader in floating …

CVC DIF, the infrastructure business of leading global private markets manager CVC, announced that it has completed the acquisition of a majority stake in Cernaval, a Spanish shipyard specialised in …

Wallenius Wilhelmsen has signed agreements for four new dual-fuel Pure Car and Truck Carriers (PCTCs) and secured options for up to eight more, expanding its fleet renewal program to provide …

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid underlying operating performance across Dry cargo …

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for the 3 months and 9 months …

Costamare Inc. reported unaudited financial results for the third quarter and nine-month period ended September 30, 2026. PROFITABILITY AND LIQUIDITY Q3 2026 Adjusted Net Income from Continuing operations1 available to …

Boluda Shipping and Samskip have signed an agreement under which Boluda Shipping will acquire Samskip. The acquisition will pave the way for Europe’s most comprehensive short-sea shipping network, connecting Northern …

Danske Bank on Thursday reported a ​third-quarter net profit above estimates, citing solid ‌customer activity and strong credit quality, and narrowed its full-year profit outlook to the upper end of …

SFL Corporation Ltd. announced that it has agreed to acquire two 8,800 TEU Container Vessels with scheduled delivery in 2027 and one 93,000 cbm dual-fuel Very Large Ammonia Carrier (VLAC) …

Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50 per share cash …

The newbuilding boom continued unabated in October, with Greek shipowners once again leading global activity for another month, placing 40 new orders, excluding options included in the agreements. The difference …

TEN, Ltd., following the conclusion of the Company’s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual dividend of $1.00 per share to …

The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color Line, subject to regulatory approval. The …

Based on the business development to date and updated estimates for the fourth quarter of 2026, the Executive Board of Hamburger Hafen und Logistik AG (HHLA) made the decision to …

Oil prices turned positive on Tuesday after a fall of about 1%, ‌earlier in the session, as the chance of talks in Tehran eased fears of a broader Middle East …

At a shipyard in northern Singapore, a yellow platform towers over a maze of scaffolding and cranes. Resembling a 15-story building, the piece will be shipped halfway around the world …

Diana Shipping CEO Semiramis Paliou outlined the five key challenges shaping the future of the dry bulk market at the North Bund International Shipping Forum 2026 in Shanghai. Speaking on …

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the Board of Directors of the Hellenic …

According to industry sources, Pavimar has ordered four Kamsarmax vessels from a Chinese shipyard. Specifically, the shipyard tasked with the construction of the four vessels is Hengli Heavy Industries, with …

Bahri, a global leader in transportation and logistics, and International Maritime Industries (IMI), the largest integrated maritime facility in the MENA region, have signed a contract for the construction of …

Alkagesta has agreed to acquire Energy Petrol, a Turkish marine fuel distribution company, marking the company’s first move into vessel ownership. The deal, covered by Bloomberg on 22 October, has …

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group Chief Executive Officer. Moretti succeeds Carlo Luzzatto, who had served as Chief Executive Officer since December …

Rigco Holding Pte Ltd (RigCo), a wholly-owned subsidiary of Keppel Ltd. (Keppel), and Seatrium Limited (Seatrium) are pleased to announce that both parties will collaborate on the completion of construction …

The Russian Defence Ministry said on Sunday that its drones had struck a cargo vessel bound for the Black Sea port of Chornomorsk in an overnight attack and another cargo …

A project to convert aging liquefied natural gas (LNG) carriers into floating storage and regasification units (FSRUs) is drawing attention as a new market in the shipbuilding industry. An FSRU …

Cheniere Energy, Inc. announced that its subsidiaries, Sabine Pass Liquefaction, LLC and Corpus Christi Liquefaction, LLC, have each entered into long-term liquefied natural gas sale and purchase agreements with QatarEnergy …

The Board of Directors of Marco Polo Marine Ltd announced that Baramgil Corporation Co., Ltd., a 90% owned subsidiary of the Company’s 49% indirect owned subsidiary, PKR Offshore Co. Ltd., …

Eastern Pacific Shipping has named Terra Clove, the world’s first ammonia dual-fuel Very Large Ammonia Carrier (VLAC), marking a significant milestone in the maritime industry’s transition towards ammonia as a …

The Ravenna CCS Phase 2 project, developed by Eni and Snam to build an integrated, multimodal CO₂ transport and storage infrastructure, has been selected by the European Commission for funding …

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major milestone in the creation of the …

The Greek finance ministry said on Thursday it was implementing sanctions in place linked to Iran and that it backed efforts to effectively combat money laundering and the financing of …

Seven Yield has agreed five-year time charters for two pure car and truck carriers (PCTCs) with a Chinese car manufacturer. Specifically, the deal concerns sisterships Siem Confucius and Siem Aristotle, …

Representatives of the government, local authorities, port authorities and the tourism industry met on board MSC Armonia · Number one in Corfu by port calls: more than 100 calls in …

Britain on Wednesday approved the Jackdaw North Sea gas field, ending years of legal and political wrangling as the Labour government seeks to balance its climate goals with energy security …

Iran’s Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in illegal oil ​transfers in the northern ⁠Persian Gulf ​were simultaneously hit ​and caught fire after being …

Brent prices rose to their highest since ‌May on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to crude …

The European Union has watered down calls for a ban on Arctic oil and gas drilling, following intense lobbying from key supplier Norway, but continues to call for hydrocarbons to …

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year 2026, which ran from October 2025 through September 2026. The results underscore the waterway’s ability to …

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each of their respective 33.9% and 30.0% …

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration in maritime decarbonisation, digitalisation and talent …

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the Iran war could make the Strait of Hormuz “redundant” in the ‌next five years, HSBC (HSBA.L), …

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only a sliver of the dark fleet, as existing contracts, complex compliance checks and sky-high freight rates …

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping market where high valuations leave little …

Aker BP and Höegh Evi have been awarded EUR 223 million from the European Union Innovation Fund for the Atlas Project, a large-scale CCS network connecting European industry with permanent …