Scorpio Tankers lifts Dalian LR2 order to four ships
Scorpio Tankers has declared options for two more scrubber-fitted LR2 product tankers at China’s Dalian Shipbuilding Industry Co, doubling its order at the ya...
Latest Shipping & Logistics News
10,565 articlesLX Pantos acquires major logistics hub in Poland
LX Pantos has acquired a large logistics center in Poland. The deal strengthens its footprint in Europe and expands support for Korean companies operating in th...
OCEAN carriers and ONE to reduce exposure to tanking transatlantic trade
The OCEAN Alliance and ONE are going to cut their transatlantic capacity as rates continue heading south.OCEAN, comprising CMA CGM, COSCO Shipping Lines, and Ev...
Maersk’s ASTRID MAERSK makes first Suez Canal transit
The Suez Canal witnessed the transit of container ship ASTRID MAERSK on its maiden voyage through the waterway. The vessel is the largest Maersk container ship ...
Danaos reports fourth quarter and full-year 2025 results
Danaos Corporation reported unaudited results for the fourth quarter and year ended December 31, 2025, highlighting new financing transactions, fleet expansion,...
Hahn & Co sells 10 VLCCs from SK Shipping to Pan Ocean
South Korean private equity giant Hahn & Company is selling 10 very large crude carriers operated by SK Shipping to Pan Ocean for KRW973.7bn ($694m). The deal, ...
Leonhardt & Blumberg adds to MR tanker run at GSI
Germany’s Leonhardt & Blumberg is pressing ahead with its expansion in the MR tanker segment, placing follow-on orders at China’s Guangzhou Shipyard Interna...
Hiab improves operating margin in 2025 despite lower sales
Hiab reported a solid financial performance in 2025, despite a challenging market environment marked by trade tensions and economic uncertainty.The company reco...
Oldendorff lets go of two post-panamaxes
Henning Oldendorff-led Oldendorff Carriers has joined the sales wagon, with sources telling Splash the German owner has offloaded two post-panamax units. The 11...
Saltchuk snaps up Great Lakes Dredge & Dock in $1.5bn deal
Saltchuk Resources is expanding its US maritime footprint with a definitive agreement to acquire Great Lakes Dredge & Dock for $1.5bn in an all‑cash trans...
Harbour Energy enters US Gulf with $3.2bn LLOG acquisition
UK-based oil and gas producer Harbour Energy has acquired US exploration and production company LLOG Exploration for $3.2bn, marking the company’s entry into ...
Prysmian buys Spanish subsea cable installation specialist for $200m
Italian cabling giant Prysmian has acquired a Spain-based submarine cable installation specialist, ACSM.ACSM, based in Vigo, also undertakes subsea surveying, r...