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The “boats of legality”: How the Lega Navale Italiana brings back to new life sailing yachts seized from migrant smugglers and drug traffickers

September 3, 2025

Subsea7 awarded contract offshore US

Subsea7 today announced the award of a sizeable1 contract by LLOG Exploration Offshore L.L.C.,...

DOF Group ASA – Two contract awards in the APAC region

DOF Group ASA announced the award of two contracts in the APAC region. ‍The first...

MOL signs a project finance agreement for FSRU project in Singapore

Mitsui O.S.K. Lines, Ltd. announced the signing of a project finance agreement with a...

Intermodal Weekly Market Report [W51]

While the war in Ukraine remains unresolved, any meaningful deescalation arising from ongoing peace...

Iron ore slips as mill maintenance, rising China port stocks weigh

Iron ore futures prices closed lower on Tuesday, weighed by steel mills undergoing annual...

Baltic Index falls to five-month low as vessel rates decline across the board

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting...

Editor’s Picks

Celestyal celebrates Celestyal Discovery’s Arabian Gulf debut

Celestyal has held a series of plaque exchange ceremonies to mark Celestyal Discovery’s debut...

Diana Shipping announces time charter contract for m/v Myrsini with Paralos Shipping

Okeanis Eco Tankers Corp. – New Financings Update

Celestyal hosts global fam trip in Arabian Gulf

Dry Cargo

Diana Shipping announces time charter contract for m/v Myrsini with Paralos Shipping

Star Bulk provides update for its q4 2025 TCE and coverage

Signal and Bluepool partner up to bring more value to the pooling landscape

Castor Maritime sees strong increase in Q3 net profitability

Diana Shipping announces Time Charter Contract for M/V P. S. Palios with Glencore

Tankers

Heidmar Maritime Holdings Corp. maintains momentum with additions to managed fleet

US pursuing third oil tanker near Venezuela, officials say

SFL – Sale of Suezmax Tankers and termination of charters

Okeanis Eco Tankers Corp. – New Financings Update

Greek shipowners’ multidimensional presence

Containers

ZIM board updates on ongoing strategic review process

DHL and CMA CGM accelerate decarbonization of ocean freight with joint biofuel initiative

Hapag-Lloyd orders eight new dual-fuel methanol container ships

ONE Boxship loses containers overboard off Gran Canaria

Euroseas announces 3-Year forward charter contracts for three of its Modern 2,800 TEU Containerships

Gas

NYK Group signs heads of agreements with JERA on low -carbon ammonia marine transport

CMB.TECH invests in Chinese ammonia supply

STEALTHGAS provides update in relation to its LPG Carrier Eco Wizard

Knutsen seals Edison deal, orders new LNG carrier

Fluor joint venture hands over second production train to LNG Canada

Offshore

Subsea7 awarded contract offshore US

DOF Group ASA – Two contract awards in the APAC region

DOF Group ASA: Project awards in the Atlantic region and contract award in the North America region

Saipem awarded an offshore EPCI contract in Qatar worth approximately 3,1 billion USD

Resolution of dispute with Maersk’s Affiliate, Phoenix II A/S

Shipbuilding

MOL signs a project finance agreement for FSRU project in Singapore

DryDel strengthens its footprint in Capes

ClassNK issues approval in principle for Multiple Alternative Fuels Ready and OCCS Ready Bulk Carrier by Oshima Shipbuilding

Wan Hai Lines orders six LNG dual-fuel-ready 6,000-TEU ships in deal worth up to $492m

Bulk carriers: Greek shipowners return to shipbuilding

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market reports

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Finance & Economy

Shipping News

Ports

Carnival Corporation & plc achieves record full year adjusted net income and investment grade leverage metrics, reinstates dividend

Carnival Corporation & plc announced financial results for the fourth quarter and full year 2025 and provided an outlook for the first quarter and...

IMPERIAL PETROLEUM reports third quarter and nine months 2025 financial and operating results

IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and...

KCC Capital Markets Day – Fleet expansion and optimization supporting continued profitable growth and value creation

Klaveness Combination Carriers ASA hosts its Capital Markets Day at the company’s headquarters in Oslo. At the event, KCC presents its strategy for 2026–2030;...

Trafigura publishes 2025 Annual Results

Trafigura Group Pte Ltd, a global leader in the commodities industry, announced its financial results for the 12-month period ending 30 September 2025. Chief Executive...

Castor Maritime sees strong increase in Q3 net profitability

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and nine months ended September 30, 2025. Highlights...

Intermodal Weekly Market Report [W51]

While the war in Ukraine remains unresolved, any meaningful deescalation arising from ongoing peace...

Baltic Index falls to five-month low as vessel rates decline across the board

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting...

Celestyal celebrates Celestyal Discovery’s Arabian Gulf debut

Celestyal has held a series of plaque exchange ceremonies to mark Celestyal Discovery’s debut...

Golden Island appoints Capt Kevin Wong as chief operating officer

Singapore-based marine fuels supplier Golden Island has appointed Capt. Kevin Wong as Chief Operating...

Baltic Index falls as vessel rates slide across all segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting...

Port of Patras: Patradise Marina, cruises and new development projects in focus

A working meeting with the Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, was held on Tuesday by the President and CEO of...

Port of Los Angeles on track for third best cargo year on record

The Port of Los Angeles processed 782,249 Twenty-Foot Equivalent Units (TEUs) in November, a decrease of 12% compared to last year’s elevated cargo levels....

China ups demand to controlling stake in Panama ports deal, WSJ reports

China has upped its demands and is now pushing for state-owned ship operator Cosco to get a controlling stake in a $22.8 billion ports...

PPA’s five-year plan based on three pillars

The new five-year business plan of the port of Piraeus focuses on the utilization of more financial tools, its strengthening as a key transit...

Skaramangas Shipyards becomes Green Award Incentive Provider, strengthening support from a growing European shipyard

The Green Award Foundation welcomes Skaramangas Shipyards, the largest shipyard in Greece and one of the most significant shipbuilding and repair facilities in the...

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