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Editor’s Picks

Scorpio Tankers announces agreements to construct VLCCs

Scorpio Tankers announced that it has signed letters of intent to construct two Very Large Crude Carriers at Hanwha Ocean Co. Ltd., South Korea. ...

United Maritime delivers “solid profitability” in Q3

United Maritime Corporation, announced its financial results for the third quarter and nine months ended September 30, 2025. The Company also declared a quarterly...

Akrotiri Tankers orders LR1 units in China – report

According to TradeWinds, Akrotiri Tankers has ordered its first newbuildings ever. Specifically, the shipping company has reportedly ordered a pair of LR1 units at New...

Diana Shipping announces time charter contract for M/V Santa Barbara with Norden

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned...

Genco Shipping & Trading Limited adopts amendment to limited duration shareholder rights plan to protect the best interests of shareholders

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced that its Board of Directors...

Scorpio Tankers announces agreements to sell four mr product tankers and to purchase four MR newbuilding vessels

Scorpio Tankers announced that it has entered into agreements to sell four of its 2014 built MR product tankers and has agreed to purchase...

Performance Shipping secures three-year time charter contracts with repsol for two newly acquired modern suezmax tankers at US$36,500 per day each

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that the Company has entered into long-term time charter...

Navios Partners sells oldest VLCC for USD 52.5 million

Navios Maritime Partners has reportedly sold the Nave Quasar (297,000 dwt / 2010) to an undisclosed buyer at the price of USD 52.5 million. The...

EuroHoldings announces agreement to acquire one 49,997 DWT Product Tanker Vessel, M/T Hellas Avatar, built in 2015

EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, announced that it has signed a Memorandum of Agreement (MoA) to...

EcoLog, DESFA clinch EU funding for CO2 FLSU unit in Greece

DESFA proudly announces that the APOLLOCO₂ project has been awarded €169.3 million in funding under the EU’s 5th Innovation Fund Large-Scale Projects Call, marking...

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United Maritime delivers “solid profitability” in Q3

United Maritime Corporation, announced its financial results for the third quarter and nine months ended September 30, 2025. The Company also declared a quarterly...

Venture Global posts third-quarter profit

Venture Global has reported financial results for the quarter ended September 30, 2025.  As a reminder, Venture Global will host a conference call for investors...

Global Ship Lease reports third quarter net income of $92.6 million

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and nine-month periods ended September 30, 2025. Third Quarter of...

Maersk slides as investors brace for ‘Bleak’ quarters ahead

A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping giant’s full-year profit guidance. Maersk’s underlying earnings before interest, tax,...

International Seaways reports third quarter 2025 results

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the...

Yemen’s Houthi rebels signal that they’ve stopped attacks on Israel and Red Sea shipping

Yemen’s Houthi rebels are signaling they’ve stopped their attacks against Israel and shipping in...

John McDonald appointed ABS Chairman and CEO

The ABS Board of Directors has elected John McDonald as the new Chairman and...

Baltic Index edges down on weak capesize rates

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

Buksér og Berging and Svitzer join forces

Global towage and marine solutions provider, Svitzer Group A/S (Svitzer), has acquired a 66.6%...

Baltic Index slips as capesize rates decline

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

Long Beach Board of Harbor Commissioners approves agreement with SCAQMD for Cleaner AirPort

The Long Beach Board of Harbor Commissioners voted unanimously Monday to approve a cooperative agreement with the South Coast Air Quality Management District and...

Piraeus Port Authority participates in 8th CIIE in Shanghai

The Piraeus Port Authority (PPA), whose CEO is Su Xudong, participated in the 8th China International Import Expo (CIIE), the largest international event dedicated...

AD Ports Group signs agreement with CMA CGM Group to acquire minority stake in Latakia International Container Terminal in Syria

AD Ports Group, a leading global enabler of trade, logistics, and industry, signed a Joint Venture and Shareholders agreement with France-based CMA CGM Group,...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....