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Editor’s Picks

Latsco Enters VLCC Sector

Latsco Shipping will add to its fleet in 2022 four newly built VLCC type tankers. which were built at the Hyundai Heavy Industries shipyards...

Okeanis Takes Delivery of VLCC Newbuilding

Okeanis Eco Tankers Corp. announced that it has taken delivery of the VLCC NISSOS NIKOURIA. The Vessel was delivered from Hyundai Heavy Industries in...

Safe Bulkers: Acquisition of Two Kamsarmax Class Newbuild Vessels

Safe Bulkers announced that it has entered into an agreement for the acquisition of two Chinese dry-bulk, 82,500 dwt, Kamsarmax class vessels, at attractive...

Seanergy reports strongest ever first quarter of a year

Seanergy announced its financial results for the first quarter ended March 31, 2022 and declared a quarterly dividend of $0.025 per share. Highlights of the...

Imperial Petroleum acquires suezmax duo

Imperial Petroleum announced it has acquired two suezmax tankers from an unaffiliated third party at the price of $46.8 million. The vessels were built in...

Dorian LPG sees drop in quarterly earnings as bunker prices hit rate returns

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers, reported its financial results for the three months and fiscal...

Safe Bulkers Announces Acquisition of Capesize Bulk Carrier

Safe Bulkers announced that it has entered into an agreement for the acquisition of a 2012-built, Chinese, dry-bulk, 176,000 dwt, Capesize class vessel, to...

Costamare: Closing of $500 Million Syndicated Loan Facility

Costamare announced the closing of a 5-year syndicated loan facility for an amount of up to $500 million. Proceeds from the loan will be...

Safe Bulkers sees profit rise in first quarter on robust bulker markets

Safe Bulkers announced its unaudited financial results for the three month period ended March 31, 2022. The Board of Directors of the Company also declared...

Euroseas set to keep paying dividend over next 3 years

Euroseas announced its results for the three-month period ended March 31, 2022 and a share repurchase program and declared a common stock dividend. First Quarter...

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NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Europe targets shadow fleet tankers falsely flying Cameroon Flag, sources say

Europe is taking tougher action against tankers falsely using Cameroon’s flag registry to transport...

Celestyal to go west with new Mediterranean Odyssey sailings

Celestyal has unveiled its first dedicated Western Mediterranean programme, introducing a new 14-night voyage...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...