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Editor’s Picks

Celestyal Wins 4 Awards At 10th Anniversary Of Greek Tourism Awards

Celestyal, the award-winning number one choice for travelers to the Greek Islands and the Eastern Mediterranean, was honored for the 10th consecutive year at...

Capital Product Partners Announces First Quarter 2023 Financial Results

Capital Product Partners L.P., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2023. Highlights  Three-month periods ended...

Genco Announces First Quarter Financial Results

Genco , the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months ended...

Diana Shipping: Completion of JV for Acquisition of “DSI Drammen”

Diana Shipping announced that through a limited partnership it signed an investment agreement for the acquisition by a Norwegian entity of a 75% partnership...

Toro Corp. announces the en bloc acquisition of four LPG vessels

Toro, an international energy transportation services company, announced that on April 26, 2023, the Company, through four wholly owned subsidiaries, entered into agreements with...

GasLog Partners LP Reports Financial Results for 1Q 2023

GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, reported its financial...

Diana Shipping: Time Charter Contract for m/v Astarte With Reachy

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte. Ltd., for...

Dynacom Tankers linked to order for up to 14 newbuildings

According to market sources, Dynacom Tankers Management has made ten firm and four optional orders for LR2 product carriers at DSIC Shanhaiguan Shipbuilding Industry...

Excelerate concludes FSRU buy from Maran Gas

Excelerate Energy has completed the acquisition of 173,400 cbm FSRU Sequoia from Maran Gas at the price of USD 265 million. The FSRU is currently...

Diana takes out USD 100 million loan to refinance debt maturing by May 2024

Diana Shipping announced that on April 12, 2023, it signed a term loan facility with Danish Ship Finance A/S for up to US$100 million...

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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...