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Maersk loses South Africa court bid blocking key port deal

A South African court dismissed a case brought by A.P. Moller-Maersk A/S against a port-expansion deal awarded to a firm headed by Filipino billionaire...

Shipping: LNG is a “protagonist” in green transition

Liquefied natural gas (LNG) is emerging as a leading player in the decarbonization of shipping, responsible for approximately 3% of global emissions. Given the...

US and EU spar ahead of vote to cut global shipping emissions

The European Union and US have squared off over a proposal to slash the global shipping industry’s carbon emissions ahead of a vote this...

Pakistan National Shipping Corporation approves $193 Million purchase of three oil tankers

The Pakistan National Shipping Corporation (PNSC) has approved the purchase of three new ships worth $193 million as part of its plan to strengthen...

China hits back on US port fees with retaliatory levies

China will slap port fees on U.S.-owned, operated, built, or flagged vessels on Tuesday as a countermeasure to U.S. port fees on China-linked ships...

US threatens visa restrictions, sanctions against UN members that back IMO emissions plan

The United States on Friday threatened to use visa restrictions and sanctions to retaliate against nations that vote in favor of a plan put...

Minerva Dry orders boxship trio in China

Minerva Dry is believed to have ordered three 3,000 TEU containerships at Penglai Zhongbai Jinglu Ship Industry, at a price of approximately USD 45...

Chartworld linked to order for up to 8 boxships

According to market sources, Chartworld Shipping has placed an order with Yangzhou Guoyu Shipbuilding for four firm and four optional 3,100 TEU containerships. The price...

BP wins arbitration case against Venture Global over LNG cargoes

BP BP.L has won its arbitration case against Venture Global VG.N over the U.S. supplier’s failure to deliver liquefied natural gas under a long-term...

Maersk shares hit three-month low on prospect of Gaza deal reopening Red Sea route

Maersk shares fell on Thursday on expectations a Gaza ceasefire deal could eventually restore container shipping routes through the Red Sea and Suez Canal,...

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...