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d’Amico acquires two new vessels for USD45.4 million each

d'Amico International Shipping has announced the purchase of two new Medium Range 2 product tanker vessels. The transaction was carried out by its subsidiary...

Yangzijiang Shipbuilding to buy 10% Poseidon stake for $1.05b in cash

Yangzijiang Shipbuilding (Holdings) Ltd. has signed definitive agreements to acquire a 10% equity interest in Poseidon Corp. for an aggregate consideration of $1.05b (US$825.7m). The...

Navigator Gas announces preliminary fourth quarter 2025 results (Unaudited)

Navigator Gas has released its preliminary financial results for the fourth quarter of 2025. Fourth Quarter Financial Highlights On March 11, 2026, pursuant to the Company's...

Greek-owned tanker crew ‘safe and well’ in the Persian Gulf

All 22 Georgian crew members aboard a Greek-owned tanker with Maltese flag are reported to be in good health after the vessel was struck...

Robin Energy announces proposed spin-off of its tanker business

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announces that its Board of Directors has decided, at the recommendation of...

Imperial Petroleum Inc. declares dividend on series a preferred shares

Imperial Petroleum Inc., a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, announced a dividend of $0.546875 per share on...

Imperial Petroleum announces $10 million share repurchase program

Imperial Petroleum Inc. announced that its Board of Directors has approved a share repurchase program and authorized the officers of the Company to repurchase,...

International Maritime Union in Greece welcomes new EU Ports Strategy

The International Maritime Union in Greece welcomes the new EU Ports Strategy promoted by the European Commission, which aims to strengthen the competitiveness, safety,...

Strait of Hormuz remains shut to almost all non-Iran-linked ships

The Strait of Hormuz remains effectively closed to almost all but Iran-linked traffic with the conflict in the Middle East now in its second...

Pangaea Logistics Solutions Ltd. reports financial results for the fourth quarter ended December 31, 2025

Pangaea Logistics Solutions Ltd., a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended December 31, 2025. FOURTH...

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COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Q3 2026: KONGSBERG delivers a strong third quarter with a record-high order backlog

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand...

Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...