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bp appoints deputy chief executive officer

bp announced the appointment of Carol Howle as deputy chief executive officer, effective immediately. Carol will continue to lead supply, trading and shipping (ST&S) and...

Byzantine Maritime linked to order for two LPG ships

Byzantine Maritime has reportedly ordered two 40,000 dwt LPG vessels from the HD Hyundai Heavy Industries shipyard in South Korea, returning to the market...

Carlova Maritime orders second VLCC in S. Korea

Carlova Maritime has reportedly ordered a second 300,000 dwt VLCC from South Korea’s Hanwha Ocean shipyard. The first of the two ships is expected to...

UAE says the use of Hormuz must be guaranteed in any US-Iran deal

UAE official Anwar Gargash said any settlement of the U.S.-Iran war must guarantee access through the Strait of ​Hormuz, warning that a deal that...

Union of Greek Shipowners: Travlos meets Commissioner Tzitzikostas

The President of the Union of Greek Shipowners, Melina Travlos, together with members of the Board of Directors, welcomed the European Commissioner for Sustainable...

Triple shock hits the tanker market

The tanker market is facing three simultaneous, unprecedented disruptions in global crude supply. According to Maria Bertzeletou, Chief Analyst at Signal Group, these events involve...

Iran says Iraqi ships are allowed to use Strait of Hormuz

The Iranian military said major oil producer Iraq is exempt from shipping restrictions in the Strait of Hormuz, a potentially significant move for global...

Zhonggu Logistics expands fleet with 10-ship order at Wuhan Qingshan

In a significant move that underscores the continued expansion of intra-Asian trade routes, Shanghai-listed Zhonggu Logistics has announced a substantial investment in fleet modernization....

French-owned CMA CGM container ship passes Strait of Hormuz, data shows

A ‌container ship belonging to French shipping group CMA CGM has passed through the Strait of Hormuz, MarineTraffic vessel tracking data shows, in a...

Toro Corp. announces $60.0 million revolving credit facility

Toro Corp., a global energy transportation services provider, announced the signing of a $60.0 million revolving credit facility with a leading European Financial Institution. The...

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HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Capital Clean Energy Carriers Corp. announces first quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2026. Key Highlights Completed an...

Stainless Tankers announces financial results, reshapes leadership

Stainless Tankers ASA announces results for the three-month period ended March 31, 2026, Chairman and CEO change. Highlights Net loss of $0.06 million, on net revenue...

CLIA’s high-level Policy Event in Greece Highlights Cruise Growth, island communities, economic impact and...

· CLIA hosted a high-level Policy Event in Athens in collaboration with the Deputy...

Trump administration launches nuclear-powered shipping initiative

U.S. Transportation Secretary Sean P. Duffy and the Maritime Administration (MARAD) today launched an...

DP World launches end-to-end cargo war risk insurance for middle east trade

DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses...

CMA CGM containership confirmed attacked in Hormuz, crew injured

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

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...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...