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IMO’s medium-term fuel fines could reach 100 billion dollars by 2035

The transition to sustainable shipping is no longer an option but an obligation – and the cost is high. Top executives from the shipping industry...

Trump’s tariffs can continue for now, appeals court rules

A federal court of appeals granted the Justice Department’s request Thursday to stay the decision that halted many of President Donald Trump’s recently imposed...

Noble innovator contract with BP extended

Noble Corporation (Noble) has announced a new contract with BP for the Noble Innovator to drill 6 firm wells for the Northern Endurance Partnership...

Navigare Shipping: Long-term charter for mini-bulkers

Navigare Shipping & Logistics has entered into a long-term charter agreement for four Groot 5200 XL mini-bulkers with Briese Schiffahrts and Futurum Shipping. The collaboration...

Eni: exclusivity agreement signed with GIP for the potential sale of a co-control stake in Eni CCUS Holding

Eni has signed an agreement to enter into a period of exclusivity with Global Infrastructure Partners, a leading global infrastructure investor and a part...

Euroseas announces agreement to sell its 2005-built 6,350 teu intermediate containership, M/V Marcos V

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced that it has signed an...

Diana Shipping posts growing profit in Q1; keeps dividend steady

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $3.0 million and...

Dalian iron ore rebounds after US court halts Trump’s tariffs

Iron ore futures snapped a four-day losing streak on Thursday, buoyed by upbeat market sentiment after a U.S. federal court blocked President Donald Trump’s...

Baltic index near two-week peak on higher capesize vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday on higher rates for...

Lomarlabs and BlueNose join forces to advance aerodynamic innovations in shipping

Lomarlabs, an innovation arm of Lomar Shipping, has teamed up with maritime technology company BlueNose to optimize ship aerodynamics, targeting a reduction of fuel...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion...

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...