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Tsakos Group is the largest duel fuel ship operator in the world

The Tsakos Group has become the largest shipping company with dual fuel ships and has launched a green investment program worth 2 billion dollars. As...

Houthi rebels to halt military operations against most ships in Red Sea: sources

Houthi rebels have said they will halt their military operations against most ships in the Red Sea, tanker chartering sources and brokers in Singapore,...

China’s shipbuilding remains robust but growing capacity weighs on steel plate market

China’s shipbuilding remained robust in 2024, and is likely to maintain strong growth momentum in 2025, which would benefit the steel plate market. However,...

Baltic index falls to 19-month low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit its lowest in more than 19...

Oil Supertanker Rates on China Routes Double Since Sanctions

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the extent...

Wood wins significant new maintenance contract with Esso Australia

John Wood Group PLC (‘Wood’) has been awarded a significant new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland...

Celsius Tankers places LNG order at Samsung Heavy Industries

Celsius Tankers has ordered an LNG carrier newbuilding priced at KRW 379.6bn ($261.5m) at Samsung Heavy Industries. The company is set to take delivery of...

Marubeni and MOL Establish New Company Venture in the Nature-based Carbon Removal Credit Business

Marubeni Corporation and Mitsui O.S.K. Lines, Ltd. announced that the two companies have entered into a shareholders agreement to jointly establish a new company,...

George Alexandratos to lead Hellenic Chamber of Shipping

George Alexandratos will succeed George Pateras at the helm of the Hellenic Chamber of Shipping following the latter’s decision to step down after 9...

AD Ports Group expands cooperation with Kazakh Partners

Noatum Maritime, the Maritime & Shipping arm of AD Ports Group, a leading facilitator of global trade, logistics, and industry, has strengthened its collaboration...

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d‘Amico International Shipping sees rise in earnings

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, examined and approved...

International Seaways posts record quarterly net income; matches record dividend

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the third...

Dorian LPG announces record earnings in Q2

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers reported its financial results for the three months ended September...

Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces its results for the three months...

SFL – Third quarter 2026 results

SFL Corporation Ltd. announced preliminary financial results for the quarter ended September 30, 2026. Highlights 91st consecutive quarterly dividend declared, $0.22 per share Total operating revenues of...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

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...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

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...