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NAT Announces Purchase of Suezmax Tanker

Nordic American Tankers announced a purchase agreement for a suezmax tanker. The vessel was built by a yard in South Korea and has been operated...

Pyxis: Valentis sees strong product tanker demand through 2024

Pyxis Tankers chairman and CEO Valentios Valentis spoke to Thomas Warner from Proactive Investors about how the tanker operator has been performing since his...

Strongest September on Record at Port of Long Beach

The Port of Long Beach achieved its busiest September on record, boosted by consumer demand for holiday-related goods, recent ratification of a labor pact...

Suezmax rates in Med spike on support from USGC, West Africa

Suezmax dirty tanker freight rates for deliveries on routes across the Mediterranean have spiked over the past week, in line with big rises in...

Russia’s western sea port oil exports seen falling as refinery runs rise – sources

Russia’s oil exports via its western sea ports in November may fall by some 300,000 barrels per day (bpd) after ample supplies in September-October...

Baltic index slips from near 15-month peak as capesize rates fall

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped from a near 15-month high, as capesize rates...

Safeen joins forces with Socar in Azerbaijan

SAFEEN Group, part of AD Ports Group (ADX: ADPORTS), the leading facilitator of global trade, logistics, and industry, has inked a Memorandum of Understanding...

Shipping Industry Set to Miss 2030 Zero-Emission Fuel Target

The world is not on track for zero-emission fuels to account for 5% of international shipping fuels by 2030, a new analysis has found,...

Transocean Adds $745 Million to Contract Backlog

Transocean issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. This...

Celestyal Celebrates Recent Launch Of Newest Addition To Fleet

Celestyal is thrilled to announce the official launch of the newest addition to our fleet, the Celestyal Journey. To mark this momentous occasion, we...

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Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...