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BP, Shell seeking US licenses for gas fields shared with Venezuela, Trinidad Minister says

Shell SHEL.L and BP BP.L are seeking U.S. licenses to extract natural gas from fields in Trinidad and Tobago and Venezuela, the Caribbean country’s...

Milaha announces 13% growth in its net profit for 2025, reaching QR 1.271 billion

Qatar Navigation Q.P.S.C. (“Milaha”) announced its financial results for the year ended December 31, 2025.Key financial highlights: - Operating revenues of QAR 3.33 billion for...

Stolt-Nielsen limited reports fourth quarter net profit of $59.6 million

Stolt-Nielsen Limited reported unaudited results for the fourth quarter and full year ended November 30, 2025. The Company reported a fourth-quarter net profit of...

MSC revives mid-sized newbuild strategy with Yangzhou Guoyu order

Mediterranean Shipping Co is returning to the mid-sized containership segment after years of focusing almost exclusively on mega-tonnage, with a fresh newbuilding deal in...

Cadeler signs preferred supplier agreement for foundation installation in 2028

Cadeler announced that it has signed a preferred supplier agreement (PSA) with an undisclosed client for the transportation and installation (T&I) of monopiles and...

CMA CGM and Stonepeak announce groundbreaking terminal Joint Venture, UNITED PORTS LLC

The CMA CGM Group, a global player in sea, land, air and logistics solutions, and Stonepeak, a leading alternative investment firm specializing in infrastructure...

Evergreen orders 23 boxships at two shipyards

Evergreen Marine has proceeded shipbuilding orders for 23 vessels with two Chinese shipyards worth up to approximately $1.5 billion. The contracts were approved by Evergreen...

MOL, ONGC sign charter contract for two very large ethane carriers

Japan’s Mitsui O.S.K. Lines, Ltd, the world’s second largest fleet owner by fleet size, on Tuesday signed a 15-year charter contract with state-owned Oil...

Ports: National planning enters the final phase

The strategic planning for Greek ports and marinas is entering a crucial phase, with the Growthfund preparing to announce the contractor for the holistic...

Poten sees five developments for tankers in 2026

2026 is expected to be another year of strong fluctuations for the tanker market. History shows that it is difficult to predict the course of...

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NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

Robin Energy Ltd. reports results for the three months ended March 31, 2026

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announced its results for the three months ended March 31, 2026.Highlights of...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

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...