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Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to address the situation in the Strait of Hormuz, where around...

Noble Corporation announces first quarter 2026 results

Noble Corporation plc reported first quarter 2026 results. Three Months Ended(in millions, except per share amounts)March 31, 2026March 31, 2025December 31, 2025Total Revenue$                786$                874$                764Contract Drilling Services Revenue743832705Net...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris Chrysostomou named Deputy Chief Executive Officer, the company announced. Hadjipetrou, a...

YZJ Maritime orders 10 newbuilds, brings fleet to 105

Maritime asset manager Yangzijiang (YZJ) Maritime Development has ordered 10 newbuilds to increase its portfolio to 105 vessels, of which 53 are under construction,...

Scorpio Tankers announces new credit facility

Scorpio Tankers Inc. announced that the Company has received a commitment from Bank of America for a credit facility of up to $50 million....

Hanwha Ocean’s Q1 OP jumps 70.6% on high-value vessel orders

South Korean shipbuilder Hanwha Ocean Co. saw its operating profit soar more than 70 percent in the first quarter of this year from a...

Hanwha Ocean and Leidos to strengthen U.S. and allied naval shipbuilding

Hanwha Ocean and Leidos are collaborating to advance next-generation naval ship design, strengthen U.S. shipbuilding capacity, and pursue opportunities across global defense markets. Hanwha Ocean’s...

Danaos linked to Newcastlemax deal

Danaos Corporation, led by Dr. Ioannis Koustas, is moving forward with a new strategic initiative in the dry bulk sector, having reached an agreement...

Top Ships secures $50 million equity facility

According to a relevant filing, Top Ships has signed a Common Share Purchase Agreement with B. Riley Principal Capital II, giving the firm the...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing of a Memorandum of Understanding to support PIL’s participation in...

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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...

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

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

Odfjell SE 1Q26: Solid operational performance amid market uncertainty

Odfjell SE reported its results for the first quarter of 2026. The quarter saw further escalation of geopolitical volatility and uncertainty across global markets....

Excelerate Energy reports first quarter 2026 results

Excelerate Energy, reported its financial results for the first quarter ended March 31, 2026. RECENT HIGHLIGHTS Reported Net Income of $50.0 million for the first quarter Reported...

Genco Shipping & Trading Limited announces Q1 2026 financial results

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the...

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...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

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...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...