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Scorpio Tankers Announces the Exercise of Purchase Options on Six Ships

Scorpio Tankers announced that it has exercised the purchase options on six ships. The Company has given notice to exercise its purchase options on two...

ZIM Reports Net Income of $417 Million for the Fourth Quarter of 2022

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced its consolidated results for the three and twelve months ended December 31,...

Port of Hedland February Iron Ore Exports 2% Down

Pilbara Ports Authority has delivered a total monthly throughput of 54.8 million tonnes (Mt) for February 2023. This throughput was a five per cent increase...

Strong vessel demand drives Baltic index to over 11-week high

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over 11-week high on Monday, propelled...

CLIA and SEA Europe announce Joint Declaration calling for the EU to include cruise ship building and maritime technology in the Net Zero Industry...

Cruise lines, shipyards and marine equipment manufacturers have issued a Joint Declaration calling on the European Commission and European governments to include cruise ship...

Biden Issues Limits On Oil Drilling In Alaska, Arctic Ocean

U.S. President Joe Biden will prevent or limit oil drilling in 13 million acres of Alaska and the Arctic Ocean, the Associated Press reported...

DP World’s Pusan terminal is world’s first to implement BOXBAY high-bay storage system

DP World has announced the first commercial use of its revolutionary BOXBAY high-bay storage system at their terminal in Pusan, South Korea. A contract was...

China props up U.S. corn, soy exports as other buyers stay quieter than usual

U.S. soybean exports flirted with record highs at the start of 2023 while corn shipments slacked, owing to last year’s huge Brazilian corn crop...

China may take steps to curb surging iron ore prices – state media

Chinese regulators may take steps to curb surging iron ore prices, the state-owned Shanghai Securities Journal said on Friday, without providing details on any...

Pyxis Tankers Announces Sale of Oldest Product Tanker

Pyxis Tankers, an international pure play product tanker company, announced that it has agreed to sell the vessel Pyxis Malou, 2009 built 50,667 dwt....

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

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.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

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...