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OSG Announces Charter Option Extensions for Vessels Leased from American Shipping Company

Overseas Shipholding Group, Inc. (NYSE: OSG) (“OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets,...

Global crop protection market provisionally up 6% in 2022

The global chemical-based crop protection market is expected to have recorded 6.2% growth in 2022 to $69,256 million at the ex-manufacturer level, according to...

Infrastructure upgrade and reconstruction works at the Perama Ship Repair Zone completed

Piraeus Port Authority (PPA S.A.) announced the successful completion of large-scale infrastructure upgrade works at the Eastern side of Pier II at the Perama...

Korean Shipbuilders 2nd in Global Order Standings in November

Korean shipbuilders placed second behind China in the global ship order rankings in November. If this trend holds, there is a high possibility that...

Baltic index up as capes hit six-week high

The Baltic Exchange’s dry bulk sea freight index rose for a third straight session on Thursday, helped by stronger demand for capesize vessels. The overall...

CMA CGM to acquire flagship terminals in the Port of New York and New Jersey

The CMA CGM Group, a global player in sea, land, air and logistics solutions, has signed a binding agreement to acquire GCT Bayonne and...

d’Amico Takes Purchase Option On MT High Voyager

d’Amico International Shipping S.A. announced that its operating subsidiary d’Amico Tankers exercised its purchase option on the existing bareboat charter-in contract for the MT...

China Exports Collapse But Car Exports Remain Strong

China’s exports and imports both contracted at steeper paces in November as external demand continued to weaken and a worsening Covid outbreak disrupted production...

Oil prices fall on relaxed Russia price cap

Oil prices have slumped since early November as traders concluded the price cap on Russia’s exports introduced by the United States, the European Union...

Diana Shipping: Sale And Leaseback of m/v DSI Andromeda & Time Charter Contract for m/v DSI Pegasus With Reachy

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated Japanese third party...

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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...