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Gibson Weekly Tanker Market Report [W24]

Last Friday saw the close of the much-anticipated Marine Environmental Protection Committee (MEPC 78) meeting at the IMO...

Record 29,000 visitors attend Posidonia

The number of overall participants in this year’s Posidonia, including exhibitors, visitors and press, exceeded the 40,000 mark, as some 29,000 visitors from 103...

Diana Shipping Announces Time Charter Contract for m/v Selina

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Capital Gas orders 2 LNG carrier newbuildings

Evangelos Marinakis-led Capital Gas Ship Management Corp has ordered the construction of two more LNG carriers at S. Korea’s Hyundai Samho Heavy Industries. The vessels...

Port of Los Angeles Reports Third-Busiest Month Ever in May

The Port of Los Angeles has posted its third-best month on record – moving 967,900 TEU in May 2022. Loaded imports reached 499,960 TEU, down...

Chinese Shipbuilders Increasing Share in LNG Market

Chinese shipbuilders are entering the global LNG carrier market, which has been dominated by South Korean shipbuilders. For example, last month, Jiangnan Shipyard signed...

Iron ore slumps to 3-week low on China demand worries

Dalian iron ore fell for a fifth straight session on Thursday and hit its lowest in three weeks, dragged down by a pessimistic demand...

Russia could continue OPEC+ cooperation beyond 2022 -deputy PM

Russia could continue cooperating within the OPEC+ oil production agreement beyond 2022, Deputy Prime Minister Alexander Novak said, after a surprise meeting with Saudi...

Baltic Index Gains For Third Consecutive Session

The Baltic Exchange’s main sea freight index gained for a third straight session on Thursday, buoyed by rising rates across the board. The overall...

IEA: World Oil Demand to Reach 101.6 mb/d in 2023

According to the IEA Oil Market Report (OMR), world oil demand is forecast to reach 101.6 mb/d in 2023, surpassing pre-pandemic levels. While higher...

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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.

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

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...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

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...