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Bulk carriers: Greek shipowners return to shipbuilding

The shipping group of George and Panagiotis Angelopoulos is expanding its fleet renewal program. Aegean Bulk, the company that manages the Group’s bulk carriers, has...

Glencore to ship first cobalt cargo under Congo’s new quota system

Glencore GLEN has become the first miner to export cobalt under Democratic Republic of Congo’s new quotas, sending a small initial shipment to test...

GE Vernova and Seatrium secure a major contract from TenneT to connect North Sea wind power to Germany’s grid

GE Vernova and Seatrium announced that their consortium has been awarded a contract by TenneT to deliver a major part of BalWin5, a new...

Valaris announces multi-year contract award for Drillship VALARIS DS-8

Valaris Limited announced that it has been awarded a multi-year contract with Shell offshore Brazil for drillship VALARIS DS-8. The contract is expected to...

Hanwha Group wins Australian gov’t approval to acquire stake in Austal

Hanwha Group has received approval from the Australian government to acquire an additional stake in Australia-based shipbuilding and defense firm Austal, local media reported...

Iron ore slides as China demand outlook dims

Prices of iron ore futures slid on Thursday on elevated concerns over demand in top consumer China fueled by weakening steel consumption that has...

Baltic Index extends losses to near three-week low on falling vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a near three-week low on...

Greek shipowners: Increased share in November orderbook

Greek shipowners continued the expansion of their newbuilding program in November, with the bulk carrier market emerging as a leading player. According to the new...

Seatrium secures repeat Jack-up Rig contract from International Maritime Industries for Kingdom 4

Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has been awarded a repeat contract by International Maritime Industries , the largest...

BOURBON signs a 5-year contract with ExxonMobil in Guyana

BOURBON announces the signing of a major 5-year contract (with extension options) with ExxonMobil Guyana Limited (EMGL) to provide maritime services in Guyana. It...

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

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...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

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...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

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...