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Valaris Announces Jackup Contract Awards

Valaris announced that it has been awarded new bareboat charter agreements with ARO Drilling for several jackups. ARO Drilling has signed contracts with Aramco...

D’Amico: Refinancing of all loans maturing 2022

d’Amico International Shipping S.A., announced that its fully-owned operating subsidiary d’Amico Tankers, has already signed contracts with leading banks to refinance all its loans...

Passengers Disembark COVID-Hit Cruise Ship After 5 Days

Disconsolate passengers stuck on a cruise ship moored in Lisbon’s port for five days due to a COVID-19 outbreak began disembarking early on Monday,...

Korean yards second in global orders in 2021; profit up on high-value demand

South Korean shipyards have failed to defend annual leadership in the number of vessel orders, although profit surged as orders were mainly in high-performance...

Shanghai Port remains first in container throughput worldwide

The container throughput of Shanghai Port exceeded 47 million 20-foot equivalent units (TEUs) in 2021, ranking first globally for 12 consecutive years despite the...

U.S. Natural Gas Faces High Volatility in 2022

U.S. natural gas is in for another wild year as the insularity that once shielded North American energy consumers from overseas turmoil disintegrates. Benchmark American...

Jiangnan Shipyard delivers world’s largest ethane carrier to Ineos

Jiangnan Shipyard Group has delivered a very large ethane carrier (VLEC), Pacific Ineos Belstaff, to Ineos Group. With a capacity to transport 99,000m3 of...

Container premiums expected to continue through H1 – report

The premium surcharge, which overstayed in the trans-Pacific route and later in other ex-Asia routes for nearly a year, is expected to continue at...

Repeat of a spectacular year for dry bulk unlikely – report

While dry bulk freight rates periodically hit multi-year highs in 2021 on the back of an improving global economy after the COVID-19-induced market collapse,...

Global tankers freight recovery likely to be slow – report

Global tanker markets are expected to see better days in 2022 on the back of a likely increase in trade of oil and oil...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

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...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

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...

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...