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Cosco Shipping places record $7 billion order for greener ships

China Cosco Shipping Group has placed a record-breaking domestic order for 87 new vessels from China State Shipbuilding Corp. (CSSC) in a deal valued...

Seaway7 awarded contract for BC-Wind project in Poland

Seaway7 has been awarded a sizeable contract by Ocean Winds for the BC-Wind project. The BC-Wind offshore site is located in the Baltic Sea, approx....

DP World unifies marine services brands under one global identity

DP World announced the unification of its Marine Services brands, Unifeeder, P&O Ferrymasters and P&O Maritime Logistics, under a single DP World brand, strengthening...

Iron ore slips as sagging China demand weighs

Iron ore futures slipped on Monday, as sagging demand in top consumer China, along with increasing equipment maintenance and the lack of new stimulus...

Baltic Index extends losses on weaker rates across all segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses on Monday, weighed down by...

d’Amico International Shipping announces the conclusion of two new time charter contracts at very profitable rates

d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, announces that its operating subsidiary, d’Amico Tankers D.A.C.,...

BW Offshore: Confirms strategic review process

In response to rumours in the market, BW Offshore Limited confirms that the Company is currently undergoing a limited strategic review of its potential...

HD Hyundai signs MOU with Indian State Government to establish new shipyard

HD Hyundai announced on Sunday, December 7, that it signed a strategic and comprehensive partnership with the Tamil Nadu state government regarding the establishment...

Castor Maritime sees strong increase in Q3 net profitability 

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and nine months ended September 30, 2025. Highlights...

Performance Shipping provides update on potential forward sale agreement for M/T P. Sophia

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that the previously disclosed potential forward sale of the 2009-built...

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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...