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China buying sanctioned Russian LNG at deep discounts

Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August to entice Chinese buyers to...
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APM Terminals to invest $550 mln in Peru’s Callao port

Dutch port operator APM Terminals will invest $550 million to expand Peru's Callao port starting in January, chief commercial officer for the company's Peru...
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Solid October volume at port of Los Angeles puts 10 million container unit-mark within reach for 2025

The Port of Los Angeles processed 848,431 Twenty-Foot Equivalent Units (TEUs) in October, a solid performance given all the trade volatility this year. After...
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Hoyer and VMS Group create a global one-stop partner for power and motion solutions

Hoyer, a global supplier of electric motors and automation solutions, and VMS Group, a leading marine service provider, announced the creation of Hoyer VMS...
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Odfjell Drilling extension of Deepsea Nordkapp

Odfjell Drilling Ltd. announced that it has received signed confirmation from Aker BP ASA (“Aker BP”) that it will extend the firm contract period...
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Samsung Heavy wins seven container ship order worth 1.9 trillion won

Samsung Heavy Industries said on the 20th that it won an order for seven container carriers from a shipowner in Asia for 1.922 trillion...
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OceanPal announces SovereignAI’s total treasury holdings exceed $133 million of NEAR;Ticker symbol change to SVRN

OceanPal Inc. announced that its wholly owned subsidiary SovereignAI Services LLC, which is focused on commercializing the NEAR Protocol, disclosed its initial treasury update...
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The Greek maritime industry at the forefront of EUROPORT 2025

Enterprise Greece once again supported the Greek participation in EUROPORT 2025, the International Exhibition for the complex shipbuilding industry and innovative technology, which took...
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APM Terminals in Egypt celebrates 2.2 million TEU-expansion

The Suez Canal Container Terminal (SCCT) in Egypt marked the inauguration of its major expansion, adding new capacity and jobs to East Port Said....
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Transocean announces exercised options totaling $89 million

Transocean Ltd. announced contract fixtures for one ultra-deepwater drillship and two harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $89 million in firm...
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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...

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