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Oil prices surge as Saudi Red Sea loadings halt, Libya shuts fields

Saudi Arabia has cut oil shipments to Europe after drone attacks damaged its key export pipeline to the Red Sea, trade sources told Reuters,...

ESL Shipping signs major transport agreement with Stegra

ESL Shipping has signed a significant agreement with Stegra for the transport of raw materials and finished steel products. Stegra is currently building its...

Russia launches major Vostok Oil project with first Arctic loading

Russia's biggest oil producer Rosneft said Sept. 6 that it has launched its giant Vostok Oil project, opening a new pipeline and loading first...

Oil jumps more than 2% after US attack on Iran’s Larak Island

Oil prices were trading more than 2% ‌higher on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and drew...

Hormuz oil flows rising as Gulf Giants’ ramp up accelerates

The flow of crude through the Strait of Hormuz is creeping higher as producers across the Middle East boost exports in the face of...

Oil falls as US prepares to unveil new Iran sanctions

Oil prices slipped more than $1 a barrel on Monday as investors took profits ahead of ‌an expected announcement from Washington about imposing more...

Oil prices climb as waning U.S.-Iran peace hopes fuel supply concerns

Oil prices rose on Tuesday as talks between the U.S. and Iran over the Strait of Hormuz remained stalled, exacerbating concerns over a prolonged...

Brazil’s Oil Output Hits Record as War Drives Up Non-OPEC Supply

Oil production in Brazil reached a record high in June as rising supplies from producers a world away from the Middle East cushion disruption...

Oil prices dip over 6% after US, Iran pause fighting over weekend

Oil prices tumbled more than 6% on Monday after the ‌U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising...

China’s imports of Russian crude fall to the lowest in months

Russia’s crude deliveries to its top three buyers — India, China and Turkey — declined sharply in the week to July 15, according to...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...