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Environment

Shell, CMA CGM Sign LNG Fuel Supply Agreement in Singapore

Shell and CMA CGM Group have signed agreements that will see them work closely together to accelerate decarbonising the marine sector. This includes a...

Wärtsilä and Stena to build the world’s largest hybrid vessels

The technology group Wärtsilä will supply its hybrid propulsion system for three new RoPax vessel currently built for Stena RoRo, Europe´s largest ferry company....

Insurer Must Pay Spanish Claim in Prestige Oil Spill, EU Court Says

Spain on Monday won backing from Europe’s top court in its mutli-million euros damage claim against The London Steam-Ship Owners Mutual Insurance Association for...

Cruise industry seeks partnership with governments to reach decarbonisation goals

Cruise industry leaders convening in Genoa at the industry's first European Summit devoted to the decarbonisation of cruise have called on governments to join...

IMO Clamps Down on Dirty Fuel in Mediterranean Sea

Shipping’s global regulator ruled that vessels must slash the sulfur content of fuel used for voyages in the Mediterranean Sea, as part of wider...

2050 Not Achievable Without Carbon Capture – ABS

“Carbon capture is going to be a key transformational technology for shipping to achieve net zero emissions by 2050. It will be critical to...

Shipping needs flat rate carbon levy to prepare for its future: ICS

The shipping industry needs a fixed carbon price to mitigate the uncertainties of its energy transition and to avoid manipulation of carbon markets, the...

Five more countries back 2050 zero emissions target

At least five more countries now support aligning the IMO’s climate goals with the Paris Agreement. The Cook Islands, Mexico, Myanmar, Colombia and Malaysia...

Financing Decarbonisation of Shipping Needs Creative Solutions & Owners Want To Be Heard

Shipping is required to face the complex challenges placed by the progressively stricter IMO and EU environmental legislation and the financial issues related thereto,...

Capital Ship Management, LR explore use of biofuels in pilot research project

Capital and Lloyd’s Register (LR) will trial the use of biofuels in a new pilot project to support the maritime industry’s research for low...

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Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Diana Shipping Inc. announces extension of tender offer for all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Kongsberg Maritime Q2 2026: Record-high backlog and strong newbuild execution

Kongsberg Maritime ASA announced its results for the second quarter of 2026. A record-high order backlog driven by strong newbuild order intake and execution...

Robin Energy announces reverse stock split

Robin Energy, an international ship-owning company providing energy transportation services globally, announced that its board of directors has determined to effect a one-for-fifteen (1-for-15)...

Seanergy Maritime announces pricing of €100 million unsecured corporate bond trading on Euronext Athens

Seanergy Maritime Holdings Corp. announced the pricing of the offering of €100 million of unsecured bonds to investors in Greece. The Bonds will be...

IMO Council reaffirms commitment to protecting vital shipping lanes

The Council of the International Maritime Organization has concluded its 137th session by reaffirming...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

Höegh Autoliners extends contract with major Asian car producer into 2029

Höegh Autoliners ASA has agreed an extension of an existing contract with a major...

METLEN and Tsakos Group formalise partnership to develop one of Greece’s largest hybrid renewable...

METLEN and Tsakos Group formalised the launch of their partnership through METLEN’s entry into...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...