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Environment

Maersk Tankers CEO says shippers will pay carbon taxes

The head of a major shipping company wants a carbon tax for his industry by 2025, and he’s confident his customers are willing to...

Matson targets net-zero emissions by 2050

Matson Inc. announced additional environmental sustainability goals. Specifically, the company aims to reduce fleet-related greenhouse gas emissions by 40% by 2030 and reach net-zero fleet...

COP26: US, Denmark & Other Nations Back Tougher Climate Target for Shipping

Denmark, the United States and 12 other countries on Monday backed a goal to reduce emissions by the global maritime sector to zero by...

COP26 Summit: A Make or Break Chance To Avert Climate Disaster

The United Nations COP26 summit that starts in Glasgow this week has been billed as a make-or-break chance to save the planet from the...

Industry Looks to U.N. Climate Talks to Steer Cleaner Shipping

World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to make shipping decarbonise by 2050, a senior...

Seanergy Announces New Sustainability-Linked Loan Facility; Signs Call to Action for Shipping Decarbonization

Seanergy announced that it has received a commitment letter from a leading European bank for a sustainability-linked loan facility to finance part of the...

IMO: Bridging the gaps for maritime decarbonization

IMO-UNEP-Norway Zero-and Low-Emission Innovation Forum highlighted challenges and opportunities for decarbonization, financing, building on innovation and best practices. Collaboration and knowledge sharing around innovation are...

Chevron Sets Net Zero Aspiration and New GHG Intensity Target

Chevron Corporation (NYSE: CVX) issued an updated climate change resilience report that further details the company’s ambition to advance our lower carbon future. Chevron...

MSC collaborates with Chinese Research Institute to promote decarbonisation

MSC Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (MoU) with the China Waterborne Transport Research Institute to jointly promote decarbonisation and...

‘Catastrophic’ California oil spill kills fish, damages wetlands

A large oil spill off the southern California coast left fish dead, birds mired in petroleum and wetlands contaminated, prompting local officials to call...

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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...