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UK calls for zero global shipping emissions by 2050 as greenest ever LISW21 opens

Marking the start of the greenest London International Shipping Week yet, the UK backs a world-leading absolute zero target for international shipping emissions by...

ICS sets out plans for global carbon levy to expedite industry decarbonisation

The global trade association for ship operators, the International Chamber of Shipping, (ICS) has put forward a comprehensive proposal for a global levy on...

EU Report Shows Scale Of Shipping’s Harm On Environment

Europe’s first environmental impact assessment for the shipping industry shows the challenge it faces in reaching the goal of climate neutrality by the middle...

Maersk firm strikes deal for 16 electric trucks across Southern California

A Maersk Company is adding 16 new, Volvo VNR Electric Class 8 trucks to its transportation fleet to replace 16 diesel trucks as part...

Hurricane Ida roils global shipping markets

Global shipping markets have been roiled by major disruptions after Hurricane Ida made landfall along the US Gulf Coast on Aug. 29, as shipments...

Maersk accelerates fleet decarbonisation; 8 large containerships to operate on methanol

In the first quarter of 2024, A.P. Moller - Maersk will introduce the first in a groundbreaking series of 8 large ocean-going container vessels...

NYK intensifies efforts to clean up Crimson Polaris oil spill

In response to the grounding of Crimson Polaris that occurred off the coast of Hachinohe on August 11, NYK will make a total of...

Exxon Sees ‘Great Opportunity’ for Lower-Emission Oil Output in Brazil

Exxon Mobil Corp sees its investments in Brazil’s offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas...

Maersk Signs First Green Methanol Supply Deal in Step Towards Net Zero Emissions

A.P. Moller-Maersk said it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral...

Russia Opens Criminal Investigation Over Black Sea Tanker Spill

Russian investigators were conducting searches at the Caspian Pipeline Consortium (CPC) after last Saturday’s oil spill near the Black Sea port of Novorossiisk, the...

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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...