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IMO makes further progress on “net zero framework”

The Intersessional Working Group on Reduction of Greenhouse Gas Emissions from Ships met for its 19th session from 31 March to 1 April 2025,...

Stena Line develops new concept vessel

Through optimal design and new technology, the new concept vessel Stena Futuro can reduce energy usage by 20 percent or more. One of Stena Line's central goals...

Stena Line and Norsepower team-up on future-proof methanol hybrid RoRo equipped with Norsepower Rotor Sails™

Stena Line and Norsepower have signed an agreement for the delivery of two Norsepower Rotor Sails™ on an all-new methanol hybrid newbuild RoRo vessel...

COSCO (Greece): New ISO quality and environmental management certifications

COSCO Shipping Lines announced the re-certification of its Quality Management Systems – ISO 9001:2015 and Environmental Management Systems – ISO 14001:2015, as well as...

Shipping: Environmental fees skyrocket in the EU

The environmental fees paid by commercial ships calling at European ports have increased by 100% this year. The two environmental regulations that came into force...

UK: New industry bonus opens to support good jobs and low carbon manufacturing factories

Industrial heartlands and coastal areas will receive a major economic boost as the government backs renewable energy firms investing in industrial communities – backing...

MOL launches program to help customers cut emissions

Aiming to achieve net zero emissions, Mitsui O.S.K. announced the launch of a new program, BLUE ACTION NET-ZERO ALLIANCE. This program contributes to reducing...

Ultranav starts trial with Signol to minimise CO2 emissions

Ultranav is launching a 6-month trial with Signol – a behaviour change service designed to encourage fuel-saving practices among crew members. Even small adjustments in...

NYK positions CDR as measure to reduce scope 1 emissions

The NYK Group issued a position paper positioning carbon dioxide removal ("CDR") as a means to reduce Scope 1 emissions. In November 2023, the Group...

Port of Long Beach Marks 20 Years of Leading Green

The Port of Long Beach is accomplishing its environmental, operational and commercial goals and is setting its sights on even greater achievements in the...

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Scorpio Tankers announces financial results for the first quarter of 2026

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2026. The Company also announced that its board of directors has...

Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

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...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...