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Suez Canal Authority denies role in detention of sanctioned Russian tanker

In response to circulating news reports regarding the Suez Canal Authority's detention of the vessel "DIGNITY" at the Suez Port anchorage, the Suez Canal...

Ardmore Shipping Corporation announces financial results for the three and nine months ended September 30, 2025

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2025. Highlights and Recent Activity Reported Adjusted earnings of $12.6 million and...

Maersk launches its latest and largest warehouse in Asia Pacific

Maersk has officially opened its largest contract logistics facility in Asia Pacific, the Maersk Mega Distribution Centre (DC), boosting its warehouse footprint by more...

NORDEN signs two-year contract with US wood pellet producer

NORDEN has signed a two-year Contract of Affreightment (COA) with Enviva to transport a significant volume of wood pellets from the United States to...

Navios Partners sells oldest VLCC for USD 52.5 million

Navios Maritime Partners has reportedly sold the Nave Quasar (297,000 dwt / 2010) to an undisclosed buyer at the price of USD 52.5 million. The...

EuroHoldings announces agreement to acquire one 49,997 DWT Product Tanker Vessel, M/T Hellas Avatar, built in 2015

EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, announced that it has signed a Memorandum of Agreement (MoA) to...

Dalian iron ore extends falls on China demand concerns

Dalian iron ore futures declined for a fourth straight session on Wednesday, weighed down by concerns about demand in top consumer China due to...

Baltic Index rises to two-week high on stronger capesize and panamax rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, climbed to a two-week high on Wednesday, supported...

CMA CGM to put 10 new ships under French flag

On the occasion of the 20th edition of the Assises de l’Économie de la Mer, Rodolphe Saadé, Chairman and Chief Executive Officer of the...

YPF, Eni sign agreement with ADNOC’s XRG to develop Argentina LNG project

Argentina's YPF and Italy's Eni, have reached an agreement with the Abu Dhabi National Oil Company's XRG investment arm for it to join a...

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NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

Robin Energy Ltd. reports results for the three months ended March 31, 2026

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announced its results for the three months ended March 31, 2026.Highlights of...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

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...