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Container rates sink to lowest since start of red sea diversions

The cost to ship goods in containers to northern Europe from China fell to the lowest level since Houthi attacks in the Red Sea...

Methanol plays decarbonisation role in very large ore carrier segment

Qingdao Beihai shipyard has ordered 10 × Everllence B&W 7G80ME-LGIM (-Liquid Gas Injection Methanol) Mk 10.5 engines in connection with the construction of 10...

Cadeler takes delivery of first A-class vessel and enters new strategic chapter in offshore foundations

Cadeler announced the successful delivery of its first A-class vessel, Wind Ally, delivered on budget and ahead of schedule. Wind Ally becomes the ninth vessel...

Marco Polo Marine expands fleet with two AHTS vessels

Marco Polo Marine Limited will add two Anchor Handling Tug Supply (AHTS) vessels valued at $43.7m (US$34m) to its fleet by 2026. The two vessels...

TORM announces long term incentive program

In accordance with TORM plc’s Remuneration Policy adopted by the Annual General Meeting of TORM on 14 April 2021 and the authorization granted at...

Golar LNG announces pricing of $500 million offering of senior notes due 2030

Golar LNG Limited announced the pricing of a private offering of $500 million in aggregate principal amount of unsecured senior notes due 2030. The...

DOF Group ASA – Service contracts awarded in Brazil

DOF Group ASA announced the award of three Petrobras service contracts (PIDF) in Brazil. The contracts awarded are for execution of subsea inspections as part...

Dalian iron ore rises on pre-holiday restocking demand

Prices of Dalian iron ore futures edged higher on Thursday, supported by pre-holiday restocking activity. The most-traded January iron ore contract on China’s Dalian Commodity...

Baltic Index hits one-and-a-half year high on strong vessel demand

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a one-and-a-half year high on...

CoolCo, EPS Ventures in advanced discussions for potential acquisition

The Company and EPS Ventures announced they are in advanced discussions regarding a potential transaction under which EPS would acquire all of the outstanding...

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

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...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

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...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

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...