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Performance Shipping to Acquire Sixth Aframax Tanker

Performance Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 105,071 dwt Aframax tanker, the...

Iron ore suffers short-term demand woes, longer-term China threat

The spot price of iron ore has had a torrid time lately, caught between short-term concerns about the economic health of top buyer China...

More Russian crude & products set for Asia in 2023 – Vitol

More Russian crude oil and products will head to Asian markets in 2023 while Europe will turn more to the Middle East to buy...

Baltic index dips as larger vessels retreat

The Baltic Exchange’s main sea freight index fell on Tuesday, snapping a five-day winning streak, pressured by a fall in the capesize and panamax...

Piraeus Port in …Champions League of global ports

As a main exponent of primacy in the Mediterranean and a "bridge" of three continents, the always majestic, noisy, and highly active port of...

Piraeus port goes green

The new era ushered in for the Port of Piraeus is being felt at the global level, chiefly due to the presence of the...

Lloyd’s Register acquires OneOcean in maritime growth strategy drive

Lloyd’s Register, a global provider of maritime professional services, has acquired OneOcean, a leading supplier of voyage compliance, safety and environmental solutions, from Equistone...

NORDEN raises expectations for full-year result 2022

NORDEN continues to leverage high and volatile tanker market rates and combined with recent dry cargo vessel sales, the Company raises its expectations for...

Proman Stena Bulk takes delivery of first methanol-powered newbuilding

Proman Stena Bulk, a joint venture (JV) between a leading global methanol producer Proman and one of the world’s largest tanker shipping companies Stena...

Empty Container Boxes Stuck At Rotterdam May Stoke Asia Shortage

Empty container boxes crucial for Asia’s exporters are getting stuck in the port of Rotterdam as a growing backlog of undelivered goods at Europe’s...

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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...