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Korean shipbuilders bracing for fallout from Russia war

Russia’s invasion of Ukraine, which has added to disruptions caused by the ongoing coronavirus pandemic, has created increasing uncertainty for most industries, with shipbuilding...

Drewry: Port Throughput Index Returns to Growth In Jan

The Drewry Port Throughput Index resumed its growth trajectory in January 2022 to reach 138.8 points, 4% higher than in January 2021 and 7.4%...

Dalian iron ore scales seven-month peak on China liquidity boost

Dalian iron ore climbed to a seven-week high on Monday and the Singapore Exchange benchmark rebounded above $150 a tonne, as traders cheered China’s...

Baltic index declines on capesize weakness

The Baltic Exchange’s dry bulk sea freight index edged lower on Monday as the capesize segment dipped for a ninth consecutive session. The overall index,...

Dorian LPG in sale and leaseback deal for VLGC pair

Dorian LPG announced that on March 18, 2022, it completed two $70 million sale and bareboat charter arrangements with the same counterparty for its...

Shanghai Locks Down to Fight Covid Outbreak

Shanghai will launch a phased lockdown to curb an Omicron-fuelled Covid-19 outbreak that has hit China with its highest caseloads since the early days...

India Plans To Double Imports Of Russian Coal

India is leaning toward continuing to import coking coal from Russia, the steel minister said on Sunday, seeming to buck a global trend to...

Benchmark Iron Ore Futures In China Jump On Supply Crunch At Mills

Chinese iron ore futures jumped 3% on Friday, rising for the second straight session and tracking fourth weekly gains from supply shortage at mills...

Refiners in Europe seek alternative crudes; aim to increase runs

Refiners across Europe are looking for alternative crude supply in the wake of Russia’s invasion of Ukraine, with many starting to maximize CDU runs...

Gibson Weekly Tanker Market Report [W12]

While the sanctions’ list against Russia is growing longer as the days go by, the International Energy Agency (IEA) is warning that Russian exports...

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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...