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Daewoo Shipbuilding wins 521 bln-won LNG ship order

Daewoo Shipbuilding & Marine Engineering Co. said Friday it has received a 521 billion-won (US$430 million) liquefied natural gas ship order in North America....

Germany Strikes Energy Deal With Qatar

Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe’s biggest economy seeks to become less...

Pyxis Tankers Announces Financial Results for the 3 Months & Year Ended December 31, 2021

Pyxis Tankers Inc., a growth-oriented pure play product tanker company, announced unaudited results for the three months and year ended December 31, 2021. Summary For...

VLGC rates retreat as bunker prices ease, but volatility a concern

Very Large Gas Carrier rates retreated from a near two-month high as bunker fuel costs eased, while LPG shipping fixtures slowed after a recent...

All-inclusive rates drop as shippers cut orders on Asia lockdowns

Divergent fundamentals pushed all-inclusive rates from North Asia down as many Asian production hubs went into isolation over coronavirus outbreaks, while rates from Southeast...

Gibson Weekly Tanker Market Report [W11]

Each week, Gibson monitors developments in refined product and crude oil inventories.

Capesize owners opt for shorter Pacific over longer Brazil trips despite contango

The Capesize dry bulk segment is seeing shorter trips within the Pacific region offering higher returns than the longer voyages out of Brazil in...

Top Ships reports highest profit since 2008

TOP Ships, an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced its unaudited financial results for the year ended December...

Hapag-Lloyd joins GCMD

The Global Centre for Maritime Decarbonisation (GCMD) has entered into a partnership with German-headquartered container shipping line Hapag-Lloyd to further advance maritime decarbonisation efforts....

P&O Ferries sacks 800 staff; unions threaten standoff

Britain's P&O Ferries on Thursday made 800 staff redundant with immediate effect and suspended crossings for the next few days, sparking a backlash from...

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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...