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Citi raises oil price forecasts on “heavily delayed” Iran deal

Citi Research raised its quarterly oil price forecasts for this year and its year-average outlook for 2023, because additional supply from Iran looked heavily...

Baltic index dips as vessel rates fall

The Baltic Exchange’s main sea freight index edged lower on Monday, pressured by weaker rates for all vessel segments. The overall index, which factors...

Posidonia Shipping Exhibition Welcomes Global Maritime Community Back To Athens

Greek Prime Minister Mr Kyriakos Mitsotakis presided over the official opening of Posidonia 2022, as the world’s most prestigious biennial shipping event welcomes back...

Latsco Enters VLCC Sector

Latsco Shipping will add to its fleet in 2022 four newly built VLCC type tankers. which were built at the Hyundai Heavy Industries shipyards...

BW Offshore: Closing of the divestment of BW Joko Tole

BW Offshore has closed the transaction for the sale of the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan...

US May Allow More Iran Oil to Flow Even Without Deal

The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord, according to the biggest...

Okeanis Takes Delivery of VLCC Newbuilding

Okeanis Eco Tankers Corp. announced that it has taken delivery of the VLCC NISSOS NIKOURIA. The Vessel was delivered from Hyundai Heavy Industries in...

Strong tanker market due to sanctions and high demand for oil – Concordia Maritime

The product tanker market has strengthened significantly during April and May, with market rates at much higher levels than for both Q1 2022 and...

EU Russian Oil Ban to Redirect Trade Flows, Prop up Prices – Fitch

An agreement to ban Russian seaborn exports of oil and oil products reached by the EU this week will redirect trade flows and keep...

CMA CGM sees uncertain outlook as earnings surge again

CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping...

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United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...