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IMO Council decisions on Black Sea and Sea of Azov situation

The International Maritime Organization (IMO) held an extraordinary session of its Council (C/ES.35) on 10 and 11 March to address the impacts on shipping...

Turkey, Greece Agree To Improve Ties Amid Ukraine Conflict

Turkish President Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis agreed in talks on Sunday to improve ties, despite the long-running disagreements between the...

Oil Resumes Decline Following A Tumultuous Week

Oil resumed its decline after Iran carried out a missile strike in Iraq following the suspension of nuclear talks, while Russia’s bombardment of Ukraine...

Fujairah faces more bunkering competition as Saudis, Qatar, Oman enter fray

The UAE’s Port of Fujairah, the world’s third-biggest bunkering hub, is facing increased competition to supply marine fuels in the region, with new entrants...

Gibson Weekly Tanker Market Report [W10]

Surging global oil prices and Russian sanctions are forcing Western governments to approach those countries they previously sanctioned in response to alleged human rights...

Asian LNG prices slide amid stable European gas flows

Asian spot liquefied natural gas (LNG) prices declined this week, tracking European gas prices which fell due to stable Russian gas flows and LNG...

All-inclusive rates continue decline as demand pulls back

As demand for cargo into the US remained dampened after the Lunar New Year holiday in China, the lion’s share of spot market activity...

Contract extension for CSV Normand Vision

Solstad Offshore ASA announced that Havfram AS have exercised their option to extend present contract for CSV Normand Vision. The firm contract will then...

Castor Maritime Announces New Charter Agreements

Castor Maritime, a diversified global shipping company, announced that the M/V Magic Moon, a 2005 built Panamax dry bulk carrier, has been fixed on...

Hapag-Lloyd to acquire container liner business of Africa specialist Deutsche Afrika-Linien (DAL)

Hapag-Lloyd and German carrier Deutsche Afrika-Linien (DAL) today signed a framework agreement under which Hapag-Lloyd will acquire the container liner business of DAL. With...

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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...