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European bunker markets feel the heat of Russian sanctions

Bunker market participants across Europe have turned cautious about sourcing fuel from Russia following its military invasion of Ukraine end-February, with many anticipating tightened...

Grindrod Results Boosted by Port & Terminals Operations

Grindrod achieved a commendable performance in its core businesses for the year ended 31 December 2021 underpinned by record mineral volumes handled at its...

Baltic index slips as lower capesize rates offset gains in smaller vessels

The Baltic Exchange’s dry bulk sea freight index fell on Thursday, as a dip in capesize rates outweighed gains in the panamax and supramax...

BW Offshore Releases Fourth Quarter and Full-Year Results 2021

During the fourth quarter, BW Offshore continued to progress the Barossa FPSO project according to plan. All key subcontractors were assigned at year-end and...

OceanPal Announces Time Charter Contract for m/v Calipso

OceanPal, a global shipping company specializing in the ownership of vessels, announced that, it has entered into a time charter contract with Tongli Shipping...

Seanergy Announces New Refinancing Facility with Japanese Lender

Seanergy reported that it has entered into a definitive agreement with a reputable Japanese lender to refinance the loan facilities secured by the 2012-built...

International Seaways cuts losses in Q4

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the fourth...

Russian Oil Disruptions Escalate Causing Global Prices to Rise

Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and transport Russian crude and at least 10...

Russian LNG Cargoes to Europe Disrupted by Looming Port Bans

Supplies of Russian liquefied natural gas (LNG) to Europe have been disrupted by uncertainty over whether ships can discharge cargoes at European ports due...

TORM: Strong Product Tanker Market Recovery in Q4

“After a challenging year in the product tanker market, we saw a recovery towards the end of 2021. On average, Q4 2021 rates were...

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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...