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Panama Canal to decrease Neopanamax locks maximum draft to 49.5 feet

The maximum allowable draft at the Neopanamax locks at the Panama Canal is due to decrease to 49.5 feet, or 15.09 meters, from 50...

Baltic index rises for 5th session as panamax hits 1-month high

The Baltic Exchange’s dry bulk sea freight index rose for a fifth straight session on Monday supported by strong demand for panamax vessels, which...

Stena Drilling: New contract with TotalEnergies for Stena Spey

Stena Drilling announced a new contract with TotalEnergies for Mobile Offshore Drilling Unit (MODU) Stena Spey. The Operations for Stena Spey in the UKCS are...

EU, 13 Countries Join High Seas Treaty

The EU and 13 other countries including Canada, India and the United Kingdom have agreed to form a coalition to protect biodiversity in the...

S. Korea remains behind China in new ship orders in Jan

South Korea stayed behind China in global vessel order book in the new year despite strong gain versus December. According to Clarkson Research Services,...

Gibson Weekly Tanker Market Report [W06]

When Lopez Obrador was elected as the Mexican president, a key policy pledge of his election campaign was to rescue the country’s energy industry......

Return of Panama Canal extended wait times hits LNG market, freight economics

Increased transit volumes at the Panama Canal pushed wait times higher for clean petroleum product and unreserved LNG tankers during the week ended Jan....

Asian wheat buyers in a pickle on Australian quality downgrades

The global supply of high-quality wheat is set to tighten in the first half of 2022, as the commencement of the La Nina weather...

Solstad: Contract awards within renewable energy

Solstad Offshore ASA (Solstad) announced the following contract awards from clients within renewable energy for three of its subsea vessels (CSV): Normand Australis, a 150...

Port of Long Beach Has Busiest January on Record

The Port of Long Beach kicked off the new year with its busiest January on record, boosted by efforts to successfully move aging cargo...

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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...