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Shipping: Investments in new ships pose high “green” risk

Two Greek shipowners, Dr. Nikos Tsakos and Stamatis Tsantanis, focused on the risk of investing in new ships, as a result of the great...

Egypt: Petroleum Ministry, SCA pen deal for LNG fueling station in Port Said

The Ministry of Petroleum and Mineral Resources and the Suez Canal Authority (SCA) signed a memorandum of understanding (MoU) to establish a liquefied natural...

FRO – Third quarter and nine months 2025 results

Frontline reported unaudited results for the three and nine months ended September 30, 2025: Highlights Profit of $40.3 million, or $0.18 per share for the third...

Diana Shipping announces proposal to acquire remaining shares of Genco Shipping & Trading Limited

Diana Shipping announced that it has submitted a letter to the Board of Directors of Genco Shipping & Trading Limited setting forth a proposal...

Iron ore futures snap two-day slide on China policy signals, supply disruptions

Iron ore futures rebounded on Monday, breaking a two‑session losing streak, as policy support headlines from China and fresh supply disruptions fueled bullish sentiment. The...

Baltic Index rises to near two-year high as larger vessel rates firm

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to its highest in nearly two...

Celestyal launches week-long Black Friday promotion with up to 70% off

· Up to 70% savings available on 113 Greek, Mediterranean and Arabian Gulf sailings departing December 2025 to October 2027. · Extended CelestyalPay bonus, offering...

Neptune Lines: Two important milestones in the Genesis Project

Neptune Lines, owned by Melina Travlou, has recorded two key milestones as part of the ambitious Genesis Project: the launching of Neptune Piraeus and...

Contract signed for the expansion of Pier 6 – The largest upgrade project for the Port of Thessaloniki begins

ThPA S.A. and “METKA S.A. – TEKAL S.A. (PIER 6) J/V” co-signed the Construction Works Contract for the expansion of the port infrastructure of...

Havila Shipping ASA: Equinor Energy AS has exercised one year option for Havila Charisma

Equinor Energy has exercised one year option for Havila Charisma until December 2026. Equinor Energy has an option for one year thereafter, until December 2027.

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HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Capital Clean Energy Carriers Corp. announces first quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2026. Key Highlights Completed an...

Stainless Tankers announces financial results, reshapes leadership

Stainless Tankers ASA announces results for the three-month period ended March 31, 2026, Chairman and CEO change. Highlights Net loss of $0.06 million, on net revenue...

CLIA’s high-level Policy Event in Greece Highlights Cruise Growth, island communities, economic impact and...

· CLIA hosted a high-level Policy Event in Athens in collaboration with the Deputy...

Trump administration launches nuclear-powered shipping initiative

U.S. Transportation Secretary Sean P. Duffy and the Maritime Administration (MARAD) today launched an...

DP World launches end-to-end cargo war risk insurance for middle east trade

DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses...

CMA CGM containership confirmed attacked in Hormuz, crew injured

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

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...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...