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MOL and Hitachi launch initiative to convert used ships into floating data centers

Mitsui O.S.K. Lines, Ltd., Hitachi, Ltd., and Hitachi Systems, Ltd. announced the signing of a Memorandum Of Understanding for the development, operation, and commercialization...

Two India bound LPG Tankers clear strait of Hormuz

Two India-bound liquefied petroleum gas tankers carrying about 94,000 metric tons of the cooking gas have safely transited the Strait of Hormuz and are...

Houthi missile attack on Israel stokes Red Sea shipping fears

A missile attack on Israel by Iranian-backed Houthi rebels in Yemen on Saturday raises concern that Tehran’s proxies may again try to block Red...

Marine insurers reaffirm their commitment to supporting trade in the Middle East

The global marine insurance market continues to show resilience and is maintaining the availability of cargo, hull, liability and offshore energy cover despite increasing...

UK Chamber of Shipping announces Karrie Trauth as new President

The UK Chamber of Shipping has elected Karrie Trauth, Executive Vice President of Shipping & Maritime at Shell plc, as its new President at...

Intermodal Weekly Market Report [W12]

While the global gas market was preparing for a substantial increase in natural gas supply in the next years, driven by new liquefaction projects...

Middle East Conflict: Straits of Hormuz Transits Remain 95% Down

Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their...

Iran says Hormuz open to all but ‘enemy-linked’ ships

The Strait of Hormuz remains open to all shipping except vessels linked to “Iran’s enemies,” Iranian media reports published on Sunday quoted Iran’s representative...

Hormuz naval escorts will not ensure vessel transits through Hormuz: IMO head

Naval escorts for oil tankers and other merchant vessels through the Strait of Hormuz have limited power to restore the free flow of shipping...

Cancellation of 27 and 30 March 2026 – Celestyal Discovery

As the conflict in the Middle East continues, and in close coordination with the relevant authorities, we have had to delay the repositioning of...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...