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Heidmar Maritime Holdings Corp. maintains momentum with additions to managed fleet

Heidmar Maritime Holdings Corp. is further expanding its managed fleet through a series of recent vessel additions, reflecting shipowners’ increasing preference to leverage Heidmar’s...

US pursuing third oil tanker near Venezuela, officials say

The U.S. Coast Guard is pursuing an oil tanker in international waters near Venezuela, officials told Reuters on Sunday, in what would be the...

SFL – Sale of Suezmax Tankers and termination of charters

SFL Corporation Ltd. announced that it has agreed to sell two 2015-built Suezmax tankers currently on charter to a subsidiary of Koch Industries, Inc....

Okeanis Eco Tankers Corp. – New Financings Update

Okeanis Eco Tankers announced that it has entered into two new facility agreements, for the financing of the recently acquired newbuilding Suezmax vessels, each...

Greek shipowners’ multidimensional presence

Greece’s dominance in the tanker sector is confirmed by Veson Nautical annual report for 2025, as one in four ships under construction is of...

Hafnia Limited: Fulfilment of all conditions precedent for the acquisition of 13.97% of TORM

With reference to the stock exchange announcement published on 11 September 2025, Hafnia Limited announced that all conditions precedent required for the completion of...

Nordic American Tankers – Sale of two Suezmax tankers and contracting of two newbuildings

NAT has entered into firm agreements to sell two suezmax tankers (2004 and 2005-built) at a net price of $50 million for both vessels,...

HMM joins Navig8 tanker pool

HMM has joined Navig8, a global tanker pool operator. Specifically, the 45,000 dwt class MR tanker 'Tabit' has joined the pool. The ship was built...

Scorpio Tankers announces agreements to sell Two LR2 product tankers and to purchase two LR2 newbuilding product tankers

Scorpio Tankers announced that it has entered into agreements to sell two, 2016 built LR2 product tankers and to purchase two scrubber-fitted LR2 newbuilding...

IMPERIAL PETROLEUM reports third quarter and nine months 2025 financial and operating results

IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and...

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Carnival Corporation & plc achieves record full year adjusted net income and investment grade leverage metrics, reinstates dividend

Carnival Corporation & plc announced financial results for the fourth quarter and full year 2025 and provided an outlook for the first quarter and...

IMPERIAL PETROLEUM reports third quarter and nine months 2025 financial and operating results

IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and...

KCC Capital Markets Day – Fleet expansion and optimization supporting continued profitable growth and value creation

Klaveness Combination Carriers ASA hosts its Capital Markets Day at the company’s headquarters in Oslo. At the event, KCC presents its strategy for 2026–2030;...

Trafigura publishes 2025 Annual Results

Trafigura Group Pte Ltd, a global leader in the commodities industry, announced its financial results for the 12-month period ending 30 September 2025. Chief Executive...

Castor Maritime sees strong increase in Q3 net profitability 

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and nine months ended September 30, 2025. Highlights...

Intermodal Weekly Market Report [W51]

While the war in Ukraine remains unresolved, any meaningful deescalation arising from ongoing peace...

Baltic Index falls to five-month low as vessel rates decline across the board

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting...

Celestyal celebrates Celestyal Discovery’s Arabian Gulf debut

Celestyal has held a series of plaque exchange ceremonies to mark Celestyal Discovery’s debut...

Golden Island appoints Capt Kevin Wong as chief operating officer

Singapore-based marine fuels supplier Golden Island has appointed Capt. Kevin Wong as Chief Operating...

Baltic Index falls as vessel rates slide across all segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting...

Port of Patras: Patradise Marina, cruises and new development projects in focus

A working meeting with the Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, was held on Tuesday by the President and CEO of...

Port of Los Angeles on track for third best cargo year on record

The Port of Los Angeles processed 782,249 Twenty-Foot Equivalent Units (TEUs) in November, a decrease of 12% compared to last year’s elevated cargo levels....

China ups demand to controlling stake in Panama ports deal, WSJ reports

China has upped its demands and is now pushing for state-owned ship operator Cosco to get a controlling stake in a $22.8 billion ports...

PPA’s five-year plan based on three pillars

The new five-year business plan of the port of Piraeus focuses on the utilization of more financial tools, its strengthening as a key transit...

Skaramangas Shipyards becomes Green Award Incentive Provider, strengthening support from a growing European shipyard

The Green Award Foundation welcomes Skaramangas Shipyards, the largest shipyard in Greece and one of the most significant shipbuilding and repair facilities in the...