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DHT Holdings, Inc. strategic fleet update

DHT Holdings, Inc. continues its fleet modernization program with two key vessel announcements. The Company has taken delivery of the DHT Gazelle, a VLCC newbuilding...

OceanPal Inc. announces reverse stock split to be effective March 30, 2026

OceanPal Inc. announced that its board of directors has determined to effect a one-for-twenty reverse stock split of the Company's common shares, par value...

Trump official says Hormuz ship insurance program to launch ‘soon’ as tanker traffic struggles to recover

Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that...

Danish investor Zeaside Capital takes over shipowner Alba Tankers

Denmark’s Zeaside Capital Partners has agreed to buy compatriot Alba Tankers in a bid to build a tanker platform. The Copenhagen-based investment firm will take...

Tanker markets break loose as physical barrels vanish from global trade

If you want to buy a cargo of oil in Asia or jet fuel in Europe right now, you may have to pay a...

Okeanis VLCC set for record spot deal – report

Okeanis Eco Tankers is reportedly on track to set a new, historic record for spot rates for VLCC tankers. According to Tankers International, the shipping...

Nordic American Tankers – A 2005 built vessel has been sold

Nordic American Tankers informed that has entered into an agreement to sell a 2005 built ship, at a price of about USD 40 million. “We...

Performance Shipping Inc. secures sale and leaseback agreement for newbuilding LR1 tanker

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

Velos Shipping continues its fleet expansion

Shipowner Paschalis D. Diamantidis continues to invest dynamically in the ship market, further strengthening his companies’ fleet. The most recent addition is the tanker...

Stolt-Nielsen and NYK Line form strategic joint venture in Avenir LNG

Stolt-Nielsen Limited, through its subsidiary Stolt-Nielsen Gas Ltd., announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG...

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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...