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Dynacom inks order for 12 VLCCs at Hudong-Zhonghua Shipbuilding

Hudong–Zhonghua Shipbuilding, in collaboration with China Shipbuilding Industry Trading Company, has sealed a newbuilding contract with Greek shipowner Dynacom for the construction of 12...

Bimco: Rebuilding of oil stocks may support post-war tanker demand growth

“The Strait of Hormuz has been effectively closed for three months, trapping hundreds of ships and thousands of seafarers in the Persian Gulf while...

Scorpio Tankers Inc. announces agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding MRs and its intention to...

Scorpio Tankers Inc. announced that it has entered into agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding...

Performance Shipping Inc. reports financial results for the first quarter ended March 31, 2026

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $10.2 million for the first quarter...

Capital Tankers announces 1Q2026 financial results

Capital Tankers announced its financial results for the first quarter ended March 31, 2026, its first quarterly report since the Company’s admission to trading on...

Navios Partners confirms return to VLCC newbuilding market

Navios Maritime Partners has confirmed its return to the VLCC newbuilding market, proceeding with an agreement to acquire four supertankers worth a total of...

FRO – First quarter 2026 results

Frontline plc reported unaudited results for the three months ended March 31, 2026: Highlights Profit of $559.1 million, or $2.51 per share for the first quarter...

TEN, Ltd. reports profits for first quarter 2026 and declares second semi-annual common share dividend of $1.00 

TEN, Ltd. reported results (unaudited) for the quarter ended March 31, 2026. Q1 2026 SUMMARY RESULTS During the first quarter of 2026, TEN generated gross...

Heidmar Maritime Holdings Corp. grows managed fleet with five strategic crude tanker additions amid record market conditions

Heidmar Maritime Holdings Corp. announces the addition of five vessels to its commercially managed fleet, further strengthening its position as a leading commercial and...

CMB.TECH Announces Q1 2026 Results: Firing On All Cylinders

CMB.TECH reported its unaudited financial results for the first quarter ended 31 March 2026.

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Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Navios Maritime Partners highlights strong bond market performance

Navios Maritime Partners, controlled by shipowner Angeliki Frangou, took part in Pareto Securities’ Greek Shipping Capital Markets Seminar, outlining its views on shipping, capital...

Maerks released its Interim Report for the 1st Quarter 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

NAPA and Samsung Heavy Industries partner to advance fuel-efficient ship design and operations

NAPA, the global provider of maritime software and data services, has signed a Memorandum...

Hormuz traffic climbs as supertankers sail into Persian Gulf

Traffic through the Strait of Hormuz picked up for the first time since Iran’s...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...