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Navios linked to newbuilding resales

Navios Maritime Partners has reportedly acquired a pair of resale tanker newbuildings. According to TradeWinds, the company is said to have bought two conventionally fuelled...

Polembros orders up to eight LR2 tankers from Zhoushan Changhong – report

Recently, Zhoushan Changhong International Shipyard officially signed a construction contract for 6+2 115,000 DWT LR2 product tankers with a well-known ship owner, marking the...

NORDEN sells two MR tankers and declares a purchase option

As a continuation of the NORDEN's strategy to realise asset values, the company confirmed that it has sold two additional vessels. "Both vessels are...

OceanPal announces the sale of M/V Protefs

OceanPal, a global shipping company specializing in the ownership of vessels, announced that, through a separate wholly-owned subsidiary, it has signed a Memorandum of...

Union Maritime launches financing scheme to boost wind propulsion

Union Maritime is developing a new lease financing program aimed at accelerating the adoption of wind-assisted propulsion systems (WAPS) in the maritime sector. The program,...

Performance Shipping reports financial results for the first quarter ended March 31, 2025

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $29.4 million and net income attributable to...

Frontline reports profit of $33.3 million in first quarter of 2025

Frontline reported unaudited results for the three months ended March 31, 2025: Highlights  Profit of $33.3 million, or $0.15 per share for the first quarter of...

Imperial Petroleum posts “very good” Q1 25’ result

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

Pyxis Tankers announces financial results for the three months ended march 31, 2025

Pyxis Tankers, an international shipping company, announced unaudited results for the three months ended March 31, 2025. For the three months ended March 31, 2025,...

Singapore-based Hafnia and Cargill bunker procurement JV begins operations

Singapore-headquartered tanker operator Hafnia announced the official operational launch of Seascale Energy – a bunker procurement joint venture between Hafnia and partner Cargill. The collaboration...

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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...