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Scorpio Tankers announces agreements to sell two LR2 product tankers and an update on its outstanding debt

Scorpio Tankers announced that it has entered into agreements to sell two vessels and provided an update on its outstanding debt. Vessel Sales The Company has...

TORM announces long term incentive program

In accordance with TORM plc’s Remuneration Policy adopted by the Annual General Meeting of TORM on 14 April 2021 and the authorization granted at...

MISC and SHI secured Approval in Principle from Bureau Veritas for World’s First Ammonia-Fuelled LR2 Tanker powered by Proton Exchange Membrane Fuel Cell Technology

MISC Berhad (MISC) and Samsung Heavy Industries (SHI) have received the Approval in Principle (AiP) from Bureau Veritas Marine & Offshore (BV) for their...

Hansson family raises stake in NAT

The Hansson family has raised its stake in Nordic American Tankers (NAT). According to an official announcement: Non-Executive Vice Chairman and Board member of NAT, Alexander...

EXMAR Orders 4 Suezmax Tankers

Exmar NV announced that it has placed an order for 4 newbuild Suezmax tankers, with an option to order 4 more. The vessels will be...

Toro Corp. announces the sale of the LPG Carrier Dream Terrax

Toro Corp., a global energy transportation services provider, announces that it has entered into an agreement with a wholly owned subsidiary of Robin Energy...

Top Ships enters into four sale and leaseback financing agreements with a major Chinese financier

Top Ships Inc. will look for acquisitions. The company entered into four sale and leaseback financing agreements with a major Chinese financialier for the...

Tanker market: Optimistic signals for fourth quarter

Tanker market: Optimistic signals for fourth quarter The signals for the tanker market in the fourth quarter of the year are optimistic, as shipbrokers estimate...

Product tanker newbuilding contracting drops 86% to nine-year low

“Between January and August, product tanker newbuilding contracting dropped 86% y/y to 2.6 million deadweight tonnes (DWT) representing a nine-year low,” says Filipe Gouveia,...

TEN reports profits for the second quarter and first half of 2025

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2025. FIRST HALF 2025 SUMMARY RESULTSTEN’s fleet generated $390.4 million...

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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...