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, a global shipping company specializing in the ownership of tanker vessels, reported net income of $29.4 million and net income attributable to...
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, 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, an international shipping company, announced unaudited results for the three months ended March 31, 2025.
For the three months ended March 31, 2025,...
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...
Naftomar Shipping & Trading has reportedly acquired a tanker vessel. Specifically, the company is linked to the acquisition of tanker Louloulight II (74,127 dwt),...
Okeanis Eco Tankers reported its unaudited condensed financial results for the first quarter of 2025.
Financial performance of the First Quarter Ended March 31, 2025
...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
