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Sovcomflot says 2025 net loss at $648.4 mln

Russia's state-controlled leading tanker group Sovcomflot said on Friday that its ⁠net loss in 2025 amounted to $648.4 million. The group's earnings before interest, tax,...

Dynacom takes delivery of MT PSERIMOS tanker

Dynacom Tankers Management has taken delivery of yet another newly built tanker vessel. Specifically, the MT PSERIMOS, which was built in China, was delivered to...

d’Amico acquires two new vessels for USD45.4 million each

d'Amico International Shipping has announced the purchase of two new Medium Range 2 product tanker vessels. The transaction was carried out by its subsidiary...

Robin Energy announces proposed spin-off of its tanker business

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announces that its Board of Directors has decided, at the recommendation of...

Imperial Petroleum announces $10 million share repurchase program

Imperial Petroleum Inc. announced that its Board of Directors has approved a share repurchase program and authorized the officers of the Company to repurchase,...

Klaveness Combination Carriers fixes vessel on two-year charter

A subsidiary of Klaveness Combination Carriers ASA (“KCC” or the “Company”) has secured a two-year time charter for MV Bass (built 2021). The main terms...

Aegean Shipping sells tanker for USD 71 million

According to shipping market sources, Aegean Shipping Management has sold a tanker vessel for $71 million. Specifically, sources suggest the vessel in question is the...

Scorpio Tankers Inc. announces vessel sale agreements and time charter-out agreements

Scorpio Tankers Inc. announced that it has entered into agreements to sell three product tankers and time charter-out two product tankers. Vessel Sales The Company has...

Performance Shipping Inc. signs shipbuilding contracts for the construction of two newbuilding suezmax tankers

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

d’AMICO International Shipping S.A. announces the increase of its time charter coverage at very profitable rates

d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, announces that, since the beginning of the current...

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Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

KCC: First quarter 2026 business update

Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the first quarter ended at $33,432/day, approximately $550/day above the guiding range ($31,400-32,900/day). The CABU fleet...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Wallenius Lines becomes sole owner of Wallenius SOL

Wallenius Lines has entered into an agreement to acquire SOL Group’s shares in Wallenius SOL, thereby becoming the sole owner of the company. The...

Princess Cruises announces voyager class order

Princess Cruises, a leading global cruise line of Carnival Corporation & plc, the world's...

Hormuz crisis at crossroads as U.S.–Iran talks set to restart

Talks to end the Iran war could resume in Pakistan over the next two...

Höegh Autoliners welcomes the Höegh Pacific to its fleet

Last week, Höegh Autoliners celebrated and welcomed yet another newbuild to the Höegh fleet. The...

US, Iran agree to two-week ceasefire with reopening of Strait of Hormuz

The United States and Iran have agreed to a two-week ceasefire, reaching a deal...

UAE says the use of Hormuz must be guaranteed in any US-Iran deal

UAE official Anwar Gargash said any settlement of the U.S.-Iran war must guarantee access...

Port of Long Beach Nation’s busiest seaport through March

The Port of Long Beach moved the most cargo in North America in March and through the first quarter of 2026, Port of Long...

AD Ports Group signs deal explore investment in key Romania port

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a framework agreement with the National Company Maritime Ports...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Piraeus Port Authority to participate in Seatrade Cruise Global Exhibition

Piraeus Port Authority (PPA) continues to strengthen its international presence in the cruise sector by participating in the Seatrade Cruise Global Exhibition, the industry’s...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...