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DHT Holdings, Inc. strategic fleet update

DHT Holdings, Inc. continues its fleet modernization program with two key vessel announcements. The Company has taken delivery of the DHT Gazelle, a VLCC newbuilding...

OceanPal Inc. announces reverse stock split to be effective March 30, 2026

OceanPal Inc. announced that its board of directors has determined to effect a one-for-twenty reverse stock split of the Company's common shares, par value...

Trump official says Hormuz ship insurance program to launch ‘soon’ as tanker traffic struggles to recover

Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that...

Danish investor Zeaside Capital takes over shipowner Alba Tankers

Denmark’s Zeaside Capital Partners has agreed to buy compatriot Alba Tankers in a bid to build a tanker platform. The Copenhagen-based investment firm will take...

Tanker markets break loose as physical barrels vanish from global trade

If you want to buy a cargo of oil in Asia or jet fuel in Europe right now, you may have to pay a...

Okeanis VLCC set for record spot deal – report

Okeanis Eco Tankers is reportedly on track to set a new, historic record for spot rates for VLCC tankers. According to Tankers International, the shipping...

Nordic American Tankers – A 2005 built vessel has been sold

Nordic American Tankers informed that has entered into an agreement to sell a 2005 built ship, at a price of about USD 40 million. “We...

Performance Shipping Inc. secures sale and leaseback agreement for newbuilding LR1 tanker

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

Velos Shipping continues its fleet expansion

Shipowner Paschalis D. Diamantidis continues to invest dynamically in the ship market, further strengthening his companies’ fleet. The most recent addition is the tanker...

Stolt-Nielsen and NYK Line form strategic joint venture in Avenir LNG

Stolt-Nielsen Limited, through its subsidiary Stolt-Nielsen Gas Ltd., announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG...

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Scorpio Tankers announces financial results for the first quarter of 2026

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2026. The Company also announced that its board of directors has...

Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

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...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

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...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...