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Maersk Tankers prepares for VLAC operations by establishing in-house Technical Management

Customers in the gas carrier segment require technical expertise closer to the commercial business. To address this, Maersk Tankers is bringing technical management in-house....

Stolt-Nielsen Limited reports unaudited results for the second quarter and first half of 2025

Stolt-Nielsen Limited reported unaudited results for the second quarter ending May 31, 2025. The Company reported a second-quarter net profit of $75.2 million with...

Performance Shipping announces successful placement of $100 million bond offering

Performance Shipping announced that it has successfully placed USD 100 million of bonds in the Nordic bond market. An application will be made for...

NORDEN sells two additional vessels

NORDEN have sold two additional vessels, one Supramax bulk carrier and one MR tanker. The Supramax vessel is a recently declared purchase option which...

TOP Ships announces approval of listing on the Nasdaq capital market for spin-off of Rubico

TOP Ships, an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that the application of Rubico, to list its common shares...

Sovcomflot to operate first Russian-built ice-class LNG carrier

The first Russian-built ice-class tanker for liquefied natural gas (LNG) is expected to operate in 2H2025 at the Arctic LNG 2 plant. The tanker, named...

Piraeus Bank co-finances Union Maritime’s first wind-assisted LR2

Piraeus, a Greek bank, is financing Union Maritime’s first LR2 tanker to harness wind energy. Union Maritime recently took delivery of “Brands Hatch“, the...

LNG freight rates hit 8-mth top on tight tanker availability, Mideast conflict

Shipping costs for liquefied natural gas cargoes have rallied to their highest in about eight months with vessel availability tightened by a shift in...

Performance Shipping announces acceptance of a signed commitment letter from Alpha Bank A.E. to refinance existing facilities

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that it has accepted a commitment letter whereby it intends...

d’Amico confirms sale of two MR tankers

d'Amico Tankers has signed agreements for the sale of the ships Glenda Melody and Glenda Melissa, both MR tankers with a deadweight capacity of...

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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...