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Scorpio Tankers: Agreement to Sell MR Product Tanker; Exercise of Purchase Options on 5 Ships

Scorpio Tankers announced that it has entered into an agreement to sell an MR product tanker, and has exercised the purchase options on five...

Dynacom linked to LR1 newbuilding orders in China

George Procopiou-led Dynacom has reportedly placed an order to build six 75,000-dwt LR1 tanker vessels at New Times Shipbuilding. Moreover, it is reported that Dynacom...

Frontline Sells 5 Oldest VLCCs

Frontline announced it has reached a deal to sell its five oldest very large crude carriers (VLCC) to an undisclosed buyer for an aggregate...

Iran Seized Tanker Located Off Iran’s Qeshm Island

The Marshall Islands-flagged tanker seized by Iran in the Gulf of Oman on Thursday has been located east of Iran’s Qeshm Island, monitoring service...

Oil tankers continue Red Sea movements despite Houthi attacks

Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted due to attacks by...

TORM capital increase in connection with delivery of MR vessel & LR2 vessel

With reference to Company Announcement no. 22 dated 09 November 2023 where TORM plc (“TORM") announced the acquisition of eight LR2 product tanker vessels,...

Maersk Tankers and Penfield Marine to create a tanker company with unique reach

Maersk Tankers has acquired Penfield Marine to create a large-scale crude and product tanker company offering pool partners and cargo customers a wider range...

COSCO Shipping Energy orders 6 new tankers

COSCO Shipping Energy Transportation has finalized shipbuilding contracts for six new tankers worth a total of $449 million (approximately RMB 2.9 billion). Hainan COSCO Shipping...

Performance Shipping Secures Two Year Time Charter Contract With Oil Major

Performance Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Marathon Maritime Company, a wholly-owned subsidiary...

Performance Shipping Signs Shipbuilding Contracts for 2 LR2 Tankers

Performance Shipping announced that, through two separate wholly-owned subsidiaries, it has signed two shipbuilding contracts with China Shipbuilding Trading Co. Ltd. (“CSTC”) and Shanghai...

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HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Capital Clean Energy Carriers Corp. announces first quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2026. Key Highlights Completed an...

Stainless Tankers announces financial results, reshapes leadership

Stainless Tankers ASA announces results for the three-month period ended March 31, 2026, Chairman and CEO change. Highlights Net loss of $0.06 million, on net revenue...

CLIA’s high-level Policy Event in Greece Highlights Cruise Growth, island communities, economic impact and...

· CLIA hosted a high-level Policy Event in Athens in collaboration with the Deputy...

Trump administration launches nuclear-powered shipping initiative

U.S. Transportation Secretary Sean P. Duffy and the Maritime Administration (MARAD) today launched an...

DP World launches end-to-end cargo war risk insurance for middle east trade

DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses...

CMA CGM containership confirmed attacked in Hormuz, crew injured

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring...

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...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

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...