Freight markets for tankers carrying crude and dirty products out of the Americas face mixed fundamentals heading into the traditionally weaker summer months, as...
Performance Shipping reported record net income of $18.4 million and net income attributable to common stockholders of $17.9 million for the second quarter of...
Iran’s Revolutionary Guards “forcibly seized” a commercial ship in international waters in the Gulf on Thursday and the vessel was possibly involved in smuggling,...
United Maritime Corporation, announced that it has entered into an agreement with an unaffiliated third party for the sale of its remaining LR2 tanker...
Scorpio Tankers announced that it has received commitments from a group of financial institutions for a previously announced $1.0 billion term loan and revolving...
Performance Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ST Shipping & Transport Pte Ltd.,...
Scorpio Tankers announced that it has received a commitment from DekaBank Deutsche Girozentrale for a credit facility of up to $94 million.
The credit facility...
Financial Results
In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...
Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announced its results for the three months ended March 31, 2026.Highlights of...
APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...
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, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...
