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FSL Trust completes disposal of one crude oil tanker

The Board of Directors of FSL Trust Management Pte. Ltd., as trustee-manager of First Ship Lease Trust, refers to its announcement dated 1 June...

Asia clean tanker rates sail to record high

Clean tanker rates across Asia-Pacific reached multiyear highs June 16, and a record for some routes, as strong demand to lift naphtha cargoes from...

After Ruling, Iran Expects to Get Its Confiscated Oil Back

Iran expects an oil cargo confiscated by the United States off the coast of Greece to be returned in full, Tehran’s ambassador to Athens...

Greek Court Overturns Decision Allowing U.S. Seizure of Iranian Oil Cargo

A Greek court on Wednesday overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of...

International Seaways Monetizes FSO Joint Venture With Sale to Euronav

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced that it has completed...

Latsco Enters VLCC Sector

Latsco Shipping will add to its fleet in 2022 four newly built VLCC type tankers. which were built at the Hyundai Heavy Industries shipyards...

Okeanis Takes Delivery of VLCC Newbuilding

Okeanis Eco Tankers Corp. announced that it has taken delivery of the VLCC NISSOS NIKOURIA. The Vessel was delivered from Hyundai Heavy Industries in...

Strong tanker market due to sanctions and high demand for oil – Concordia Maritime

The product tanker market has strengthened significantly during April and May, with market rates at much higher levels than for both Q1 2022 and...

Unipec adds 10 vessels to transport crude from Russia

China’s largest trading company Unipec has added 10 ships this month to transport crude from Russia. Meanwhile, Shanghai authorities unveiled fresh policies to help...

Imperial Petroleum acquires suezmax duo

Imperial Petroleum announced it has acquired two suezmax tankers from an unaffiliated third party at the price of $46.8 million. The vessels were built in...

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NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

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. reports results for the three months ended March 31, 2026

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...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

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 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...