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Libya Says Oil Output Back to 1.2 Million Barrels a Day

Libya’s oil production has picked up again after a blockade of its western fields ended and ports in the east reopened, according to the...

Concordia Maritime: Sale of P-MAX vessel, in line with bank agreement

Concordia Maritime has entered into a contract for the sale of the P-MAX vessel Stena Perros (65,000 dwt, built in 2007). The buyer is...

Uncertainty to dominate in West of Suez clean tankers markets in 2022

A dismal year for clean tanker earnings over most of 2021 ended with some improvement across a number of vessel classes in the fourth...

Wilhelmsen Ship Management takes a majority stake in Ahrenkiel Tankers

Wilhelmsen Ship Management has strengthened its position in the tanker market with a newly signed agreement to acquire a majority stake in Hamburg-based Ahrenkiel...

Heidmar & Capital Announce Formation of Joint Venture

Capital Ship Management Corp. and Heidmar Inc announced the formation of a joint venture combining the long standing commercial strength of the two organizations...

Pyxis Tankers Announces Sale of Two Small Tankers

Pyxis Tankers announced that it has agreed to sell the Northsea Alpha and Northsea Beta, two 2010 built 8,600 dwt product tankers for an...

D’Amico: Refinancing of all loans maturing 2022

d’Amico International Shipping S.A., announced that its fully-owned operating subsidiary d’Amico Tankers, has already signed contracts with leading banks to refinance all its loans...

Global tankers freight recovery likely to be slow – report

Global tanker markets are expected to see better days in 2022 on the back of a likely increase in trade of oil and oil...

bp and Maersk Tankers Carry Out Successful Marine Biofuel Trials

B30 biofuel tested as ‘drop-in-fuel’ on two tankers, validating its potential to help cut carbon emissions in shipping. bp and Maersk Tankers, with support...

TEN in the red for 4th consecutive quarter

TEN reported results (unaudited) for the third quarter and nine months ended September 30, 2021. Q3 2021 SUMMARY RESULTS In what has been described as...

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2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

KCC: First quarter 2026 business update

Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the first quarter ended at $33,432/day, approximately $550/day above the guiding range ($31,400-32,900/day). The CABU fleet...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

EU to widen Iran sanctions to those who block Hormuz

The European Union will expand the criteria of its Iran sanctions to include those...

NYK Line, Golden Island, and Yara Clean Ammonia unveil landmark partnership to jointly drive...

NYK Bulkship (Asia) Pte. Ltd., Golden Island Pte. Ltd., and Yara Clean Ammonia Norge...

Celestyal Successfully Transits Strait of Hormuz, Leading Safe Passage for Cruise Industry

Celestyal has confirmed the successful and safe transit of both its vessels, Celestyal Discovery...

US seizes Iranian cargo ship, Tehran vows to retaliate

The United States said on Sunday that it had seized an Iranian cargo ship...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Port of Long Beach Nation’s busiest seaport through March

The Port of Long Beach moved the most cargo in North America in March and through the first quarter of 2026, Port of Long...

AD Ports Group signs deal explore investment in key Romania port

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a framework agreement with the National Company Maritime Ports...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...