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Pyxis Aquires 2017 Built MR Product Tanker

Pyxis Tankers, an international pure play product tanker company, announced its unaudited results for the three and nine month periods ended September 30, 2021. Summary For...

Change of CEO for Concordia Maritime

Erik Lewenhaupt will take over as CEO of Concordia Maritime on 1 January 2022. He succeeds Kim Ullman, who has informed the Board of...

TEN agrees charters for two VLCCs with oil majors

Tsakos Energy Navigation (TEN) has agreed long-term charters for two of its VLCCs. The charters, to oil majors, have a duration of 3-5 years. The...

Scorpio Tankers Reports 9M Net Loss of $188.4 Million

Scorpio Tankers reported its results for the three and nine months ended September 30, 2021. The Company also announced that its Board of Directors...

Torm exits third quarter in the red

In the third quarter of 2021, TORM achieved TCE rates of USD/day 12,854 (2020, same period: USD/day 16,762) and an EBITDA of USD 30.4m...

Ardmore Expecting Product, Chemical Tanker Recovery

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2021. Highlights and Recent Activity Reported a net loss of $12.8 million...

Performance Shipping posts Q3 net loss

Performance Shipping reported a net loss from continuing and discontinued operations attributable to common stockholders of $2.2 million for the third quarter of 2021,...

StealthGas: Filing of Registration Statement Relating to Proposed Spin-Off of Tanker Vessels

StealthGas announced that, through a wholly-owned subsidiary, it has filed a registration statement on Form F-1 pursuant to the Securities Act of 1933 to...

Shipping US Diesel to Europe Just Got Pricier as Rates Soar

The cost of shipping diesel and other fuels to Europe from the U.S. Gulf has surged in recent days amid signs of an increase...

Euronav expecting upturn after tough third quarter

Euronav NV reported its non-audited financial results for the third quarter ended 30 September 2021. Hugo De Stoop, CEO of Euronav said: ”We have...

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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...