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HMM, Hanwha, KR to develop ammonia GT system for container ships

Four Hanwha Group affiliates, including Hanwha Power System, Hanwha Ocean, Hanwha Aerospace, and Hanwha System, HMM and Korea Shipment Company (KR), will develop a...

Delfin Midstream enters into a Letter Of Award with Samsung Heavy Industries

Delfin Midstream announced that it has entered into a Letter Of Award with Samsung Heavy Industries. The LOA formally notified SHI that is has...

Samudera expands footprint into Japan with new subsidiary

Samudera Shipping Line is expanding its footprint into Japan, via the incorporation of Samudera Japan K.K. on 14 October 2025, a wholly-owned subsidiary capitalized...

Samsung Heavy Industries secures order for 3 Crude Carriers

Samsung Heavy Industries announced on Oct. 24 that it had secured an order for three crude oil carriers from a Liberian shipowner for 341.1...

Heidmar Maritime Holdings Corp. expands crude and product tanker markets with strategic additions to managed fleet

Heidmar Maritime Holdings Corp. is strengthening its market position by adding super-eco vessels to its managed fleet under commercial and technical management agreements. These...

Diana Shipping announces direct continuation of time charter contract for m/v Semirio with Solebay and time charter contract for m/v Maera with CRC Shipping

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned...

Baltic index falls on weak capesize vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a one-week low on Thursday,...

Shipping industry faces challenges amid rising insurance premiums

Shipowners are expected to face the eighth consecutive annual increase in maritime insurance premiums in 2026, due to the continued rise in the cost...

Βack-to-back shore power connections in Valletta, Malta, mark important milestone for MSC group’s cruise division

MSC Group’s Cruise Division has reached another major milestone in its decarbonization journey, as two of its vessels – MSC World Europa and EXPLORA...

EU Leaders to approve new Russia sanctions with LNG Ban

European Union leaders are expected to greenlight a 19th Russia sanctions package at a summit on Thursday after Slovakia dropped its objections. The package aims...

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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...