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Oil barrels at sea soar to most since 2023 as supply glut looms

The amount of oil on tankers plowing the world’s oceans climbed to the highest in more than two years, the latest indication of swelling...

Eni announces Final Investment Decision for Mozambique’s Coral North project

Eni and its partners CNPC, ENH, Kogas, and XRG have reached the Final Investment Decision (FID) to develop the Coral North FLNG project, deepwater...

DP World & PayPal to collaborate on cross-border digital trade payments

DP World has signed a Memorandum of Understanding (MOU) with global commerce platform PayPal to collaborate on a first-of-its-kind digital payments initiative designed to...

The Greek orderbook saw another significant increase

The Greek orderbook recorded a new notable increase in September, led by containerships and tankers, confirming the strategic orientation of Greek shipowners in two...

DOF Group ASA – Project awards in the North America region

DOF Group ASA announced several project awards in the North America region. The awards will utilise vessels already in the region, securing more than...

Boluda Towage strengthens its position as the world’s leading towage operator with the acquisition of Royal Boskalis in Australia and Papua New Guinea

The $600 million transaction expands Boluda Towage’s presence to five continents and strengthens its fleet with 39 additional tugs. In total, it extends its...

Nova Marine Carriers lands at the other end of the world with a coastal shipping line in New Zealand

A new vessel for Nova Marine — a truly multipurpose ship capable of transporting containers, fuel, vehicles, and livestock. All this nearly 20,000 kilometres...

Stolt-Nielsen Limited reports unaudited results for the third quarter and first nine months of 2025

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2025. The Company reported a third-quarter net profit...

Toro Corp. reports net income of $1.4 million for the three months ended June 30, 2025 and $3.0 million for the six months ended...

Toro Corp. a global energy transportation provider, announced its results for the three months and the six months ended June 30, 2025. Highlights of the...

Maersk rolls out efficiency programme for its time-chartered fleet

In a large-scale programme involving 50 different shipowners, A.P. Moller - Maersk (Maersk) is – in close collaboration with the owners – retrofitting around...

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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...