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Hanwha appoints Former U.S. Deputy National Security Advisor as Global Chief Strategy Officer

Hanwha Group, a global leader in defense, shipbuilding, and energy solutions, has appointed Alex Wong as Global Chief Strategy Officer (CSO) to lead the...

Iron ore firms as increased building materials demand lift steel output

Iron ore futures prices advanced on Monday, as blast furnace steel production increased amid rising demand for building materials ahead of China’s National Day...

Baltic freight index eases, with weakness across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged down on Monday, with weakness seen...

Allseas awarded Brae Alpha decommissioning contract

TAQA UK has awarded Allseas the contract for the engineering, preparation, removal and disposal (EPRD) of the Brae Alpha platform in the UK Central...

Cruise industry: Commitment to sustainable development

At Seatrade Cruise Europe 2025 in Hamburg, the Strategic Alliance of European Cruise Port Associations renewed its partnership, with the participation of the President...

Nations ratify first global treaty to protect ocean life

As climate impacts multiply, a landmark United Nations treaty to protect ocean lifewill go into effect in January. Sierra Leone and Morocco on Friday provided...

DEME expands Subsea Cable Installation Fleet with New Offshore Construction Vessel

Belgium-based engineering group DEME has confirmed an order for a new Offshore Construction Vessel (OCV), designed to strengthen its subsea cable installation capacity and...

Russia: Statement by the High Representative/Vice-President Kaja Kallas on the 19th package of sanctions

“We proposed to Member States the 19th package of sanctions against Russia. In it, we target key sectors sustaining Russia’s war effort.  Our sanctions bite....

Globus Maritime sees revenue rise in 1H2025

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...

Diana Shipping Inc. announces the sale of an Ultramax Dry Bulk Vessel, the m/v DSI Drammen

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed,...

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

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...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

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...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

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...