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US to retaliate against IMO members that back net zero emissions plan

The U.S. on Tuesday rejected the "Net-Zero Framework" proposal by the International Maritime Organization, which is aimed at reducing global greenhouse gas emissions from...

DOF Group ASA announces two long-term RSV contracts in Brazil

DOF Group ASA announced two new long-term contracts in Brazil. Following the same competitive tender process that resulted in the previously announced contract award of...

Wallenius Wilhelmsen demonstrates strength in Q2

Wallenius Wilhelmsen maneuvered steadily through the second quarter with an EBITDA of USD 472m. “We see the strong demand, in particular in shipping, continuing...

EuroDry posts $3.1m net loss in Q2

EuroDry reported a net loss of $3.1m for the second quarter, compared with a $300,000 loss in the same period of 2024. Revenue was...

Okeanis reports profit of $26.9 million in Q2 2025

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the second quarter and six-month period of 2025. Financial performance of the Second Quarter Ended June 30, 2025 Revenues of $93.9 million in Q2...

Euroholdings posts profitable quarter; turns focus to tankers

Euroholdings, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three-...

Iron ore extends gains on Tangshan steel production curbs, lower shipments

Iron ore futures rose on Tuesday after steel mills in Tangshan, a major production hub, were ordered to halt operations to improve air quality...

Baltic index falls as larger vessel rates dip

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged lower on Tuesday, as rates declined across...

Alexandroupolis LNG import terminal resumes operations at limited capacity: operator

The floating LNG import terminal at Alexandroupolis in northern Greece has resumed operations having been offline since late January, operator Gastrade said Aug. 11. The...

Excelerate Energy reports strong second quarter 2025 results and raises full-year guidance

Excelerate Energy, reported its financial results for the second quarter ended June 30, 2025. RECENT HIGHLIGHTS Reported Net Income of $20.8 million for the second quarter Reported...

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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...