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Vitol to load first diluent cargo under Venezuela supply deal

Commodities trader Vitol is expected to load the first cargo of naphtha from the U.S. to Venezuela this weekend under a new supply agreement...

Safe Caledonia contract further extended

Ithaca Energy (UK) Limited (‘Ithaca’) has exercised all three remaining weeks of options for the Safe Caledonia to continue providing accommodation support at the...

Hanseatic Global Terminals and GEN reach an agreement in ownership of FIT

Hanseatic Global Terminals and Grupo Empresas Navieras (GEN), via its affiliate Agunsa Universales S.A., have reached an agreement regarding the capital structure of Florida...

GTT receives order from Samsung Heavy Industries for the design of two new LNG Carrier Tanks

GTT has announced it has received an order from shipbuilder Samsung Heavy Industries for the design of the tanks of two new LNG carriers...

Beihai Shipbuilding Wins Contract for Two Bulkers

Beihai Shipbuilding has signed a contract with Seacon Shipping Group for the construction of two 210,000 DWT newcastlemax bulk carriers. The two vessels will be...

Icon Energy Corp. announces reverse stock split

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today...

Mercuria redoubles metals push with $1.2 billion Kazakh deal

Mercuria Energy Group Ltd. is lending $1.2 billion to help fund the buyout of major Kazakh copper producer Kazakhmys, the latest in a breakneck...

CMB.TECH sells eight vessels

CMB.TECH NV has sold eight vessels, generating a capital gain of approximately 269.2 million USD in total. Euronav CMB.TECH has sold six VLCCs: Daishan (2007, 306,005...

Solstad Offshore ASA – Contract extension and amendment for Normand Turquesa

Reference is made to the previous press release dated 9 July 2025 regarding the four-year contract for the Anchor Handling Tug Supply (AHTS) Normand...

Clarksons acquires Zuma Labs to transform FFA Market Technology

Clarkson PLC announced the acquisition of 100% of the issued share capital of Zuma Labs Limited, a leading technology provider serving stakeholders in the...

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WISTA International elects new president and champions cross-border collaboration at conference in Kuala Lumpur

WISTA International has elected Céline Mortier as its new President. The former WISTA Belgium President and CEO of maritime provider Bogerd Martin was formally...

Contships Logistics reports Q3 & 9M 2026 results

Contships Logistics Corp. announced its unaudited financial and operating results for the three and nine months ended September 30, 2026. Highlights Fleet Composition -During the first nine...

Navios Maritime Holdings increases tender offer price to $16.00 and extends the expiration date of cash tender offer to purchase Series G and Series...

Navios Maritime Holdings Inc. announced that it is amending its previously announced tender offer to purchase any and all outstanding Series G and Series...

Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has...

Dorian LPG declares irregular cash dividend of $1.25 per share

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers, announced that its Board of Directors has declared...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

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...