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Diana becomes largest Genco shareholder

Diana Shipping has further increased its investment in New York-listed Genco Shipping & Trading. Specifically, the company has acquired about 1 million more shares in...

Capital Clean Energy reports 27% revenue increase in Q2

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2025. Key Quarterly Highlights Announced...

DHT Holdings announces $308.4 million financing

DHT Holdings announced that it has entered into a $308.4 million senior secured credit facility for the post-delivery financing of the Company’s four newbuildings. The...

d’Amico posts “robust” Q2 results

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, examined and approved...

Costamare orders new boxships; Q2 profit rises

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2025. PROFITABILITY AND LIQUIDITY Q2 2025 Net Income from Continuing...

Baltic Index Registers Best Month Since February

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, inched up on Thursday and recorded its strongest...

Seatrium first-half profit soars

Seatrium’s net profit for the first half of 2025 swelled on the back of a strong order book and higher margins, the company announced...

COSCO launches major newbuilding program

On July 29, COSCO SHIPPING Development (CSD) announced a major move in its ship leasing and industrial-finance integration strategy, committing more than RMB 6...

Castor Announces Sale & Leaseback of M/V Magic Thunder

Castor Maritime, a diversified global shipping and energy company, announced that on July 29, 2025, it successfully completed a sale and leaseback transaction for...

Ardmore to acquire three modern Korean-built MR tankers

Ardmore Shipping Corporation announced results for the three and six months ended June 30, 2025. Highlights and Recent Activity Reported Adjusted earnings and net income attributable...

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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...