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Solstad Maritime ASA – Contract award for CSV Normand Mermaid

Solstad Maritime ASA announced the award of a substantial* contract for the “Normand Mermaid” with SAExploration. The contract, which will commence in July 2025, has...

TotalEnergies and CMA CGM to launch LNG Bunkering Logistics joint venture to accelerate maritime decarbonization

TotalEnergies, a global integrated energy company, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have entered into an...

Billionaire Ortega buys stake in UK’s PD Ports from Brookfield

Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to acquire a 49% stake in PD Ports from Brookfield Asset Management (BAM.TO), opens...

Yemen: Houthis’ attacks on cargo ships apparent war crimes

The Houthi armed group in Yemen attacked two commercial cargo vessels in the Red Sea between July 6 and 9, 2025, violations of the...

Jinhui Shipping and Transportation plans to sell two vessels

Jinhu i Shipping and Transportation Limited, Wednesday announced its decision to sell two supramax bulkers for $10.8 million and $11 million, respectively. The move is...

Aegean, Vitol agree long-term charter deal – report

Aegean Shipping Management, owned by Georgios Melissanidis, reinforces its business collaboration with Vitol, the world’s largest independent oil products trader, by signing a long-term...

Vale’s iron ore output up 4% with record Q2 at key mine

Brazilian miner Vale produced 83.6 million metric tons of iron ore in the second quarter, up 3.7% from a year earlier, the company reported. In...

Strong capesize demand lifts baltic dry bulk index to over 1-year peak

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, firmed on Wednesday to its highest level in...

MOL integrates group ship management companies, consolidating functions into MOL global ship management

Mitsui O.S.K. Lines announced that with the aim of integrating the MOL Group’s ship management functions and enhancing safety operations, MOL has renamed its...

Putin says FSB approval will be needed for foreign vessels entering Russian ports

Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir...

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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...