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Diana Shipping acquires 7.7% stake in Genco

According to a recent SEC filing, Diana Shipping has made a $46m play on Genco Shipping & Trading. Diana's purchase of a 7.72% stake in...

Wärtsilä to divest its Marine Electrical Systems business to VINCI Energies

Wärtsilä has agreed to divest its Marine Electrical Systems business to VINCI Energies, a global group offering multi-technical solutions and services for energy, transport...

Baltic Dry Index Hits Over 9-Month High On Capesize Surge

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

Port of Long Beach cargo slows in June

Cargo moving through the Port of Long Beach slowed in June, but a pause on tariffs could drive a rebound for trade in July. Dockworkers...

DP World and Asian Terminals deploy first fleet of electric internal transfer vehicles in the Philippines

DP World and its strategic partner, Asian Terminals has unveiled a brand-new fleet of 15 electric internal transfer vehicles (eITVs) along with corresponding rapid-charging...

New Fortress Energy signs five-year charter for Energos Winter FSRU with EGAS

New Fortress Energy has finalised a five-year charter for the deployment of the Energos Winter, a 138,250m³ floating storage and regasification unit (FSRU), with...

Trafigura returns to USD debt market with USD500 million senior bond

Trafigura Group, a global leader in the commodities industry, has announced the issuance of a USD500 million senior RegS bond with a five-year maturity...

GULFNAV successfully completes mandatory convertible bond offering

Gulf Navigation Holding PJSC, a leading maritime and shipping company listed on the Dubai Financial Market, announced the successful completion of its AED 500...

HD Hyundai seeking to expand its reach to Morocco, following the U.S. and India

HD Hyundai Heavy Industries is seeking to establish a new production base in the North African nation of Morocco. With its docks already full...

Taylor Maritime sells ten vessels, repays bank debt

London-listed Taylor Maritime has confirmed the sale of ten vessels for combined gross proceeds of $176.3 million. The shipping company has now paid off...

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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...