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Venergy Maritime orders 2+2 MR tankers in S. Korea

Venergy Maritime has placed an order for 2+2 50,000 DWT MR product tankers from South Korean shipyard K Shipbuilding. Each vessel reportedly costs approximately US$48...

Israel attacks three Yemeni ports and power plant

Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking the first Israeli...

Petronas to drill three exploration wells at Suriname offshore block, Staatsolie says

Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore...

Two Alpha Gas carriers to get enhanced operational support with Wärtsilä lifecycle agreement

Technology group Wärtsilä has signed a five-year Lifecycle Agreement with Greek, Athens-based LNG management company, Alpha Gas. The agreement covers two LNG carriers which...

Stainless Tankers announces the divestment of an additional chemical tanker

Stainless Tankers ASA announced that it has successfully entered into an agreement for the sale of the 2008-built J19 stainless steel chemical tanker, Gwen,...

Maersk Tankers prepares for VLAC operations by establishing in-house Technical Management

Customers in the gas carrier segment require technical expertise closer to the commercial business. To address this, Maersk Tankers is bringing technical management in-house....

Subsea 7 – awarded contract offshore Egypt

Subsea 7 S.A. announced the award of sizeable1 contract offshore Egypt. Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines,...

P&O Maritime Logistics to acquire controlling stake in NovaAlgoma Cement Carriers

P&O Maritime Logistics, a wholly owned subsidiary of DP World, has entered into a definitive agreement to acquire a controlling stake in NovaAlgoma Cement...

Maersk estimates effective US tariffs average 21% currently

Maersk opens new tab estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said...

Reach Subsea ASA: Successful placement of senior unsecured bond issue

Reach Subsea ASAhas successfully completed a new 3-year senior unsecured floating rate bond issue of NOK 500 million. The bond will carry a coupon of...

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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...