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Sovcomflot to operate first Russian-built ice-class LNG carrier

The first Russian-built ice-class tanker for liquefied natural gas (LNG) is expected to operate in 2H2025 at the Arctic LNG 2 plant. The tanker, named...

Hengli Heavy Industries debuts first VLCC “ALIAKMON Ⅰ”, marking breakthrough in ultra-large shipbuilding

On June 24, Hengli Heavy Industries held a naming ceremony for its first 306,000 dwt very large crude carrier (VLCC). The new vessel was...

Diana Shipping announces time charter contract for m/v DSI Polaris with Cargill Ocean Transportation

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that through a separate wholly-owned subsidiary,...

Celestyal launches 2027 programme

Celestyal has unveiled its programme of 2027 and early 2028 sailings - its earliest-ever season launch. The year-round programme, which is on sale now, offers...

Iron ore rise on dollar weakness, China stimulus hopes

Iron ore rose on Thursday, reversing early losses, as a weaker U.S. dollar and promises from Chinese officials to boost domestic consumption lifted investor...

Baltic sea freight index slips as capesize rates lose steam

The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell on Thursday, as a decline in capesize...

Piraeus Bank co-finances Union Maritime’s first wind-assisted LR2

Piraeus, a Greek bank, is financing Union Maritime’s first LR2 tanker to harness wind energy. Union Maritime recently took delivery of “Brands Hatch“, the...

PPA S.A.: Welcoming ceremony of ‘Yuan Hai Kou’

The Piraeus Port Authority organized a welcoming ceremony for the inaugural voyage of the Yuan Hai Kou, one of the largest and most technologically advanced...

SLB OneSubsea secures EPC contract for northern lights CO2 transport and storage project expansion

SLB announced the award of an engineering, procurement and construction contract by Equinor to its OneSubsea™ joint venture for a CO2 subsea injection system...

HD Hyundai joins forces with U.S. shipbuilder for vessel construction

HD Hyundai announced the launch of a strategic shipbuilding collaboration in the United States centered on Tampa Ship, a major U.S. shipyard operating within...

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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...