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Philippe Louis-Dreyfus passes away; ECSA extends deepest condolences

Philippe Louis-Dreyfus has been among the greatest personalities that have served as President and member of the Board of ECSA. He represented a rare...

Australia imposes sanctions on Russian shadow fleet vessels

The Australian Government has imposed targeted sanctions on 60 vessels linked to Russia’s shadow fleet. This is the first time Australia has imposed sanctions against...

Iron ore extends losses on slowing China demand

Iron ore futures fell on Wednesday and were on track for a fifth session of declines, pressured by slowing demand for the steelmaking material...

Baltic index falls to one-week low on weaker capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, fell to a one-week low on Wednesday due...

Euroseas reports strong first quarter 2025 results; Declares $0.65 dividend

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three-month...

Container traffic at Piraeus port on the rise

An upward trend has been recorded in container traffic at the Port of Piraeus, despite ongoing geopolitical tensions that affect global trade flows. The full...

Port of Long Beach sees cargo decline for May

Trade moving through the Port of Long Beach declined 8.2% in May due to tariffs and retaliatory tariffs, but a temporary pause on those...

Yinson Production and “K” LINE partner to jointly develop and market FSIU and liquefied CO² carrier solutions

Yinson Production and “K” LINE ENERGY SHIPPING (UK) LIMITED (KLES), a London-based subsidiary of Kawasaki Kisen Kaisha, have entered into an agreement to jointly...

PETRONAS, MISC and MOL announce landmark joint venture to advance cross-border CO2 transportation

PETRONAS CCS Ventures, MISC Berhad , and Mitsui O.S.K. Lines, announced the incorporation of a strategic joint venture, Jules Nautica Sdn. Bhd. This JV...

Globus Maritime Limited reports financial results for the quarter ended March 31, 2025

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2025. Revenue $8.6 million...

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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...