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Performance Shipping secures long-term time charter contract at us$23,750 per day with Μercuria for LR1 newbuilding tanker

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered...

Intermodal Weekly Market Report [W24]

The escalation in mid-June 2025, marked by Israeli strikes against Iranian military and energy infrastructure and Iran’s subsequent missile and drone reprisals, has heightened...

Dalian iron ore steady as traders assess mixed Chinese macro data

Dalian iron ore was little changed on Tuesday as traders assessed mixed macroeconomic data and resilient steel demand from top consumer China. The most-traded September...

Baltic Index down on weaker rates for large vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, fell on Tuesday on weaker rates for large...

TEN posts strong Q1 results; EBITDA at $103 million

TEN reported results (unaudited) for the quarter ended March 31, 2025. Q1 2025 SUMMARY RESULTS TEN generated revenues of $197.1 million and operating income of $60.6...

Celestyal unveils for the first time the new cabins of Celestyal Discovery – an investment with a strong Greek footprint supporting the domestic shipbuilding...

Celestyal has released the first official images of its enhanced cabin offering onboard Celestyal Discovery, following the ship’s second extensive winter refit in Athens...

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

“K” LINE ENERGY SHIPPING, a London-based subsidiary of Kawasaki Kisen Kaisha, and Yinson Production have entered into an agreement to jointly develop and market...

Tzitzikostas outlines the EU Commission’s priorities for shipping

The European Commission’s key strategies regarding the maritime industry were presented by the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, during an...

TEN leads in strategic shipping sectors

Tsakos Energy Navigation stands out in strategic segments of maritime transport. More specifically, TEN has been transformed “into an infrastructure company, with long-term commitments,”...

Iron ore ticks higher on firmer China demand; tariff concerns cap rise

Iron ore futures prices edged up on Monday, supported by resilient demand for the steelmaking material, though U.S. steel tariff concerns capped gains. The most-traded...

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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...