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Baltic index scales over 8-month peak on higher rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, rose to an eight-month peak on Monday due...

New ICS Chairman Designate named and Secretary General takes the helm as industry faces critical global challenges

Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by The Hon....

Diana Shipping Announces Sale of Panamax Bulker

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced...

DOF Group ASA – Contract extension for Skandi Cutter

DOF Group ASA announced a Substantial contract extension for the AHTS vessel Skandi Cutter. The vessel is currently operating in Canada on a contract...

Oceaneering announces vessel services agreement

Oceaneering International announced that its Offshore Projects Group segment has entered into a vessel services agreement with a major operator for use of the...

BC Ferries orders 4 ferries at CMI Weihai Shipyard

BC Ferries has selected China Merchants Industry Weihai Shipyards to build four New Major Vessels following a rigorous global procurement process that included a...

Tsakos Group celebrates delivery of two newly built ships in South Korea

The Greek flag was raised twice and the national anthem was also played twice in distant Ulsan, South Korea, as the Tsakos Group held...

Davie advances American shipbuilding expansion with planned acquisition of Gulf Copper’s Texas Shipyards

Davie, a leading international builder of icebreakers and other specialized ships, announced its intention to acquire shipbuilding assets in Galveston and Port Arthur from...

Borouge and ADNOC L&S enter $531 million strategic partnership to accelerate growth of UAE petrochemical exports ​

Borouge and ADNOC Logistics & Services have entered a 15-year strategic partnership that will support a significant increase in the production and export of...

Vantage Corp announces pricing of $13 million initial public offering

Vantage Corp, a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, announced the pricing of its underwritten...

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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...