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Purus orders a 180,000 cbm dual-fuel Liquified Natural Gas Carrier from Hyundai Heavy Industries

Purus has placed an order for a 180,000 cbm Liquified Natural Gas carrier (LNGC) from Hyundai Heavy Industries in South Korea. Upon delivery in...

NORDEN sells two MR tankers and declares a purchase option

As a continuation of the NORDEN's strategy to realise asset values, the company confirmed that it has sold two additional vessels. "Both vessels are...

OceanPal announces the sale of M/V Protefs

OceanPal, a global shipping company specializing in the ownership of vessels, announced that, through a separate wholly-owned subsidiary, it has signed a Memorandum of...

Intermodal Weekly Market Report [W22]

The long-awaited Simandou iron ore project in Guinea is poised to shift the global dynamics of iron ore supply and maritime trade. With reserves...

Baltic index gains for fifth straight session

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth straight session on...

Ocean Network Express advances green strategy with ship recycling policy

Ocean Network Express has advanced its Green Strategy by implementing a Ship Recycling Policy and joining the Ship Recycling Transparency Initiative (SRTI), reinforcing its...

Flex LNG finalizes refinancing deal for LNG carrier

Flex LNG announced the signing and successful completion of the $175 million JOLCO lease financing for the vessel Flex Courageous. The refinancing generated net...

Union Maritime launches financing scheme to boost wind propulsion

Union Maritime is developing a new lease financing program aimed at accelerating the adoption of wind-assisted propulsion systems (WAPS) in the maritime sector. The program,...

Lloyd’s Register, CoolCo and HD HMS successfully deliver sub-coolers for LNG boil-off reliquefaction retrofit on LNG Carrier Kool Glacier

Lloyd’s Register, Cool Company and HD Hyundai Marine Solution have successfully completed a landmark re-liquefaction retrofit on the Kool Glacier, a CoolCo-owned 162,000 CBM...

Panama removes over 650 ships from registry amid sanctions, stricter rules

Panama's Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and...

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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...