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Baltic dry index snaps 3-session losing streak on capesize strength

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, breaking a three-session losing...

Fire at Chevron oil platform offshore Angola injures 17

Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday at Chevron's (CVX.N), opens new tab deep-water...

Kumiai Navigation orders ultramax bulker at NACKS

Kumiai Navigation has reportedly ordered an ultramax bulk carrier in China as part of its fleet renewal program. Managing director Tomomaru Kuroyanagi told TradeWinds that...

Flex LNG delivers solid Q1 results

Flex LNG announced its unaudited financial results for the three months ended March 31, 2025. Highlights: Vessel operating revenues of $88.4 million for the first quarter 2025,...

Damen and CEAD join forces to develop 3D-printed HDPE Workboat

Damen Compact Crafts, part of the Damen Shipyards Group, and high-tech company CEAD are launching a collaboration to develop a 3D-printed HDPE Workboat (HWB)...

DP World to launch $2.5bn logistics infrastructure investment in 2025

DP World will invest $2.5 billion this year to expand its global logistics network, launching major infrastructure projects across India, Africa, South America and...

Damen Shiprepair Rotterdam hosts naming ceremony for Petrodec Obana platform

On 21 May 2025, a naming ceremony was held at Damen Shiprepair Rotterdam’s Botlek location for Obana, a self-elevating heavy lift jack-up. The project...

Pyxis Tankers announces financial results for the three months ended march 31, 2025

Pyxis Tankers, an international shipping company, announced unaudited results for the three months ended March 31, 2025. For the three months ended March 31, 2025,...

Iron ore rises on softer US dollar, steady demand

Iron ore futures rose on Wednesday, supported by a softer U.S. dollar and resilient demand for the steelmaking ingredient, although weakness in China’s property...

Baltic index falls to near one-week low

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday to a near...

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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...