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Hanwha to invest $72M in Philly Shipyard to build LNG carriers

Hanwha Group plans to invest 100 billion won ($71.8 million) in Philly Shipyard, its U.S.-based shipbuilding unit, as part of a long-term strategy to...

Savannah container trade up 17 percent in April

The Georgia Ports Authority had its busiest April ever for container trade, moving 515,500 twenty-foot equivalent container units last month. The Port of Savannah...

Subsea7 awarded contract offshore Norway

Subsea 7 announced the award of a contract by the operator ConocoPhillips Skandinavia AS for a front-end engineering and design study for the Previously...

Singapore-based Hafnia and Cargill bunker procurement JV begins operations

Singapore-headquartered tanker operator Hafnia announced the official operational launch of Seascale Energy – a bunker procurement joint venture between Hafnia and partner Cargill. The collaboration...

Qatar’s North Field East gas expansion to begin output in mid-2026

Qatar's North Field East natural gas expansion project will begin production in mid-2026, QatarEnergy Chief Executive Saad al-Kaabi said in a statement on Tuesday. Kaabi...

Golden Ocean reports first-quarter loss

Golden Ocean Group Limited, the world's largest listed owner of large size dry bulk vessels, announced its unaudited results for the quarter ended March...

Safe Bulkers maintains strong balance sheet in Q1; takes delivery of 12th newbuild

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three-month periods ended March 31, 2025.

Iron ore edges higher on resilient demand, soft China data caps gains

Iron ore futures prices inched up on Tuesday amid resilient near-term demand for the steelmaking ingredient, though gains were limited by subdued economic data...

Baltic Index inches lower on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, inched lower on Tuesday due to...

Longship Group confirms option for four additional PMAX ECO TRADER vessels

Longship Group has confirmed the option for four additional PMAX ECO TRADER vessels. This decision brings the total number of vessels in the series...

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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...