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Wallenius Wilhelmsen delivers stability and a strong Q1 in an uncertain market

Wallenius Wilhelmsen delivers a strong Q1 result with an EBITDA of USD 462m. “We deliver solid financial results despite seasonally low volumes, soft H&H...

Wärtsilä launches carbon capture solution to shipping market after world-first full-scale installation success

Technology group Wärtsilä has announced that its breakthrough carbon capture solution (CCS) is now commercially available to the global maritime industry, delivering a step-change...

Wallenius Wilhelmsen secures $140 million heavy equipment shipping contract

Wallenius Wilhelmsen enters into a three-year shipping contract with one of the world’s leading construction and mining equipment manufacturers. The contract is estimated to...

Ocean Yield increasing its investment in Geogas LNG

Ocean Yield AS announced last year an investment in Geogas LNG, which provided an indirect economic interest of 34% in the French company France...

Ardmore Shipping Corporation announces Financial Results for the three months ended March 31, 2025

Ardmore Shipping Corporation announced results for the three months ended March 31, 2025. Highlights and Recent Activity Reported Adjusted earnings and net income attributable to common stockholders...

Genco Shipping & Trading Limited announces Q1 2025 Financial Results

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the...

Excelerate Energy reports strong first quarter 2025 results and raises full-year guidance

Excelerate Energy reported its financial results for the first quarter ended March 31, 2025. RECENT HIGHLIGHTS Reported Net Income of $52.1 million for the first quarter Reported...

Pyxis Tankers announces loan commitment for potential fleet expansion

Pyxis Tankers, an international shipping company, announced that it had signed a commitment letter with an existing bank for a “hunting license” loan facility...

Navios Partners: Q1 revenues and profits down on lower charter rates

Navios Maritime Partners, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the first quarter ended March...

Evalend Shipping linked to tanker order at HD Hyundai

South Korea’s HD Hyundai has confirmed it has received an order for the construction of two 157,000-dwt tankers, valued at approximately USD 180 million. Deliveries...

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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...