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Baltic index rises to three-week high as larger vessel rates firm

The Baltic Exchange’s dry bulk sea freight index rose to scale an over-three-week high on Monday due to an increase in larger vessel rates. The...

SteelShips linked to product tankers order at K Shipbuilding

SteelShips is being linked by broker reports to an order at K Shipbuilding for two petroleum product tankers. It is suggested that the LNG and...

Samsung Heavy industries wins container ship deal amid U.S.-China Tensions

Samsung Heavy Industries has secured its first container ship order of the year, as the Korean shipbuilding industry is expected to benefit from the...

French CMA CGM to acquire Turkish Borusan’s logistics subsidiary in $440 million deal

French shipping giant CMA CGM's subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan's, opens new tab logistics arm, Borusan...

China says CK Hutchison’s ports deal must not avoid antitrust review

China’s top market regulator said on Sunday it was paying close attention to CK Hutchison’s 0001.HK planned sale of most of its ports operations...

Trump says US ships should be allowed to travel through the Panama and Suez canals for free

U.S. President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal and Suez...

Avance Gas Holding: First Quarter 2025 Earnings Release

Avance Gas Holding reported the first quarter 2025 earnings results.   Net profit of $42.6 million and earnings per share of $0.56 for the first...

NORDEN raises full-year guidance 2025

On the back of the increased gains from sales of vessels and good operational performance, NORDEN upgrades the 2025 full-year guidance and now expects...

Bureau Veritas strengthens support for wind propulsion with Union Maritime’s Methanol-ready tankers

Bureau Veritas Marine & Offshore is reinforcing its commitment to sustainable shipping by classing a series of methanol-ready oil and chemical tankers for Union...

Höegh Autoliners ASA: First quarter results and distribution of dividends

Höegh Autoliners continued to report solid financial performance in the first quarter of 2025. The gross revenue was USD 329 million/NOK 3,559 million, operating...

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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...