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DNV, HD KSOE and HD Hydrogen to collaborate on CO2 capture technology for SOFCs

HD Korea Shipbuilding and Offshore Engineering, HD Hydrogen, and DNV recently signed a Joint Industry Project agreement to develop and validate Pressure Swing Adsorption...

Northern Offshore Services expands fleet with Service Operation Vessel

Northern Offshore Services enters a new segment by acquiring Mistral Enabler, a Service Operation Vessel  from Edda Wind. The vessel will be renamed Northern...

Port Hedland iron ore exports down 5% on February

Pilbara Ports delivered a total monthly throughput of 49.5 million tonnes (Mt) for February 2025. This was a six per cent decrease compared to February...

NORDEN sells vessels and continues to buy back shares

NORDEN announced that in line with the company’s intention to realise asset values, they have sold five vessels since the release of the 2024...

Golar LNG signs finance lease agreements for FLNG Gimi

Golar LNG Limited announced that it has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of...

Fred. Olsen Ocean divests 50% ownership in United Wind Logistics GmbH

Fred. Olsen Ocean, a wholly owned subsidiary of Bonheur ASA, hasentered into an agreement for the sale of its 50% stake in United WindLogistics...

Dalian iron ore falls on worries over China demand

Dalian iron ore futures fell for a fourth straight session on Thursday, weighed by persistent worries over demand for the key steelmaking ingredient in...

Baltic Index falls on lower capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged lower on Thursday, hurt by falling...

Hapag-Lloyd publishes 2024 annual report and announces outlook for current financial year

Hapag-Lloyd published its new annual report today. According to the report, a slight increase in the operating result was achieved in 2024. The Group...

European shipping key for Europe’s security with 35% of global fleet, studies find

Ahead of the European Shipping Summit, European Shipowners released a Deloitte study on the EU Shipping Competitiveness and a CE Delft study on the...

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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...