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TEN orders $1.3bn shuttle tankers; vessels backed by long-term charters

Tsakos Energy Navigation has ordered nine suezmax shuttle tankers in South Korea, at the price of USD 1.3 billion. A signing ceremony was held in...

Stylianides: Cruises are a key pillar of the Greek tourism industry and economy

The Minister of Maritime Affairs and Insular Policy, Christos Stylianides, participated in the 4th European Summit 2025 of CLIA (Cruise Lines International Association),...

Trade rises at Port of Long Beach in February

Trade moving through the Port of Long Beach rose for a ninth consecutive month in February as retailers continued to move goods ahead of...

Shell delivered record amount of LNG fuel to ships in 2024

Shell Plc said it delivered record volumes of liquefied natural gas to power ships last year, boosting the use of a fuel that’s become...

DP WORLD reports record revenue of $20.0 billion and EBITDA of $5.5 billion

DP World Limited has announced financial results for the year ended 31 December 2024. On a reported basis, revenue grew by 9.7% to $20.0...

d’Amico delivers strong financial performance in 2024

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, examined and approved...

Gulf Navigation gets green light to buyout Brooge Energy assets

The Dubai shipping firm Gulf Navigation has ticked off one major milestone in its ongoing turnaround by getting shareholder approval to take over the...

Sale of FPSO BW Pioneer with five-year O&M contract with the buyer

BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for USD 125 million to a subsidiary of Murphy Oil...

OOIL sees profit nearly double in the previous year

Orient Overseas announced a profit attributable to equity holders of US$2,577.4 million for 2024, compared to a profit of US$1,367.9 million in 2023. Earnings...

Baltic index at 17-week high on higher rates for all vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a 17-week peak on Thursday as...

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United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...