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NYK positions CDR as measure to reduce scope 1 emissions

The NYK Group issued a position paper positioning carbon dioxide removal ("CDR") as a means to reduce Scope 1 emissions. In November 2023, the Group...

d’Amico announces the exercise of its purchase option on MT Cielo Di Houston

d’Amico International Shipping, an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C. exercised its...

Golar LNG announces sale of shareholding in Avenir

Golar LNG Limited has entered into a share purchase agreement for the sale of all its shares in Avenir LNG Limited  to Stolt-Nielsen Gas...

Penta-Ocean to build world’s largest and most advanced CLV

Penta-Ocean Construction and Fuyo General Lease announced that they will jointly own two large work vessels for use in offshore wind construction: a heavy...

Greeks dominate global tankers market

In the annual ranking of the strongest shipping nations – in terms of the total value of the fleet – published by the shipping...

Baltic index down to near two-year low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped to a 23-month low on Monday...

Seacon expands fleet through en-bloc transaction

Seacon Shipping Group Holdings has announced the acquisition of seven mini bulk carrier vessels from Baltic Shipping’s subsidiaries, with the total transaction valued at...

TMS Group in leasing deal for LNG carrier

SBI Leasing Services announced that it had partnered with BNP Paribas to arrange a leasing agreement with TMS Group. The deal involves the newly...

EDT Offshore and Synergy Marine Group announce Joint Venture: EDT Synergy Shipmanagement

EDT Offshore, a leading provider of integrated marine and subsea services, and Synergy Marine Group, a global ship management company, announced the formation of...

GSB Tankers and Asahi Tanker formed a JV for expansion in Asia

GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...