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Hormuz oil exodus sets stage for chaotic rebalancing act

Crude prices may be back near levels seen before the Iran war, but the surge in oil exports from the Middle East following the...

DOF Group ASA – Awarded 3-year contract for Skandi Involver

DOF Group ASA has through its North America subsea region been awarded a Very Large contract for Skandi Involver. Commencement of the contract will...

Jeio Heavy buys Gunsan shipyard to revive South Korea shipbuilding hub

The Gunsan Shipyard in North Jeolla, which halted operations nine years ago and partially restarted in 2023 with block production, has a new owner....

Western Bulk: Results of offer to acquire own shares

Reference is made to the stock exchange releases of Western Bulk Chartering AS(“Western Bulk” or the "Company") dated 20 and 28 May 2026 concerning...

Greek shipowners expand container ship orders, led by feeders

The container shipping market is entering a period of deep structural realignment as global trade gradually shifts away from traditional long-haul routes toward more...

France seizes ‘Shadow Fleet’ tanker, stepping up pressure on Russia

France’s navy seized another tanker it said was linked to Russia’s “shadow fleet” on Thursday, underscoring the escalation this year in European efforts to...

Vår Energi ASA submits plan for development and operations for the Gjøa Subsea Projects

Vår Energi ASA has taken final investment decision (FID) on the Gjøa Subsea Projects in the North Sea. Together with its partners, the Company...

Semco Maritime announces 5-year contract with INEOS

INEOS has engaged Semco Maritime for provisioning of onshore and offshore services for the company’s activities in the Danish part of the North Sea...

Ocean Yield not impacted by charterer’s restructuring

Reference is made to a press release announcement on 25 June 2026 by Braskem S.A. regarding the filing of a request for Precautionary Injunctive...

UN halts escort of ships through Hormuz after vessel comes under attack

The U.N. International Maritime Organization ​paused its operation to escort ships through the Strait of Hormuz on Thursday after a vessel reported an attack,...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

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...