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EU issues statement on 20th package of sanctions against Russia

Russia's war of aggression against Ukraine will soon reach 1500 days. In the entire last year, Russian forces advanced on average between 15 and...

Minerva Marine orders tankers at Hengli

Minerva Marine has placed an order for two 158,000 dwt suezmax crude tankers at Hengli Shipbuilding. The price per vessel is thought to be...

Rio Tinto and Glencore abandon merger plan

Further to the announcement of 8 January 2026, Rio Tinto plc and Rio Tinto Limited confirm that Rio Tinto is no longer considering a...

Travlou: Greek shipping, a force of stability in the face of global rifts

“Shipping must be preserved as the guardian of international trade and global prosperity,” the president of the Union of Greek Shipowners, Melina Travlou, said...

TEN Ltd. declares dividend on its Series E Cumulative Perpetual Preferred Shares

TEN Ltd., a leading diversified crude, product and LNG tanker operator, announced that its Board of Directors declared the regular quarterly cash dividend of...

AD Ports Group signs 30-year agreement with Aqaba Development Corporation to manage and operate Aqaba Multipurpose Port in Jordan

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, signed a 30-year concession agreement with Aqaba Development Corporation (ADC)...

Maersk delivered a strong 2025 with progress across the business

A.P. Moller – Maersk A/S delivered a strong performance in all businesses in 2025 as volume growth, operational execution and proactive cost measures helped...

Design and equipment contract for Transpetro’s new tanker fleet

Kongsberg Maritime has been contracted by Consórcio Marenova to design and equip four methanol/ethanol-ready handy size product tankers. The vessels will be built at...

NYK concludes long-term charter agreement for new LNG Carriers with US LNG Giant Cheniere

NYK Line, in partnership with Ocean Yield AS, has signed multiple long-term charter contracts for new liquefied natural gas (LNG) carriers with Cheniere Marketing...

Dorian LPG profit rises in third quarter

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers reported its financial results for the three months ended December...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...