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TEN takes delivery of third DP2 shuttle tanker for long-term US oil major charter

TEN Ltd., the tanker operator controlled by Dr. Nikolas Tsakos, has announced the delivery and naming of the DP2 Suezmax shuttle tanker Anfield DP,...

Korea ship engine makers outpace shipbuilders as China demand lifts orders

Hanwha Engine and HD Hyundai Marine Engine, the two leading domestic ship engine makers, secured as much work in the first half of this...

Oil prices dip over 6% after US, Iran pause fighting over weekend

Oil prices tumbled more than 6% on Monday after the ‌U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising...

Saipem awarded new contracts in Ivory Coast and Italy by Eni worth approximately 800 million euro

Saipem has been awarded two new contracts, one offshore in Ivory Coast and one onshore in Italy, for a total value of approximately 800...

Rubico announces letter of intent for acquisition of a high specification Newbuilding MR Tanker

Rubico Inc., a global provider of shipping transportation services specializing in the ownership of vessels, announced it has entered into a letter of intent...

Russian gas cargoes to stay exempt as EU agrees new sanctions deal

Greek shipping company Dynagas will be allowed to continue carrying Russian liquefied natural gas as part of a compromise with other EU capitals to...

Greek shipowners expand dry bulk fleet with focus on conventionally fuelled vessels

Greek shipowners are continuing a broad renewal of their dry bulk fleets, with newbuilding orders remaining largely focused on conventionally fuelled vessels, according to...

DOF Group ASA – Further fleet optimisation through vessel transactions and update on Skandi Amazonas

DOF Group ASA announced two vessel transactions involving a total of six vessels as part of further fleet optimisation and high-grading efforts to strengthen...

Samsung Heavy Industries expands U.S. shipbuilding cooperation

Samsung Heavy Industries Co., a major South Korean shipbuilder, said Friday it will pursue broad cooperation with the U.S. shipbuilding industry as part of...

TOP Ships announces decision to sell M/Y Para Bellvm and exit the Megayacht Sector

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that it has decided to sell the M/Y Para...

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HHLA lowers earnings forecast for the 2026 financial year

Based on the business development to date and updated estimates for the fourth quarter of 2026, the Executive Board of Hamburger Hafen und Logistik...

Stena signs agreement to acquire Color Line

The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color...

TEN announces common shares dividend and share repurchase authorization

TEN, Ltd., following the conclusion of the Company’s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual...

UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...