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US government boosts oil tanker fleet in national shipping overhaul

The United States is boosting access to commercial products tankers as part of a security drive to safeguard oil shipping for its armed forces...

Asia Fuel Oil-Premiums inch lower; more Oct loadings to emerge

Cash premiums for fuel oil eased further on Monday, with more October tenders and loadings set to emerge in the coming days. The 380-cst high...

Iron ore retreats on rising concerns about China property sector

Iron ore futures dipped on Monday after solid gains in the previous week, as negative headlines related to China’s property sector prompted caution. The steelmaking...

Capesize jump steers Baltic index to over 4-month high

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, on Monday hit its highest in more than four...

Sale of Abo FPSO for USD 20 million

BW Offshore has closed a transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group...

California sues 5 major oil companies, accuses them of deceiving public over the risks of fossil fuel use  

The state of California is suing the oil companies BP, ExxonMobil, Chevron, Shell and ConocoPhillips and their trade group, the American Petroleum Institute, over...

Korea’s STX denies rumor that it is backed by Chinese fund

South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, while refuting the false reports appearing through...

Republic of Marshall Islands to Flag Two First-ever 22,000 cbm Liquid Carbon Dioxide Carrier Newbuilds

The Republic of the Marshall Islands (RMI) will flag the first-ever state-of-the-art 22,000 cubic meters (cbm) liquid carbon dioxide (LCO2) carriers whose order was...

Chinese yards set to scale up LNG newbuild construction at record pace

Chinese shipyards have accumulated their largest number of LNG newbuild orders till date, positioning them in coming years as an alternative to South Korean...

Dynagas sees profits rise in second quarter

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas carriers, announced its results for the three and six months ended June...

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Golar LNG Limited Interim results for the period ended March 31, 2026

Golar LNG Limited Interim announced results for the period ended March 31, 2026. Recent highlights Golar LNG Limited reports Q1 2026 net income attributable to Golar...

ZIM reports financial results for the first quarter of 2026

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced its consolidated results for the three months ended March 31, 2026. First Quarter...

Dorian LPG posts biggest profit in nine quarters

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

Star Bulk posts strong Q1 results; net profit at USD 58.5 mln

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for...

Ocean Yield AS announces half yearly financial reports and audit reports

Ocean Yield AS announces results for the first quarter 2026. HIGHLIGHTS EBITDA for Q1 2026 was USD 47.3 million and Adjusted EBITDA was USD 82.3 million. Net...

Celestyal wins Gold Award at the ESG Shipping Awards International for its pioneering application...

Celestyal, through Optimum Ship Management, was distinguished in the Industry Partnership Leader Award category,...

Tankers exit Hormuz as Trump, Vance talk up Iran deal prospects

Two Chinese tankers laden with oil exited the Strait of Hormuz on Wednesday, shipping...

MSC Cruises: Focus on cruise development in Rhodes and the Dodecanese

MSC Cruises and Explora Journeys hosted an event aboard the luxury cruise vessel EXPLORA...

New ship recycling joint venture established in Bahrain

Bahrain's Arab Shipbuilding and Repair Yard (ASRY) and Indian ship recycling company the Priya...

Norway joins EU’s Baltic Sea Region cooperation amid greater security focus

Norway said on Monday it has joined the European Union's Strategy ​for the Baltic...

10th Naftemporiki Shipping Conference-Karakostas (PPA): Piraeus will rise even higher on the global port map

Angelos Karakostas, Deputy CEO of the Piraeus Port Authority, referred to the strategic role of ports — and particularly Piraeus — in the new...

PPA hosts Georgian delegation to explore cooperation in ports and logistics infrastructure

Piraeus Port Authority (PPA) welcomed a delegation from Georgia, headed by Tamar Ioseliani, who represented Georgia’s Minister of Economy and Sustainable Development, Mariam Kvrivishvili. Ioseliani...

MBS Logistics to be acquired by AD Ports Group

MBS Logistics Group has entered into a binding agreement to be fully acquired by AD Ports Group on 18 May 2026. The transaction covers...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...