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MOL, ONGC sign charter contract for two very large ethane carriers

Japan’s Mitsui O.S.K. Lines, Ltd, the world’s second largest fleet owner by fleet size, on Tuesday signed a 15-year charter contract with state-owned Oil...

Ports: National planning enters the final phase

The strategic planning for Greek ports and marinas is entering a crucial phase, with the Growthfund preparing to announce the contractor for the holistic...

Poten sees five developments for tankers in 2026

2026 is expected to be another year of strong fluctuations for the tanker market. History shows that it is difficult to predict the course of...

Denmark renews green maritime tech and shipbuilding pact with China

China and Denmark have renewed an agreement on cooperating in green maritime technology and shipbuilding, China’s industry ministry said on Tuesday, reaffirming a long-term...

Hanwha Ocean and Algoma Steel sign MOU to support Canadian steel and jobs

Hanwha Ocean, a global shipbuilding and submarine manufacturer, has signed a binding memorandum of understanding with Algoma Steel Inc., a leading Canadian producer of...

China launches largest car carrier for HMM-Hyundai Glovis Partnership

China’s Guangzhou Shipyard International last week floated out the largest car carrier in the world. The massive vessel surpasses the 10,000 unit mark, becoming...

Stena Bulk becomes majority shareholder in Golden Stena Baycrest

Leading tanker shipping company Stena Bulk has today announced it has acquired an additional shareholding in Golden Stena Baycrest Tankers (GSB) from Bay Crest,...

Meriaura orders future-ready open deck carrier

Meriaura, a shipping company specialising in the sea transportation including complex and demanding special cargo, has signed a shipbuilding contract with Jiangsu Zhenjiang Shipyard,...

Intermodal Weekly Market Report [W4]

The containership market has entered 2026 on a subdued note, with activity easing ahead of the Chinese Lunar New Year on 17 February, following...

Pyxis Tankers announces updates on loan agreements, common share repurchase program & chartering activity

Pyxis Tankers Inc., an international shipping company, announced key loan, shareholder and chartering updates. On December 17, 2025, we closed the refinancings of the existing...

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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...