“Having narrowly avoided a recession in the fourth quarter of 2022, the Japanese economy appears to be recovering. However, Japan’s demand for steel remains...
The Baltic Exchange’s dry bulk sea freight index dipped on Thursday as declines in the supramax vessel rates outweighed gains in capesize and panamax...
Transocean announced contract fixtures for two of its harsh environment semisubmersibles. Together, the fixtures represent approximately $113 million in firm contract backlog.
Transocean Endurance was...
Wartsila is seeing a potential role for ethanol in the shipping industry’s multi-fuel future, with shipowners struggling to find suitable future fuels to reduce...
The Baltic Exchange’s main sea freight index edged up on Wednesday on higher rates for capesize and panamax vessel segments.
The overall index, which factors...
Seaspan, a wholly owned subsidiary of Atlas Corp., announced that the Company and Poseidon Acquisition Corp. an entity formed by certain affiliates of Fairfax...
Lomar Shipping, the shipping subsidiary of the Libra Group, has announced the appointment of Marius Bujor as its new Technical Director. Based in the...
Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026.
Financial performance of the First Quarter Ended March 31,...
Financial Results
In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...
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...
APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...
Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...
