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Dip across vessel segments drags Baltic index to over 2-month low

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest in more than two months...

Russia’s pipeline repair has Europe worried – report

When Russia turns off the gas through the Nord Stream 1 pipeline for maintenance in July, Europe is starting to worry that it won’t...

BW Energy: Agreement to acquire FPSO Cidade de Vitoria

BW Energy has signed an agreement to acquire the FPSO Cidade de Vitoria from Saipem for a cash consideration of USD 73 million. The...

Petrobras Board Approves New CEO Amid Protests

The board of directors of Petrobras approved Caio Paes de Andrade as the company’s new chief executive officer, the fourth person at the helm...

Seanergy: Approval of Listing on Nasdaq for Spin-Off

Seanergy announced that the application of United Maritime Corporation (“United”) to list its common shares on the Nasdaq Capital Market has been approved. In...

G7 Weighs Russia Oil-Price Cap Via Insurance and Shipping Ban

Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions on insurance and shipping,...

Iron ore climbs one-week high on China demand hopes, easing COVID curbs

Dalian and Singapore iron ore futures hit one-week highs on Monday, supported by hopes that Chinese steelmakers would restart dozens of blast furnaces idled...

Baltic index hits near 2-week low

The Baltic Exchange’s main sea freight index hit a near two-week low on Monday, hurt by lower rates across vessel segments. The overall index,...

Höegh LNG: FSRU contract with AIE in Australia confirmed

Höegh LNG announced that Australian Industrial Energy has lifted its final subjects for the FSRU contract which was signed by Höegh LNG and AIE...

Imperial Petroleum Announces Receipt of Nasdaq Notice

Imperial Petroleum announced that it has received written notification from The Nasdaq Stock Market dated June 17, 2022, indicating that because the closing bid...

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Okeanis posts strong profit in 1Q2026

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,...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

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...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

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...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

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 shows strong resilience despite geopolitical tension

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, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...