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Wilhelmsen to increase shareholding in NorSea to 99%

A trusted provider of logistics services to the offshore industry for over 60 years, supporting leading operating companies on the Norwegian continental shelf, NorSea...

Middle East-Japan VLGC rates soar to near 1.5-year high

Persian Gulf-Japan Very Large Gas Carrier rates surged to the highest in almost one year and five months to around $105/mt May 31, rebounding...

China iron ore futures extend gains on demand hopes

Chinese iron ore futures rose for the fourth straight session on Wednesday, as investor sentiment shored up after the state council rolled out package...

Baltic index snaps six-session losing streak on capesize gains

The Baltic Exchange’s main sea freight index snapped a six-session losing streak on Wednesday, as gains in the capesize segment outweighed losses in panamax...

Shell’s Jackdaw gas field given go-ahead by UK regulators

Development of a major North Sea gas field has been approved by regulators. The Jackdaw field, east of Aberdeen, has the potential to produce...

Maersk carries out its first international relay shipments in China

With 27 containers from Vancouver, Canada, being loaded onto the container vessel ‘Merete Maersk’, the first batch of Chinese coastal relay of international cargo...

Precious Shipping acquires Njord bulkers

Precious Shipping has moved to acquire two secondhand handysize vessels from Njord Shipping at the price of USD 51 million. Specifically, subsidiaries, Precious Stones...

Seanergy reports strongest ever first quarter of a year

Seanergy announced its financial results for the first quarter ended March 31, 2022 and declared a quarterly dividend of $0.025 per share. Highlights of the...

Supply Chain Relief Sparks Feud Over U.S. Demand

Some supply strains in the US are easing, two years after a jump in demand started emptying shelves, snarling shipping and sowing the seeds...

ONE announces signing of Ship Building Contracts for Ten Very Large Container Ships

Ocean Network Express Pte. Ltd. has signed ship building contracts with both Hyundai Heavy Industries Co. Ltd. and Nihon Shipyard Co., Ltd. to construct...

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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...