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Posidonia 2022 Conferences Set The Course To Navigate Tumultuous Times

The upcoming Posidonia 2022 Conferences and Seminars Programme will deep-dive into the crucial issues facing the global maritime community as the world economy tries...

Danaos profit soars in ‘exceptional’ first quarter

Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the quarter ended March 31, 2022. Highlights for the First Quarter...

Global Ship Lease Announces New Forward Charter Agreement

Global Ship Lease announced a forward agreement of a 48-52 month charter for the 8,600 TEU, 2004-built GSL Ningbo. The charter under the new...

Sovcomflot Sells Vessel to Meet EU Sanctions

Sovcomflot has finalized the restructuring of its loan portfolio through the sale of more than 10 percent of the operator of tankers and gas...

Four EU countries to increase offshore wind power capacity tenfold

Germany, Belgium, the Netherlands and Denmark will on Wednesday announce a joint pledge to build at least 150 gigawatts (GW) of offshore wind in...

UK Startup Wants to Build Batteries for Vessels

UK battery company Britishvolt Ltd. received an investment from shipping firm Scorpio Group as it looks to develop technologies to help decarbonize the maritime...

U.S. Container Imports Jump in April as Coastal Shift Continues

The seven-week Covid lockdown in Shanghai, prompting carriers to blank a third of export sailings on the Asia-Europe and transpacific tradelanes, is creating a...

Dalian iron ore edges higher on China demand optimism

Chinese iron ore futures and other steelmaking inputs rose on Tuesday, as hopes of an improvement in demand rose on optimism that COVID-19 lockdowns...

Russian crude production plunges by nearly 9% in April

Russian crude output in April fell by nearly 9% from the previous month, an internal OPEC+ report showed on Tuesday, as Western sanctions on...

Baltic index edges up on higher rates for capesize, panamax vessels

The Baltic Exchange’s main sea freight index firmed on Tuesday on higher rates for capesize and panamax vessels. The overall index, which factors in...

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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...

Robin Energy Ltd. reports results for the three months ended March 31, 2026

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announced its results for the three months ended March 31, 2026.Highlights of...

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...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

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...

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...