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South Korea shipbuilders rue job cuts as LNG tanker demand surges – report

A surge in demand for liquefied natural gas tankers has left South Korea’s shipbuilding industry scrambling for workers after shedding half its work force...

Baltic index rises on stronger capesize, panamax rates

The Baltic Exchange’s main sea freight index, which tracks rates of ships carrying dry bulk commodities, rose on Tuesday as both capesize and panamax...

Subsea 7 awarded contract offshore West Africa

Subsea 7 announced the award of a substantial contract for the engineering, procurement, installation, and commissioning of flowlines and umbilicals, offshore West Africa. Project management...

GasLog Partners agrees charter deal for LNG carrier

GasLog Partners has signed a time charter agreement with Naturgy for the 2013-built liquefied natural gas (LNG) carrier GasLog Sydney, which is expected to...

Tanker to Arrive at Norwegian LNG Plant After 20-Month Outage

Liquefied natural gas (LNG) tanker Arctic Voyager is set to arrive at Norway’s Hammerfest terminal on May 9, Refinitiv Eikon data showed on Monday,...

Rosneft cuts diesel exports from key Russian port to zero

Russian oil giant Rosneft is not scheduled to export any diesel from the Baltic port of Primorsk in May as its main buyer, Swiss-based...

China flips to selling LNG export cargoes as pandemic curbs dent demand

China, the world’s largest LNG importer, has become a seller of LNG export cargoes as domestic demand wanes amid pandemic movement curbs in Shanghai...

Gibson Weekly Tanker Market Report [W17]

Tanker investments these days are not a straightforward decision...

Petrobras increases jet fuel prices by about 7%

Brazilian state-run oil company Petrobras increased its jet fuel prices in several cities starting on Sunday, data published on the firm's website showed. The...

Scorpio Tankers Reports Q1 Net Loss of $84.4 Million

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2022. The Company also announced that its Board of Directors has...

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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...