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Seanergy Announces New Refinancing Facility with Japanese Lender

Seanergy reported that it has entered into a definitive agreement with a reputable Japanese lender to refinance the loan facilities secured by the 2012-built...

International Seaways cuts losses in Q4

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the fourth...

Russian Oil Disruptions Escalate Causing Global Prices to Rise

Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and transport Russian crude and at least 10...

Russian LNG Cargoes to Europe Disrupted by Looming Port Bans

Supplies of Russian liquefied natural gas (LNG) to Europe have been disrupted by uncertainty over whether ships can discharge cargoes at European ports due...

TORM: Strong Product Tanker Market Recovery in Q4

“After a challenging year in the product tanker market, we saw a recovery towards the end of 2021. On average, Q4 2021 rates were...

Asian Aframax freight for shipping Far East Russia ESPO crude nearly double

The freight rate for hauling Russian ESPO crude from the Far Eastern port of Kozmino to North China soared following Moscow’s invasion of Ukraine...

China steel prices rise to over 2-week high on exports optimism

Steel futures in China, the world’s biggest producer of the manufacturing and construction material, rose to a more than two-week high on Wednesday on...

Baltic index up on firm demand across all vessels

The Baltic Exchange’s dry bulk sea freight index rose for a second session on Wednesday, helped by an uptick in rates across all vessel...

Port of Thessaloniki to handle megamax container vessels

The Port of Thessaloniki (ThPA S.A.) has awarded its contract for works on a sixth pier to serve Ultra Large Container Vessels carrying up...

Cosco Shipping sees full-year profit surge 261%

Cosco Shipping (Singapore) reported a surge of 261 per cent for its FY2021 earnings to S$30.1 million from S$8.3 million a year prior. The company...

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HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Capital Clean Energy Carriers Corp. announces first quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2026. Key Highlights Completed an...

Stainless Tankers announces financial results, reshapes leadership

Stainless Tankers ASA announces results for the three-month period ended March 31, 2026, Chairman and CEO change. Highlights Net loss of $0.06 million, on net revenue...

CLIA’s high-level Policy Event in Greece Highlights Cruise Growth, island communities, economic impact and...

· CLIA hosted a high-level Policy Event in Athens in collaboration with the Deputy...

Trump administration launches nuclear-powered shipping initiative

U.S. Transportation Secretary Sean P. Duffy and the Maritime Administration (MARAD) today launched an...

DP World launches end-to-end cargo war risk insurance for middle east trade

DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses...

CMA CGM containership confirmed attacked in Hormuz, crew injured

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

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...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...