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Flex LNG announces solid second quarter results

Flex LNG published its financial results presentation for the 2nd quarter of 2022...

US set to ship record crude into 2023 as energy crisis deepens

US crude sales overseas are set to hit fresh records through next year as American oil increasingly takes market share in Europe. Earlier this month,...

Capesize Rates Drag Baltic Dry Index Down Further

The Baltic Exchange’s main sea freight index fell on Wednesday, as rates for the capesize vessel segment dropped to their lowest level in over...

Port of Gothenburg: Freight volumes continue to increase

The Port of Gothenburg is growing in terms of volumes and enhancing its position as the guarantor of Swedish industry’s access to the world...

Stena Line achieves significant reduction of carbon emissions

Stena Line has decreased the carbon emissions by 11% per tonne of cargo carried over each nautical mile, as well as achieving a reduction...

Performance Shipping to Acquire 7th Vessel; Its First LR2 Aframax Oil Product Tanker

Performance Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 105,304 dwt LR2 Aframax oil...

ESL Shipping confirms an additional order for 5 electric hybrid vessels

ESL Shipping’s subsidiary AtoB@C Shipping declares an option and order for five additional vessels from the Indian shipyard Chowgule & Company Private Limited, from...

International Seaways Continues Returning Cash to Shareholders

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced that in connection with...

Insurers Cover Grain Ship from Ukraine’s Black Sea Ports

Broker Marsh and Lloyd’s of London insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain and food products from...

Canada, Germany sign deal to start hydrogen shipments

Canada intends to start shipping green hydrogen produced by wind farms to Germany by 2025, the first step in a partnership to help Europe’s...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...