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TES attracts investment to accelerate energy transition

Tree Energy Solutions (TES), a Belgium-based green hydrogen company, has concluded its second fundraising round at €65 million ($66.2 million). The new capital will...

Korea Shipbuilding wins 2.87 tln-won order for 10 LNG carriers

Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has clinched a combined 2.87 trillion-won (US$2.2 billion) order to build 10 liquefied natural...

DHL, Hapag-Lloyd set example for sustainable ocean transport

DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has signed an agreement with Hapag-Lloyd, a leading worldwide liner...

OOCL Proves Carriers Can Still Perform in Softer Market

Ocean carrier average rates per teu appear to have plateaued in the second quarter, as contract rate increases are negated by tumbling spot rates,...

Black Sea Oil Port Halts On Russian Court Order

A Russian court order to halt oil loadings from a port in the Black Sea has unnerved European crude traders already reeling from the...

Seanergy Announces Delivery & Employment of Recent Capesize Acquisition

Seanergy Maritime Holdings Corp. reported the delivery of the recently-announced Capesize vessel acquisition, M/V Honorship, and the simultaneous commencement of its period employment. Moreover,...

Iron ore rebounds after selloff, but recession fears linger

Dalian iron ore recouped from a selloff in the previous session to rise 5% on Thursday, as the dollar eased, although concerns over a...

Korean Shipbuilders’ Order Intake At USD 26.5 bln in 1H2022

Korean shipbuilders’ order intake in the first half of 2022 reached 9.79 million CGT valued worth US$26.5 billion, accounting for 45.5 percent of the...

Crude oil price forecasts under pressure as recession fears mount

With crude prices under pressure from growing fears of a global recession while supply-side threats hang over the market, the near-term price forecasts for...

Flex LNG raises $100m with refinancing of seven ships

Flex LNG has launched a new phase of refinancing. Specifically, the company is planning to refinance another seven ships, expecting to be able to...

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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...