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Russia Is Shipping Wheat at at ‘Rapid’ Clip in the Midst of War

Russia boosted wheat shipments by about 60% in March, despite that being the first month of its invasion of Ukraine. The country exported about...

Russian ships switch flags at record rate amid sanctions scrutiny

Many more Russian-flagged vessels than usual switched their flags to other countries in March, possibly to conceal their ties to Moscow and avoid being...

Okeanis Announces Delivery of VLCC Newbuilding

Okeanis Eco Tankers Corp. announced that it has taken delivery of the VLCC NISSOS KEA. The Vessel was delivered from Hyundai Heavy Industries in...

Gibson Weekly Tanker Market Report [W13]

The combination of high oil prices and the need to find alternatives to Russian crude has led to renewed interest in North Sea oil...

Ship fuel suppliers stop serving Russian vessels in the Med

Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including Spain and Malta in another blow to Moscow’s...

Market continues lull amid Chinese output slowdowns

The all-inclusive spot market into the US was level during the week ending April 1 as post-Lunar New Year demand had yet to recover...

Grindrod Announces Retirement of Chief Executive Officer

Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services predominantly in the drybulk sector, announced that its Chief Executive Officer (“CEO”), Martyn...

Panama Canal Seeking Toll Hikes

The Panama Canal Authority proposed a comprehensive restructuring of its toll system on Friday, which would increase rates charged on cargo such as vehicles,...

ConocoPhillips Extends Solstad PSV Trio

Three Solstad Offshore platform supply vessels (PSV) have secured new contracts with energy company ConocoPhillips Skandinavia, the Norwegian offshore vessels owner announced on Thursday. Normand...

Euronav announces final year results 2021; suspends operations with Russian customers

Euronav NV reported its final financial results today for the full year to 31 December 2021. The return of oil consumption at a global...

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Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...