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Gibson Weekly Tanker Market Report [W13]

As the sanctions effort ramps up against Russia, governments around the world are seeking ways to wean themselves off Russian oil, whilst also managing...

Maran Gas, Knutsen agree LNG carrier deals with PGNiG

Maran Gas and Knutsen OAS Shipping will provide two newbuild liquified natural gas (LNG) carriers each to PGNiG. The vessels will enter service in 2025,...

Maersk commits to net zero steel by 2040

To contribute with a clear demand signal and catalyse the transition to sustainable green steel, A.P. Moller – Maersk (Maersk) has decided to join...

EU Ban on Russian Coal to Be Pushed Back to Mid-August – Sources

European Union envoys are set to approve on Thursday a ban on Russian coal that would take full effect from mid-August, a month later...

Combination between Frontline and Euronav

Frontline and Euronav NV announced that the companies have signed a term sheet that has been unanimously approved by their Board of Directors and...

Global freight seen steady but surplus supply weighs

Global tanker freight is seen steady over the next few months as oil buyers replenish inventories, exporters release reserves, refinery margins remain high and...

Chinese steel futures fall on lean demand, lower raw material prices

China’s steel rebar and hot-rolled coils futures dropped on Thursday, as downstream demand remained sluggish amid the fresh wave of COVID-19 cases while weaker...

Baltic index hits lowest in over 5 weeks as vessel rates dip

The Baltic Exchange’s dry bulk sea freight index hit its lowest in over five weeks on Thursday, dragged down by declining rates across all...

Golar LNG: Sale of shares in New Fortress Energy

Golar LNG announced that it has sold approximately one third of the 18.6 million New Fortress Energy shares received upon completion of the sale...

EU countries hunt for global coal stocks as Russian ban looms

European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion...

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...