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FMC collects civil penalty payment of $1,900,000 from shipping line

The Federal Maritime Commission (FMC or Commission) investigates potential violations of the Shipping Act and Commission regulations and negotiates settlements and informal compromises of...

Scorpio Tankers Inc. announces agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding MRs and its intention to...

Scorpio Tankers Inc. announced that it has entered into agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding...

Samsung Heavy wins five-vessel order

Samsung Heavy Industries has secured a package order for five vessels spanning three vessel types from a single shipping company. Samsung Heavy Industries disclosed on...

Genco Shipping & Trading Board of Directors to review revised, unsolicited tender offer from Diana Shipping

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping Inc. increases all-cash offer to acquire Genco Shipping & Trading to $24.80 per share

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Union of Greek Shipowners: Greek shipping remains a global leader

The Union of Greek Shipowners has published its annual report for 2025–2026, presenting up-to-date statistical data on the Greek-owned fleet and its decisive contribution...

Heidmar Maritime Holdings Corp. reports results for the quarter ended March 31, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter ended March 31, 2026. First Quarter 2026 Highlights Total revenues of $18.4 million, up from $5.8...

US and Thailand speed LNG talks as war hits Qatar exports, sources say

The U.S. and Thailand are in talks on new ‌long-term supply of U.S.-produced liquefied natural gas, two sources said on Tuesday, negotiations that have...

Euroseas Ltd. announces 2-year charter contract extensions for its modern 1,800 teu feeder containerships, M/V Stephania K and M/V Pepi Star

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced charter contract extensions for its...

Mercuria and Motor Oil Hellas sign MOU to Cooperate on LNG supply through Dioriga Gas FSRU

Mercuria Energy and Motor Oil Hellas signed a Memorandum of Understanding establishing a framework for long-term cooperation in connection with the Dioriga Gas Floating...

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COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Q3 2026: KONGSBERG delivers a strong third quarter with a record-high order backlog

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand...

Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

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%...