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Seadrill New Finance Emerges from Chapter 11

Seadrill Limited unit Seadrill New Finance (the Issuer) has emerged from chapter 11 after successfully completing its pre-packaged restructuring pursuant to its chapter 11...

New time charter for Avance Gas

Avance Gas has entered into a two-year time charter agreement for its second dual fuel very large gas carrier, Avance Capella. The agreement is...

Top Ships Announces Delivery of 1st VLCC, Sale of 2 Product Tankers

TOP Ships, an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced the delivery of the very high-specification, scrubber-fitted, 300,000 dwt...

Piracy, armed robbery cases in Singapore Strait hit 6-year high in 2021

The number of piracy and armed robbery cases in the Singapore Strait hit a six-year high in 2021, even as such cases in Asia...

Gibson Weekly Tanker Market Report [W03]

Decarbonisation talk appears to be everywhere nowadays - on a government level and in a plethora of industries.

Höegh signs contract with China Merchants Heavy Industry to build a series of its zero carbon ready Aurora class vessels

Höegh Autoliners is pleased to announce that it has entered into a contract with China Merchants Heavy Industry (Jiangsu) Co., Ltd. (CMHI) for four...

Gary Vogel, Chief Executive Officer of Eagle Bulk Shipping Inc. named Connecticut Maritime Association 2022 Commodore

Mr. Gary Vogel, Chief Executive Officer of Eagle Bulk Shipping Inc., has been named as the Connecticut Maritime Association (CMA) Commodore for the year...

Port of Los Angeles Reports Record 10.7 Million TEU Throughput in 2021

Breaking its previous calendar year record by 13%, the Port of Los Angeles processed about 10.7 million Twenty-Foot Equivalent units (TEUs) during 2021.The milestone,...

China’s 2021 soy imports from Brazil fall on lower demand

China’s soybean imports from Brazil in 2021 fell from the previous year, customs data showed on Thursday, as lower demand curbed purchases. The world’s...

Singapore fuel oil inventories fall 5% as net imports drop

Singapore residual fuel oil inventories fell 5% in the week to Jan. 19, slipping from a near two-month high in the previous week as...

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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.

TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

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...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...