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Diana Shipping Announces Direct Continuation of Time Charter Contract for m/v Medusa With Cargill

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

Maersk considers suspending all shipments to Russia

In light of the current conflict between Russia and Ukraine, we at A.P. Moller – Maersk are closely monitoring and preparing to comply with...

Diana Shipping Reports 2021 Net Income of $57.4 Million

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, reported net income of $41.1 million and net income attributed...

Performance Shipping Reports Q4 Loss

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported a net loss from continuing and discontinued operations attributable...

Navios Holdings posts ‘excellent results’ for the fourth quarter and full year of 2021

Navios Holdings, a global seaborne shipping and logistics company, reported financial results for the fourth quarter and year ended December 31, 2021. Highlights Net Income $31.8 million...

Teekay Corp: Improved adjusted results in fourth quarter of 2021

Teekay Corporation reported results for the fourth quarter and year ended December 31, 2021. CEO Commentary “Our adjusted results in the fourth quarter of 2021...

Seadrill Announces Emergence from Chapter 11

Seadrill announced that it has emerged from Chapter 11 after successfully completing its reorganization pursuant to its Chapter 11 plan of reorganization. The Plan...

Diana Shipping Announces Time Charter Contract For m/v San Francisco with Koch

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

Vitol CEO Sees Oil Above $100 for a ‘Prolonged Period’

Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine months, with the world setting...

Petrofac signs floating offshore wind MOU with Seawind Ocean Technology

Petrofac, a leading international service provider to the energy industry, has signed a Memorandum of Understanding (MOU) with Seawind Ocean Technology, an engineering and...

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Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

Greek-managed vessel confirmed seized by Iran in Hormuz Strait

A Greek-managed container ship has been seized by Iranian forces in the Strait of...

Iran seizes two ships in Hormuz αfter Trump halts attacks indefinitely

Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip...

Military planners to discuss Hormuz reopening in London

Military planners from more than 30 countries will hold two-day talks in London from...

Wärtsilä launches next-generation simulation platform to support future-ready maritime training

Technology group Wärtsilä announces the launch of NTPRO 7, a next‑generation bridge and ship‑handling...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...