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Danaos posts strong financial results; orderbook grows

Danaos Corporation, one of the world's largest independent owners of container vessels, reported unaudited results for the period ended December 31, 2025.  For management purposes,...

Minerva Marine orders tankers at Hengli

Minerva Marine has placed an order for two 158,000 dwt suezmax crude tankers at Hengli Shipbuilding. The price per vessel is thought to be...

TEN Ltd. declares dividend on its Series E Cumulative Perpetual Preferred Shares

TEN Ltd., a leading diversified crude, product and LNG tanker operator, announced that its Board of Directors declared the regular quarterly cash dividend of...

Dorian LPG profit rises in third quarter

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers reported its financial results for the three months ended December...

Contships posts Q4 profit; reveals sale of 20 vessels

Contships Logistics Corp., announced its unaudited financial and operating results for the three and twelve months ended December 31, 2025. Highlights Fleet Composition - During the year...

United Overseas Trading acquires certain entities of the Norvic Shipping platform

United Overseas Trading, a wholly owned subsidiary of United Overseas Group, announced that it has acquired certain entities from Norvic Shipping, specifically, the entire...

Pistiolis linked to order for 10 MR tankers in China

Central Group, owned by Evangelos Pistiolis, has agreed to build ten MR product tankers, according to industry sources. More specifically, the shipping company has reportedly...

Atlas Maritime orders 2+2 suezmax tankers in S. Korea

Atlas Maritime has reportedly placed an order for 2+2 suezmax tankers with DH Shipbuilding. The vessels are valued at approximately $86 million each, with...

Diana Shipping Inc. announces direct continuation of time charter contract for m/v Amphitrite

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned...

Greek flag maintains top-tier status in global shipping register

Greece remains on the list of the world’s “elite” flag states, in terms of quality characteristics, for another year, confirming its stable position in...

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Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Diana Shipping Inc. announces extension of tender offer for all outstanding shares of Genco Shipping & Trading

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...

Kongsberg Maritime Q2 2026: Record-high backlog and strong newbuild execution

Kongsberg Maritime ASA announced its results for the second quarter of 2026. A record-high order backlog driven by strong newbuild order intake and execution...

Robin Energy announces reverse stock split

Robin Energy, an international ship-owning company providing energy transportation services globally, announced that its board of directors has determined to effect a one-for-fifteen (1-for-15)...

Seanergy Maritime announces pricing of €100 million unsecured corporate bond trading on Euronext Athens

Seanergy Maritime Holdings Corp. announced the pricing of the offering of €100 million of unsecured bonds to investors in Greece. The Bonds will be...

IMO Council reaffirms commitment to protecting vital shipping lanes

The Council of the International Maritime Organization has concluded its 137th session by reaffirming...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

Höegh Autoliners extends contract with major Asian car producer into 2029

Höegh Autoliners ASA has agreed an extension of an existing contract with a major...

METLEN and Tsakos Group formalise partnership to develop one of Greece’s largest hybrid renewable...

METLEN and Tsakos Group formalised the launch of their partnership through METLEN’s entry into...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...