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Frontline’s Fredriksen appointed to Euronav supervisory board

Belgium’s Euronav said its shareholders had overwhelmingly voted to elect John Fredriksen of peer Frontline, a major investor that pulled out of a merger...

UBS Likely to Shrink Credit Suisse’s $10 Billion Shipping Portfolio – Report

UBS Group AG will likely shrink Credit Suisse Group’s $10 billion shipping portfolio that it inherited as part of its emergency takeover on Sunday,...

Record U.S. Crude Flows to Europe and China

U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far this month, spurred by wide discounts...

Flush with cash, ONE swaps charters for own container ships

After years of relying on charters, container ship operator Ocean Network Express is tapping profits from the COVID-19 era to build its own greener,...

A. P. Moller – Maersk to divest Maersk Supply Service

A.P. Moller - Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, for an intended...

Diana Shipping: Time Charter Contract for m/v Leonidas P. C. with Cargill

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

Costamare Announces Investment In Neptune Leasing

Costamare has agreed to become the leading investor in Neptune Maritime Leasing Limited through the investment of an amount of up to $200 million. Neptune...

Pyxis Tankers: Strong growth in Q4

Pyxis Tankers announced unaudited results for the three months and year ended December 31, 2022. Summary For the three months ended December 31, 2022, our Revenues,...

Safe Bulkers Announces Appointments to the Board of Directors

Safe Bulkers announced that, on recommendation of the Corporate Governance, Nominating and Compensation Committee, the Board of Directors of the Company voted to expand...

Another profitable year for Seanergy despite global challenges

Seanergy Maritime Holdings Corp., announced its financial results for the fourth quarter and twelve months ended December 31, 2022. The Company also declared a...

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NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of 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...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

IMO Secretary-General calls for urgent release of 44 seafarers held by pirates

IMO Secretary-General Arsenio Dominguez has appealed for urgent international efforts to secure the safe...

Fincantieri creates an international underwater champion

The Group establishes the first vertically integrated underwater operator, bringing together eight centers of...

Iran fires missiles at commercial ships in Strait of Hormuz, Axios reports

Iran's Revolutionary Guards fired at least two missiles at commercial ships transiting through the...

KONGSBERG delivers advanced technology suite for next-generation NIOZ research vessel Anna Weber-van Bosse

KONGSBERG has supplied a comprehensive package of advanced ocean science and navigation technologies for...

Celestyal launches ‘Suite Summer Sale’ with fares from € 559 pp

Celestyal has launched a ‘Suite Summer Sale’ - live from July 1 - offering...

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...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...