Scorpio Tankers has exercised purchase options on eight ships, namely two handymax product tankers, the STI Battersea and STI Wembley, as well as four...
A coalition of shipping leaders is launching today to identify, accelerate and advocate technology solutions for the maritime industry to measure and manage methane...
Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly...
Capital Product Partners L.P., an international owner of ocean-going vessels, announced the increase of the day rate for two of its LNG carriers, ‘Aristarchos’...
French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a loosening of logistics bottlenecks in some regions...
Frontline reported unaudited results for the three and six months ended June 30, 2022:
Highlights
• Net income of $47.1 million, or $0.23 per basic and...
Performance Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 105,304 dwt LR2 Aframax oil...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...