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Greek shipowners: Strong role in transporting LNG from the US to Europe

Greek shipowners and entrepreneurs are leading the way in developing maritime corridors that will transport energy products from the US to Europe. The founder and...

India seizes three tankers in first action against dark fleet

The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on...

Wärtsilä and Abu Dhabi Maritime Academy explore collaboration to meet marine decarbonisation and sustainability goals

Technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a Memorandum of Understanding (MoU) to address the challenges and provide solutions for...

Nordic American Tankers sells oldest vessel in fleet

In a letter to shareholders, Nordic American Tankers revealed a sales agreement for a 2003-built suezmax tanker. “The sales price of the ship is $25...

Intermodal Weekly Market Report [W6]

 Libya’s oil sector is gaining renewed momentum in 2026, following a series of strategic developments that took place recently at the Libya Energy &...

Transocean to acquire Valaris

Transocean and Valaris announced on Monday that they have entered a definitive agreement to combine the two offshore drilling companies, with Transocean acquiring Valaris...

BW LPG Limited secures three-year time Charter-Out contracts for two VLGCs

BW LPG Limited announced that it has entered into three-year time charter-out contracts for two of its VLGCs, BW Tucana and BW Yushi. The...

HD KSOE’s Q4 net profit rises sharply on strong shipbuilding sales

HD Korea Shipbuilding & Offshore Engineering (KSOE) Co., a subholding company of shipbuilding giant HD Hyundai Co., said Monday its fourth-quarter net profit rose...

EGC and Trafigura ship copper and cobalt to global markets via the Lobito Atlantic Railway

Entreprise Générale du Cobalt and Trafigura have agreed the first delivery of copper and cobalt to global markets via the Lobito Atlantic Railway, marking...

Hapag-Lloyd says 2025 transport volume up 8%, to 13.5 million TEU

On the basis of preliminary figures, Hapag-Lloyd achieved Group revenues of USD 21.1 billion (EUR 18.6 billion) in the 2025 financial year. The Group...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

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.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

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...