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IUMI publishes risk mitigation for the safe ocean and short-sea carriage of electric vehicles

In 2023, the International Union of Marine Insurance (IUMI) published a set of best practice and recommendations for the safe carriage of electric vehicles....
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BOURBON wins a 5-year contract with ExxonMobil in Angola and launches its new 34m Crewboat model

BOURBON reinforces its 15-year collaboration with ExxonMobil in Angola, announcing the signing of a five-year contract for the charter of new 34-meter vessels to...
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DOF Group ASA – Successful placement of USD 150 million senior unsecured bond

DOF Group ASA has successfully priced a 5-year USD 150 million senior unsecured bond. The Bonds will carry a fixed coupon of 8.125% p.a.,...
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Hafnia Limited: Hafnia enters into a preliminary agreement to acquire 14.45% of TORM’s shares from Oaktree

Hafnia Limited announces that Oaktree Capital Management, L.P. and its, the controlling shareholder of TORM plc, has accepted, subject to entering into a definitive...
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Iron ore extends gain as Goldman Sachs lifts fourth-quarter price forecast

Prices of iron ore futures climbed for a second straight session on Wednesday, as Goldman Sachs raised its average price forecast for the fourth...
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Baltic index hits near two-week low as larger vessel rates fall

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a near two-week low on...
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A new generation of LNG carriers with Greek footprint

The LNG carrier market is at a crucial crossroads. On the one hand, global demand for liquefied natural gas continues to strengthen, fueled by...
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Mythos AI and lomarlabs launch Next-Gen Bridge Intelligence Pilot Aboard CB Pacific

Mythos AI, a leader in AI-driven marine autonomy systems, has completed the installation of its Advanced Pilot Assistance System (APAS) aboard the CB Pacific,...
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BW Offshore signs head of agreement with Equinor for Bay du Nord FPSO

BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada Ltd, confirming its selection as preferred bidder for the Floating Production, Storage...
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Fugro secures two contracts to support Brazil’s offshore energy expansion

Fugro has signed two three-year contracts with offshore energy services company Constellation to support responsible deepwater exploration activities in two of Brazil’s most strategically...
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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...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

US-Iran peace hopes fade as Trump scraps talks

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday,...

Boluda Towage strengthens its presence in Southeast Asia with the acquisition of Seatrium Group’s...

Boluda Towage takes a new step in its global expansion with the acquisition of...

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...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

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...

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