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C3is reports increased fleet; zero borrowing

C3is Inc., owned by Harry Vafias, has grown its fleet by 230% and it now seeks to capitalize on the stability offered by zero...

US pressures European leaders over Russian oil purchases

U.S. President Donald Trump told European leaders on Thursday that Europe must stop buying Russian oil that he said is helping Moscow fund its...

US tells countries to reject UN ship fuel emissions deal or face tariffs – report

The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S....

Jinhui Shipping & Transportation sells supramax

Jinhui Shipping and Transportation announced that a wholly-owned subsidiary of the Company entered into a memorandum of agreement on 4 September 2025 for the...

Scorpio Tankers Announces Time Charter-Out Agreement

Scorpio Tankers announced a time charter-out agreement and an update on daily TCE rates. Time Charter-Out Agreement The Company recently reached an agreement to time charter-out...

Iron ore hits multi-week high on hopes of improving China demand

Prices of iron ore futures rose for a third straight session on Thursday to hit multi-week highs, helped by hopes of improving China demand. Rising...

Baltic Index Edges Up On Stronger Capesize And Panamax Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Thursday, driven by higher rates...

World’s top ports see strongest expansion in nearly a decade

Despite geopolitical tensions and trade tariffs, the world’s leading ports recorded the strongest expansion in nearly a decade in terms of container traffic in...

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....

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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Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Samudera Shipping reports lower y-o-y net profit despite higher revenue for 1HFY2026

Mainboard-listed Samudera Shipping has reported a 20.5% y-o-y dip in net profit to US$33.2 ($42.9) million for 1HFY2026 ended June 30 in a bourse...

Performance Shipping reports financial results for the second quarter and six months ended June 30

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.9 million and net income attributable...

Capital Clean Energy Carriers announces second quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2026. Key Highlights Took delivery...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

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...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...