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BW Ideol and NGE join forces in the Mediterranean

BW Ideol, a leader in floating offshore wind and designer of the Damping Pool® concrete floating foundation, and NGE, France's 4th largest construction group,...

ABS grants AIP for nuclear-powered 15K TEU containership developed with KRISO and KAERI

ABS has awarded approval in principle (AIP) for a concept design for a nuclear-powered 15,000 TEU containership developed in collaboration with the Korea Research...

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...

China’s imports of Russian crude fall to the lowest in months

Russia’s crude deliveries to its top three buyers — India, China and Turkey — declined sharply in the week to July 15, according to...

Vale shareholders elect Oliveira chairman after governance tensions

Shareholders of Vale on ​Wednesday elected Manuel Lino Oliveira as chairman of ‌the Brazilian miner's board, a move backed by top shareholder Previ after...

Samsung Heavy inks deal with U.S. company on FSMR development

Samsung Heavy Industries, a major Korean shipbuilder, said Wednesday it has signed a memorandum of understanding with U.S. engineering firm Sargent & Lundy (S&L)...

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

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the group said on Thursday, and a Saudi news agency later...

Danaos takes delivery of first 8,000-TEU containership

Danaos Shipping Co. Ltd., controlled by Greek shipping magnate Dr. John Coustas, has taken delivery of the M/V Santorini Express, the latest addition to...

Pelagic Credit diversifies portfolio through US$24.7 million chemical tanker financing

Pelagic Credit Plc announced that it has entered into definitive agreements for a pre- and post-delivery financing investment in two 10,000 dwt chemical tankers,...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning recognition from the world’s leading ship inspection regimes. In Europe, the...

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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...