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China set for record crude oil imports in 2023 – analysts

China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following...

Sembmarine shareholders green-light merger with Keppel O&M

Shareholders of Sembcorp Marine (Sembmarine) have voted in favor of a merger with Keppel Offshore & Marine (Keppel O&M). Specifically, the $4.5 billion deal obtained...

OOCL Welcomes First of Six 24,000 TEU Megaships

Orient Overseas Container Line Ltd. (OOCL) took delivery of its first 24,188 TEU mega vessel, OOCL Spain, officially named at a ceremony held Thursday...

Port Of Los Angeles Moves 726,014 Container Units To Start 2023

The Port of Los Angeles processed 726,014 Twenty-Foot Equivalent Units (TEUs) in January, a 16% decrease from the previous January’s all-time record. “We expect softer...

Scorpio Tankers Post Net Income of USD 256 Million in Q4

Scorpio Tankers reported its results for the three months and year ended December 31, 2022. The Company also announced that its Board of Directors has...

Golden Ocean: Net Income of $68.2 Million in Q4

Golden Ocean Group Limited, the world’s largest listed owner of large size dry bulk vessels, announced its unaudited results for the three and twelve...

Baltic index nears three-year low on lower capesize, panamax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a near three-year low on Thursday on...

Atlas Reports Fourth Quarter 2022 Results

Atlas Corp. announced its results for the quarter ended December 31, 2022. Financial Highlights: Fourth quarter 2022 financial performance compared to fourth quarter 2021:Revenue increase of 1.9%...

Euroseas Reports Results for the Year and Quarter Ended December 31, 2022

Euroseas announced its results for the three-month period and full year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights: Total net revenues of $42.9 million.Net...

Savannah exports up 21 percent in January

The Port of Savannah’s loaded container exports grew 21 percent in January. The nation’s busiest port for U.S. goods handled 110,305 twenty-foot equivalent container...

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...