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North Sea Producers to Explore Electrifying Oil and Gas Fields

North Sea producers BP, Equinor and Ithaca Energy on Tuesday signed an agreement to study the electrification of oil and gasoffshore production facilities in West of Shetland...

Hyundai Heavy Industries shipyard units’ unions to propose group wage talks

Labor unions of Hyundai Heavy Industries Group’s three shipbuilding subsidiaries have agreed to jointly negotiate for wage increases and other benefits with the management. The...

Tanker Jam Off Turkey as Price Cap on Russian Crude Kicks In

Oil tankers formed a traffic jam off the coast of Turkey on day one of the West’s price cap on Russian crude, with Ankara...

Drewry: Container Port Throughput Index Down 1% In September

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of...

Baltic index flat as panamax gains offset capesize losses

The Baltic Exchange’s dry bulk sea freight index was little changed on Monday as gains in the panamax segment were countered by a decline...

European Shipowners Welcome Deal to Include Shipping in EU Carbon Market

European shipowners are welcoming this week’s provisional agreement to include maritime shipping in the EU carbon market, which will force vessels to pay for...

Iron ore shrugs off China COVID woes, focuses on stimulus

The iron ore market is choosing to focus on China’s efforts to stimulate its property sector, rather than on rising concerns over the potential...

Shell LNG agrees $400,000 rate for Angelicoussis LNGC

Shell LNG has agreed with Angelicoussis Group company Maran Gas to charter the JOHN. A. ANGELICOUSSIS gas carrier (174.000 cbm) at a record rate...

Shell LNG agrees $400,000 rate for Angelicoussis LNGC

Shell LNG has agreed with Angelicoussis Group company Maran Gas to charter the JOHN. A. ANGELICOUSSIS gas carrier (174.000 cbm) at a record rate...

Shell LNG agrees $400,000 rate for Angelicoussis LNGC

Shell LNG has agreed with Angelicoussis Group company Maran Gas to charter the JOHN. A. ANGELICOUSSIS gas carrier (174.000 cbm) at a record rate...

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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...

Robin Energy Ltd. reports results for the three months ended March 31, 2026

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announced its results for the three months ended March 31, 2026.Highlights of...

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...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

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...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...