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ClassNK issues approval in principle for Multiple Alternative Fuels Ready and OCCS Ready Bulk Carrier by Oshima Shipbuilding

ClassNK has issued approval in principle for a concept design of the Multiple Alternative Fuels Ready (Ammonia/Methanol/LNG) and OCCS Ready Bulk Carrier developed by...

EU targets 41 additional vessels in Russia’s shadow fleet

The European Union on Thursday imposed sanctions on 41 more ships in Russia's shadow fleet, taking the total of designated vessels to almost 600. The...

Hafnia Limited: Fulfilment of all conditions precedent for the acquisition of 13.97% of TORM

With reference to the stock exchange announcement published on 11 September 2025, Hafnia Limited announced that all conditions precedent required for the completion of...

Nordic American Tankers – Sale of two Suezmax tankers and contracting of two newbuildings

NAT has entered into firm agreements to sell two suezmax tankers (2004 and 2005-built) at a net price of $50 million for both vessels,...

Iron ore extends gains on improving steel margins, restocking hopes

Iron ore futures extended gains on Thursday, aided by improved steel margins and the expectation of feedstock replenishment among steel mills in top consumer...

Baltic index extends losses on declining rates across all vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses to a more than one-month...

Wan Hai Lines orders six LNG dual-fuel-ready 6,000-TEU ships in deal worth up to $492m

Wan Hai Lines has signed contracts for six LNG dual-fuel-ready containerships of about 6,000 TEU in a transaction valued at $451.2m to $492.0m, according...

Celestyal hosts global fam trip in Arabian Gulf

Celestyal has hosted 30 travel agents for a fam trip in the Arabian Gulf, in conjunction with the Department of Culture and Tourism –...

Port of Los Angeles on track for third best cargo year on record

The Port of Los Angeles processed 782,249 Twenty-Foot Equivalent Units (TEUs) in November, a decrease of 12% compared to last year’s elevated cargo levels....

BP p.l.c. announces leadership transition

BP p.l.c. announces that the bp Board has appointed Meg O’Neill as bp’s next chief executive officer, effective 1 April 2026. Murray Auchincloss has...

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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...

KCC: First quarter 2026 business update

Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the first quarter ended at $33,432/day, approximately $550/day above the guiding range ($31,400-32,900/day). The CABU fleet...

Military planners to discuss Hormuz reopening in London

Military planners from more than 30 countries will hold two-day talks in London from...

Wärtsilä launches next-generation simulation platform to support future-ready maritime training

Technology group Wärtsilä announces the launch of NTPRO 7, a next‑generation bridge and ship‑handling...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

EU to widen Iran sanctions to those who block Hormuz

The European Union will expand the criteria of its Iran sanctions to include those...

NYK Line, Golden Island, and Yara Clean Ammonia unveil landmark partnership to jointly drive...

NYK Bulkship (Asia) Pte. Ltd., Golden Island Pte. Ltd., and Yara Clean Ammonia Norge...

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...

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...

Port of Long Beach Nation’s busiest seaport through March

The Port of Long Beach moved the most cargo in North America in March and through the first quarter of 2026, Port of Long...

AD Ports Group signs deal explore investment in key Romania port

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a framework agreement with the National Company Maritime Ports...