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G7 Weighs Russia Oil-Price Cap Via Insurance and Shipping Ban

Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions on insurance and shipping,...

Iron ore climbs one-week high on China demand hopes, easing COVID curbs

Dalian and Singapore iron ore futures hit one-week highs on Monday, supported by hopes that Chinese steelmakers would restart dozens of blast furnaces idled...

Baltic index hits near 2-week low

The Baltic Exchange’s main sea freight index hit a near two-week low on Monday, hurt by lower rates across vessel segments. The overall index,...

G-7 Negotiators Put Russia Oil Price Cap on Agenda for Leaders

Group of Seven negotiators agreed that discussions on a potential price cap on Russian oil had progressed enough to send the issue to leaders...

Germany Could Repurpose Nord Stream 2 Pipeline For LNG Use

The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on...

U.S. Port Backups Are Extending Into Freight Rail Supply Chains

Port bottlenecks that have tied up U.S. supply chains are spreading from the docks to the country’s freight rail networks, raising costs and adding...

Gibson Weekly Tanker Market Report [W25]

In recent months triple digit oil prices have become a new reality: unlikely to fall well below $100/bbl any time soon and potentially facing...

Asia LNG spot prices continue to rise

Asian spot liquefied natural gas (LNG) continued its upward trend this week as fears of further market tightening following a major outage at a...

Celestyal Cruises Announces “Biggest Ever Sale”

Celestyal Cruises, the award-winning, number one choice for cruise travellers to the Greek Islands and the Eastern Mediterranean, comes to the rescue of last-minute...

Noble selling five jackup rigs to Shelf Drilling

Noble announced that it has entered into an asset purchase agreement to sell five jackup rigs for $375 million to a newly formed subsidiary...

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HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Capital Clean Energy Carriers Corp. announces first quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2026. Key Highlights Completed an...

Stainless Tankers announces financial results, reshapes leadership

Stainless Tankers ASA announces results for the three-month period ended March 31, 2026, Chairman and CEO change. Highlights Net loss of $0.06 million, on net revenue...

CLIA’s high-level Policy Event in Greece Highlights Cruise Growth, island communities, economic impact and...

· CLIA hosted a high-level Policy Event in Athens in collaboration with the Deputy...

Trump administration launches nuclear-powered shipping initiative

U.S. Transportation Secretary Sean P. Duffy and the Maritime Administration (MARAD) today launched an...

DP World launches end-to-end cargo war risk insurance for middle east trade

DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses...

CMA CGM containership confirmed attacked in Hormuz, crew injured

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

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...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...