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Strong tanker market due to sanctions and high demand for oil – Concordia Maritime

The product tanker market has strengthened significantly during April and May, with market rates at much higher levels than for both Q1 2022 and...

EU Russian Oil Ban to Redirect Trade Flows, Prop up Prices – Fitch

An agreement to ban Russian seaborn exports of oil and oil products reached by the EU this week will redirect trade flows and keep...

Port of Rotterdam accelerates reduction of carbon emissions

The Port of Rotterdam Authority is going to accelerate the reduction of its own carbon emissions. Today, most of the CO2 of the Port...

ZeroNorth raises over USD 50 million to push shipping decarbonisation

ZeroNorth has raised over $50 million in investment during its recently concluded Series B investment round that will enable the company to look to...

UN Aid Chief in Moscow to Discuss Ukraine Grain Exports

U.N. aid chief Martin Griffiths is in Moscow on Thursday and Friday to discuss clearing the way for exports of grain and other food...

Maersk completes acquisition of Senator International

A.P. Moller – Maersk (Maersk) announces the closing of the acquisition of Senator International, a well-renowned global company in freight forwarding. Senator brings with it...

Tight Asia capacity limits room for new LNG ships – Korea Shipbuilding exec

Korea Shipbuilding & Offshore Engineering (KSOE) 009540.KS has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for...

Saudi, OPEC may make up for Russian oil output loss as Biden visit looms

Saudi Arabia and other OPEC states may boost oil production to offset a drop in Russian output, a move that could ease sky-high oil...

Shanghai Faces Long Road to Recovery as Lockdown Lifts

Shanghai faces weeks, if not months, of slow recovery until economic activity can fully bounce back from the crippling Covid lockdown that began in...

Wilhelmsen to increase shareholding in NorSea to 99%

A trusted provider of logistics services to the offshore industry for over 60 years, supporting leading operating companies on the Norwegian continental shelf, NorSea...

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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...