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Posidonia 2026 Takes Centre Stage as Shipping Recalibrates – Amid Global Freedom of Navigation Challenges

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia 2026 conference programme highlights an industry actively reshaping itself in...

Motor Oil: Net profits surge 293% in Q1 – Turnover up 25%

Motor Oil Group announced strong financial results in the first quarter of the year. Specifically, group revenues increased by 25% to 3.36 billion euros, EBITDA...

Hydrocarbons: New step for exploration in Greece – Chevron enters Block 10

A new chapter is opening for hydrocarbon exploration in Greece with Chevron’s entry into the “Area 10” concession, offshore the Kyparissiakos Gulf in the...

Bimco: Rebuilding of oil stocks may support post-war tanker demand growth

“The Strait of Hormuz has been effectively closed for three months, trapping hundreds of ships and thousands of seafarers in the Persian Gulf while...

US imposes fresh sanctions on Iran’s military oil sales, Treasury says

The U.S. said on Thursday it has imposed new sanctions on Iran's ​military oil trade, even as Washington and Tehran reached a ‌tentative agreement...

Celestyal updates winter deployment with expanded Mediterranean programme

Celestyal has extended its current Mediterranean programme with a winter 2026/27 deployment. The cruise line has confirmed it will cancel its Arabian Gulf season for...

Greeks invest 60 billion dollars into ‘green’ ships

Greek shipowners are making investments in newbuild vessels exceeding 60 billion dollars, running an extensive shipbuilding program for new commercial vessels and taking a...

Trump threatens Oman as Hormuz deal remains elusive

President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a...

FMC collects civil penalty payment of $1,900,000 from shipping line

The Federal Maritime Commission (FMC or Commission) investigates potential violations of the Shipping Act and Commission regulations and negotiates settlements and informal compromises of...

Scorpio Tankers Inc. announces agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding MRs and its intention to...

Scorpio Tankers Inc. announced that it has entered into agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...