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Severe weather and Middle East conflict: Hapag-Lloyd Q1 result unsatisfactory

Q1 2026 Group profit significantly below prior-year quarter Outlook for 2026 unchanged: lower earnings expected in difficult market environment Continued focus on Strategy 2030 and rigorous...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism verification

With an exceptionally high overall ESG score of 93.33% and strong performance across the Environmental, Social and Governance pillars, Celestyal reaffirms its commitment to...

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 of stability, continuity and cohesion,” the President of the Union...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait of Hormuz

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of Defence Ministers that was held on 12 May 2026. Britain will...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like to provide you with an update on what it means...

North Star secures major tranche of North Sea ERRV contracts

North Star, the UK’s leading fully integrated offshore infrastructure service provider, has secured a significant multi-million-pound pipeline of North Sea emergency response and rescue...

Venture Global announces LNG purchase agreements with TotalEnergies and Vitol

Venture Global, Inc. announced the execution of two binding agreements with TotalEnergies and Vitol for the purchase of additional U.S. liquefied natural gas (LNG)...

Wilh. Wilhelmsen Holding ASA: Initiating offer to buy back own shares

With reference to the authorization given by the Annual General Meeting of Wilh.Wilhelmsen Holding ASA on 30 April 2026 for the Board of Directors...

TMS Cardiff Gas linked to VLGC order at HD Hyundai

TMS Cardiff Gas, led by George Economou, is being linked to new orders at a South Korean shipyard. More specifically, market sources suggest the Greek...

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 support” after he rejected Tehran’s response to a U.S. peace...

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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...