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New US coalition lobby group aims to get domestic shipbuilding bill through Congress

U.S. unions and shipbuilding industry employers on Tuesday launched a coalition to rally Congress to ​advance legislation they say would help President Donald ‌Trump...

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...

Lavinia Tankers: New suezmax order at Daehan shipyards

Lavinia Tankers, controlled by Panos Laskaridis, has exercised an additional option for April, placing a new order for a 157,000 dwt suezmax tanker at...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator needs to know

The conflict between the United States and Iran has, in just a matter of weeks, produced what the IEA has described as the largest...

EU to widen Iran sanctions to those who block Hormuz

The European Union will expand the criteria of its Iran sanctions to include those responsible for blocking the Strait of Hormuz, which has been...

LD Armateurs unit acquires DP2 MPSV Siddis Mariner

The acquisition is described as a key step in the company’s evolution toward offering turnkey solutions, combining vessel, subsea equipment and operational expertise. This acquisition...

Yangzijiang spins off new unit to operate vessel delivery and repair in Nantong

Yangzijiang Shipbuilding has spun off a new unit to build and run facilities in Nantong, China, for delivering large vessels and carrying out ship...

NYK Line, Golden Island, and Yara Clean Ammonia unveil landmark partnership to jointly drive ammonia fuel sales & marketing in Singapore

NYK Bulkship (Asia) Pte. Ltd., Golden Island Pte. Ltd., and Yara Clean Ammonia Norge AS have concluded a non-binding term sheet that paves the...

Fincantieri to build Spectre, a new class of high-speed unmanned surface vessel

Fincantieri, through its U.S. subsidiary Fincantieri Marine Group (FMG), will build Spectre, a new class of high-speed, multi-mission unmanned surface vessel (USV), developed by...

Scorpio Tankers Inc. announces six vessel sale agreements for $300 million in aggregate

Scorpio Tankers Inc. announced that it has entered into agreements to sell six vessels comprising three 2014 built LR2 product tankers, STI Park, STI...

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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...