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Celestyal Successfully Transits Strait of Hormuz, Leading Safe Passage for Cruise Industry

Celestyal has confirmed the successful and safe transit of both its vessels, Celestyal Discovery and Celestyal Journey, through the Strait of Hormuz, marking a...

IEA head pitches Iraq-Turkey pipeline to bypass Hormuz

International Energy Agency Executive Director Fatih Birol proposed building a new oil pipeline linking Iraq’s Basra oil fields and Turkey’s Mediterranean oil terminal in...

CMA CGM launches Phase 2 of expansion works of Gemalink container terminal, a strategic trade gateway for Vietnam

The CMA CGM Group and Gemadept are launching Phase 2 of Gemalink terminal in Cai Mep, southern Vietnam, reinforcing a strategic asset located at...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

Astro Offshore strengthens subsea operations and capability with new ultra-deepwater vessel, Astro Atlas

Astro Offshore strengthened its offshore subsea capabilities with the addition of Energy Savanah (soon to be renamed Astro Atlas), marking a significant step forward...

US seizes Iranian cargo ship, Tehran vows to retaliate

The United States said on Sunday that it had seized an Iranian cargo ship that ​tried to run its blockade and Iran said it...

Aygaz orders LPG carriers at Hyundai Samho

Aygaz has signed a shipbuilding contract with HD Hyundai Samho to build two, dual fuel, liquefied petroleum gas (LPG) transportation vessels (90,000 cbm). The...

Aegean Shipping: Strategic partnership with Danaos Consultants

Aegean Shipping Management, in collaboration with Danaos Management Consultants, is developing digital technology by leveraging artificial intelligence tools. The shipping company, owned by George...

Maran Gas Maritime receives two LNG carriers

The Angelicoussis Group is moving forward with the expansion of its LNG carrier fleet through the delivery of the Danuta Siedzikowna Inka and Rotmistrz...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

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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...