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Capesize: Freight rates over 30,000 dollars/day for Brave Maritime

In one of the most striking deals in the dry bulk market, Haris Vafias has secured the chartering of three capesize vessels from the...

Marine insurers reaffirm their commitment to supporting trade in the Middle East

The global marine insurance market continues to show resilience and is maintaining the availability of cargo, hull, liability and offshore energy cover despite increasing...

Container Shipping: Iran war amplifies outlook uncertainty

“Following the start of attacks on Iran on 28 February, transits through the Strait of Hormuz have effectively stopped, severing Persian Gulf ports from...

Danish investor Zeaside Capital takes over shipowner Alba Tankers

Denmark’s Zeaside Capital Partners has agreed to buy compatriot Alba Tankers in a bid to build a tanker platform. The Copenhagen-based investment firm will take...

Cadeler announces planned investments in exceptional growth opportunities, balanced with dividend potential from strong cash flows

Cadeler announced the completion of a private placement raising approximately EUR 175 million, at a price above the Company’s 5-day VWAP, to fund initial...

Maran Gas: New LNG carrier order

Maran Gas Maritime, a member of the Angelicoussis Group under the leadership of Maria Angelicoussis, is proceeding—according to shipbuilding market sources—with an order for...

Golar LNG Limited announces strategic review to maximize stakeholder value and appoints Goldman Sachs as financial advisor

Golar LNG Limited announced its Board of Directors has initiated a formal process to evaluate strategic alternatives for the Company. As previewed on the...

UK Chamber of Shipping announces Karrie Trauth as new President

The UK Chamber of Shipping has elected Karrie Trauth, Executive Vice President of Shipping & Maritime at Shell plc, as its new President at...

Flex LNG – Announces new contract for Flex Aurora

Flex LNG Ltd. announced it has agreed a new Time Charter Agreement with a minimum firm period of two years for Flex Aurora. The...

Brazilian driller wins new $465 million rig contract with Petrobras

Brazilian drilling contractor Foresea has secured a new charter agreement with state-controlled oil company Petrobras for one of its drillships to operate in the...

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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...