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Russia: Statement by the High Representative/Vice-President Kaja Kallas on the 19th package of sanctions

“We proposed to Member States the 19th package of sanctions against Russia. In it, we target key sectors sustaining Russia’s war effort.  Our sanctions bite....

Shipping firms face ‘disasters’ if IMO fails to adopt green bunker rules: industry leaders

A failure of the International Maritime Organization to adopt new decarbonization rules will lead to fragmenting regulatory regimes across the globe, resulting in more...

Japan’s top shipping company to expand LNG fleet as global demand climbs

Nippon Yusen, Japan’s biggest shipping company, is planning to increase its fleet of liquefied natural gas tankers by around 50% by early 2029 to...

Cadeler signs firm contract with Ocean Winds for WTG installation at the BC-Wind Offshore Wind Farm in Poland

Cadeler has signed a firm contract with Ocean Winds for the transportation and installation of 26 Siemens Gamesa 14MW offshore wind turbines at the...

Green energy: A high-level EU delegation inaugurates Cleanergy Solutions Namibia with President Netumbo Nandi-Ndaitwah

On Thursday in Namibia the first large-scale solar-powered green hydrogen facility, Cleanergy Solutions Namibia, was launched in presence of Her Excellency Netumbo Nandi-Ndaitwah, President...

EXMAR awarded floating LNG import contract for Colombia

EXMAR announced that it has signed contracts with Regasificadora Del Pacífico S.A.S. (“RDP”) in respect of the deployment of a floating storage unit (“FSU”)...

Tsakos welcomes President Trump’s proposal to end quarterly earnings report

President Donald Trump’s proposal to reduce the frequency that US-listed companies report financial information was welcomed by Tsakos Energy Navigation CEO Dr. Nikos Tsakos. The...

Top shipping players want overhaul of UN ship fuel emissions deal

A group of top shipping companies including leading Greek players said on Thursday they want changes to a United Nations deal tabled for adoption...

Iron ore dips on weak China demand; pre-holiday restocking limits losses

Iron ore futures prices edged lower on Thursday, pressured by soft demand from China’s manufacturing and infrastructure sectors, though inventory replenishment ahead of the...

Baltic Index rises to near-two-month high on strong capesize rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a near-two-month high on Thursday,...

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Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

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...

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...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

US-Iran peace hopes fade as Trump scraps talks

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday,...

Boluda Towage strengthens its presence in Southeast Asia with the acquisition of Seatrium Group’s...

Boluda Towage takes a new step in its global expansion with the acquisition of...

Greek-managed vessel confirmed seized by Iran in Hormuz Strait

A Greek-managed container ship has been seized by Iranian forces in the Strait of...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

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...