Amid ongoing uncertainty over the impact of tariffs and conflict in the Middle East, the Port of Long Beach reported solid cargo volumes in February, Port CEO Dr. Noel Hacegaba …
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If you want to buy a cargo of oil in Asia or jet fuel in Europe right now, you may have to pay a record price for it. Surging oil …
Fednav International Ltd., an international leading dry bulk shipping company headquartered in Canada, and V6 Agronomy Inc. (“V6”), a Canadian agribusiness company, have signed a memorandum of understanding (MOU) outlining …
Baker Hughes, an energy technology company, announced Wednesday a substantial 60-month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations as well as a major refinery. …
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced that its Board of Directors unanimously rejected Diana Shipping Inc.’s revised, …
Iranian attacks have knocked out 17% of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, …
Navigator Holdings Ltd. announced that BW Group Limited, the selling shareholder of the Company. is offering for sale to the public a total of 7,000,000 shares of the Company’s common …
Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announces that it has successfully raised $13.9 million in gross proceeds pursuant to the Company’s at the market …
Given the situation in the Middle East and the restrictions affecting maritime traffic in the Strait of Hormuz, ensuring the safety of our crews and employees remains the CMA CGM …
GTT receives an order from Hudong-Zhonghua shipyard for the tank design of four new LNG Carriers GTT announces that it has received, in the first quarter of 2026, an order …
A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” after a missile strike, hours after Iran threatened energy facilities across the Persian Gulf. The …
Okeanis Eco Tankers is reportedly on track to set a new, historic record for spot rates for VLCC tankers. According to Tankers International, the shipping company is negotiating the charter …
Clarkson PLC, the world’s leading provider of integrated shipping services, acquired the Link Crude Resources, LLC, Link Data Services, LLC and Link Futures, LLC , the market-leading North American physical …
COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, announced the annual results of the Company and its subsidiaries ended 31 December 2025. 2025 FY Results Highlights – …
As the conflict in the Middle East continues, and in close coordination with the relevant authorities, we have had to delay the repositioning of Celestyal Discovery ahead of the start …
Capital Tankers Corp. has officially listed its shares on the Oslo Stock Exchange, marking a significant milestone in the shipping industry. Trading commenced today at 09:00 a.m. CET, celebrated with …
Navios Maritime Partners sold the last post-panamax vessel as part of a broader fleet renewal program that Angeliki Frangou launched in the summer of 2022. According to the annual report, …
Nordic American Tankers informed that has entered into an agreement to sell a 2005 built ship, at a price of about USD 40 million. “We expect that our fleet will …
The Board of Directors of Hafnia Limited approved the award of 964,609 share options to the Company’s senior management under the Company’s bonus and long-term incentive plan. The grant date …
Pilbara Ports delivered a total monthly throughput of 55.9 million tonnes (Mt) during February 2026. This was a 13 per cent increase compared to February 2025 and marks the third …
Stena Bulk chief executive officer Erik Hånell is set to step down from his position. In an announcement, Hånell said: After 27 years with Stena, including nearly 14 years as …
Sumitomo Corporation, Kawasaki Kisen Kaisha, Ltd., and NYK Bulkship Pte. Ltd. have entered into a memorandum of understanding to jointly conduct a Front-End Engineering Design study and explore the ownership …
Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it has signed a contract for the construction of …
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement …
Authorities in Danang have approved the investor for the Lien Chieu Container Port project, a major infrastructure development worth more than USD 1.7 billion. The winning consortium includes Hateco Group, …
The International Maritime Organization (IMO) will hold an Extraordinary Session of its Council to address the impacts on shipping and seafarers of the situation in the Arabian Sea, the Sea …
HD Hyundai Heavy Industries announced on 16 March that it had secured an order for 10 container ships valued at around US$557M, with an undisclosed Asian shipping company named as …
Seadrill Limited announced a leadership change, effective immediately. Samir Ali, Executive Vice President, Chief Commercial Officer, has been appointed President and Chief Executive Officer, succeeding Simon Johnson. Julie J. Robertson, …
Several U.S. allies rebuffed Donald Trump’s call on Monday to send warships to escort shipping through the Strait of Hormuz, drawing criticism from the U.S. president, who accused Western partners …
Shipping is offering the world an energy security “cushion”, with 1.7 billion barrels of crude oil currently at sea. The research department of Xclusiv Shipbrokers, led by Dimitris Roumeliotis and …
Shipowner Paschalis D. Diamantidis continues to invest dynamically in the ship market, further strengthening his companies’ fleet. The most recent addition is the tanker Velos Turquoise, which joined the Velos …
Stolt-Nielsen Limited, through its subsidiary Stolt-Nielsen Gas Ltd., announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG Limited (Avenir LNG) to Nippon Yusen …
Dynacom Tankers Management has signed a new agreement for the construction of four additional VLCC (Very Large Crude Carrier) crude oil tankers, each with a capacity of 300,000 dwt, further …
JP Morgan-backed interests are reported to have firmed up a Suezmax shipbuilding project in South Korea, marking a new contract in the highly sought-after crude tanker segment. Riviera reported last …
HD Hyundai Heavy Industries (HHI) signed an agreement Friday to sell its dockyard in Gunsan, North Jeolla Province, to the largest shareholder of HJ Shipbuilding & Construction (HJSC), raising expectations …
Traffic through the Strait of Hormuz nearly ground to a halt March 12, according to tracking data, with just one vessel observed to transit the critical waterway, as Iran’s newly …
President Donald Trump said on Sunday his administration is talking to seven countries about helping to secure the Strait of Hormuz amid the U.S.-Israeli war on Iran, calling on them …
European Union foreign ministers will discuss on Monday bolstering a small naval mission in the Middle East but are not expected to decide on extending its role to the choked-off …
The Piraeus Port Authority announced the arrival of the ship “Tourmaline AceCE” at the port of Piraeus. Mitsui O.S.K. Lines is among the leading maritime vehicle transport companies worldwide, with …
Russia’s state-controlled leading tanker group Sovcomflot said on Friday that its net loss in 2025 amounted to $648.4 million. The group’s earnings before interest, tax, depreciation and amortisation (EBITDA) fell …
NYK Group has reached an agreement with the Norwegian shipping company Westfal- Larsen Group to fully acquire Saga Welco. Saga Welco, a Norwegian shipping operator specializing in transporting cargo via …
Russia’s state-controlled leading tanker group Sovcomflot said on Friday that its net loss in 2025 amounted to $648.4 million. The group’s earnings before interest, tax, depreciation and amortisation (EBITDA) fell …
Wallenius Wilhelmsen renews contract with a global automotive distributor with an estimated net freight value of around USD 190m during a firm period of two years. “We are pleased to …
Energean announced on Thursday it would acquire Chevron’s two offshore Angola oil blocks for a base consideration of 260 million dollars. More specifically, the company said that it has signed …
Seanergy Maritime Holdings Corp. announced that it has agreed to acquire two scrubber-fitted 181,500 dwt Capesize vessels to be constructed at a first-class shipyard in Japan and has entered into …
Orient Overseas International Ltd. warned that the escalating conflict in the Middle East poses further uncertainty to the industry, after an array of geopolitical woes eroded last year’s earnings. “Geopolitical …
A new state-of-the-art LNG bunkering vessel, the Alisios LNG, was launched at the port of Huelva in southwestern Spain by Enagás CEO Arturo Gonzalo and Axpo Iberia Managing Director Ignacio …
Yang Ming Marine Transport Corporation held its 411th Board Meeting and approved the financial results for 2025. For the year, Yang Ming reported consolidated revenues of NT$ 163.56 billion (US$ …
Reference is made to the stock exchange announcement by Golden Energy Offshore Services ASA on 12 December 2025 where the Company informed of its commitment to a near-term sale of …
Dynacom Tankers Management has taken delivery of yet another newly built tanker vessel. Specifically, the MT PSERIMOS, which was built in China, was delivered to Dynacom during a ceremony which …
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