Shipping Herald

The disclosure of the Sinokor–Navios transaction confirms that the absorption of available tonnage in the VLCC market has not only continued but is being pursued methodically, with Navios Maritime Partners, …

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2026. The Company also announced that its board of directors has declared a quarterly cash dividend on …

South Korean shipper HMM, opens new tab said on Wednesday it had secured a vessel to tow a bulk carrier it ​operates to a port in Dubai after an explosion …

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals Khalifa Port container terminal and CMA …

Damen Shipyards Group and the Senegalese Government have formed a joint venture (JV) to operate Damen Shiprepair Dakar on the West African coast. The Senegalese Government is represented by the …

DOF Group ASA announced the award, following a competitive tender process, of 12-year long-term charter/services contracts for ROV Support Vessels in Brazil. The contracts will result in the construction of …

DOF announced a Substantial* contract award for Subsea Commissioning Support services in the APAC Region. Skandi Inventor will be deployed for the execution of the offshore operations scheduled to commence …

Matson, Inc. marked two milestones in its fleet renewal program with the beginning of hull assembly on the second of three new LNG powered “Aloha Class” containerships designed for its …

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia 2026 conference programme highlights an industry actively reshaping itself in response to geopolitical disruption and structural …

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding intermediate holding company of HD Hyundai, announced on May 4 that it has signed a contract with KSS Line Ltd. …

Equinor is extending key supplier agreements for drilling and well services with a combined value of around NOK 17 billion. The agreements will maintain production from the Norwegian continental shelf, …

Okeanis Eco Tankers announced three new loan facilities, completing the financing for our two newbuilding resale Suezmaxes Nissos Tigani and Nissos Vous, and refinancing the purchase options for our VLCCs …

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the outstanding shares of common stock of …

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has commenced a conditional, unsolicited tender offer …

Hanwha Ocean said on the 4th that it won an order worth 507.4 billion won in total to build three very large ammonia carriers (VLAC) from a shipowner in Africa. …

Aker Solutions, Knutsen NYK Carbon Carriers AS (KNCC) and Vår Energi CCS AS, operator for Trudvang CCS ANS have signed a Memorandum of Understanding to jointly advance the development of …

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced its financial results for the first …

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share of empty containers is decreasing, contributing …

The Swedish Coast Guard said on Sunday it had seized a tanker in the Baltic Sea believed to be part of Russia’s shadow fleet, the latest in a string of …

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it has signed contracts for the construction of four …

Maran Tankers Management, a member of the Angelicoussis Group under the leadership of Maria Angelicoussis, has announced the addition of the new Suezmax tanker Maran Morpheus to its fleet. The …

President Donald Trump said on Sunday the U.S. would start an effort on Monday morning to free ships stranded in the Strait of Hormuz as a “humanitarian gesture” to aid …

Subsea7 announced the award of a substantial¹ engineering, procurement, construction, and installation (EPCI) contract by ExxonMobil to Subsea Integration Alliance (SIA) for a subsea tie-back associated with the Redevelopment 2.0 …

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling lane, marking the creation of a …

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of sailings, as the cruise line celebrates the resumption of its Mediterranean programme. Running for 24 hours …

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

Ardmore Shipping Corporation provided the following update on capital allocation, vessel sale, and latest TCE guidance. Fleet Investment The Company signed contracts for the construction of two highly-efficient and versatile …

BW Offshore has signed a Front-End Engineering and Design (FEED) agreement with Equinor for the Bay du Nord development offshore Newfoundland and Labrador, Canada. The FEED agreement formalises the next …

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026. Highlights • First quarter Adjusted EBITDA of $ 385 million, …

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a …

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary profit dropped to JPY 175.8bn …

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total revenue for FY2025 to US$16,620 …

TotalEnergies (TTEF.PA), opens new tab will not resume Middle ‌East production until shipping transit through the Strait of Hormuz has stabilised, its CEO said on Wednesday. About 15% of Total’s …

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04 billion, underpinned by volume growth, high …

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

Taiwan-based shipping company Chinese Maritime Transport (CMT) has placed an order for two additional newcastlemax bulk carriers at China State Shipbuilding Corporation’s Qingdao Beihai shipyard, according to the company’s announcement. …

On the back of additional vessel sales and a stronger tanker market, NORDEN upgrades the 2026 full-year net profit guidance to USD 70 – 140 million (previously USD 30 – …

The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers’ group as an unprecedented energy crisis triggered by the Iran war …

Seanergy Maritime Holdings Corp., controlled by Stamatis Tsantanis, has once again secured 10th place in the global Top 100 C Performers Worldwide ranking for the capesize segment, according to the …

Klaveness Combination Carriers ASA reported EBITDA of USD 29.3 million and Profit after tax of USD 15.6 million for the first quarter of 2026, an increase of 30% and 51% …

Wärtsilä’s announced its interim report for the period January–March 2026. January–March 2026 highlights Total order intake increased by 10% to EUR 2,099 million (1,902), while the organic growth, which excludes …

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member of Wärtsilä’s Board of Management, has decided to continue her career outside Wärtsilä and accept a …

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and Adriatic programme for 2026 and 2027. Running from April 27 to June 2, 2026, the campaign …

According to a relevant filing, Top Ships has signed a Common Share Purchase Agreement with B. Riley Principal Capital II, giving the firm the option to sell up to $50 …

Danaos Corporation, led by Dr. Ioannis Koustas, is moving forward with a new strategic initiative in the dry bulk sector, having reached an agreement with Chinese shipbuilder Dajin Offshore for …

Hanwha Ocean and Leidos are collaborating to advance next-generation naval ship design, strengthen U.S. shipbuilding capacity, and pursue opportunities across global defense markets. Hanwha Ocean’s world-class shipbuilding, combined with Leidos’ …

South Korean shipbuilder Hanwha Ocean Co. saw its operating profit soar more than 70 percent in the first quarter of this year from a year ago, driven by a boom …

Scorpio Tankers Inc. announced that the Company has received a commitment from Bank of America for a credit facility of up to $50 million. The credit facility will be used …

Maritime asset manager Yangzijiang (YZJ) Maritime Development has ordered 10 newbuilds to increase its portfolio to 105 vessels, of which 53 are under construction, according to a bourse filing on …

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris Chrysostomou named Deputy Chief Executive Officer, the company announced. Hadjipetrou, a longstanding member of the organisation, …