Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced that, based on preliminary results, Genco shareholders have overwhelmingly voted to …
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Global ocean services provider DeepOcean has entered into an agreement to support bp in the decommissioning and recycling of subsea equipment at the operator’s Foinaven field, West of Shetland, UK. …
Mitsui O.S.K. Lines, Ltd. has signed new supply agreements in Northern Europe and the Mediterranean region to expand the use of bio-LNG fuel on MOL-operated LNG-fueled car carriers. Titan, part …
Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces today that certain of its subsidiaries have entered into financing arrangements to …
The US-Iran interim peace deal took effect and shipping started returning to the Strait of Hormuz as the US declared an end to its blockade and a complex negotiating period …
The strong recovery in the dry bulk freight market has brought Capesize vessels back into focus, with shipowners increasing their exposure to both newbuildings and secondhand tonnage. Αs earnings have …
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited, reaffirmed …
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited, announced …
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, issued the following statement regarding the revised unsolicited, indicative non-binding proposal from …
Eastern Pacific Shipping (EPS) is marking its strategic exit from the chemical tanker segment through a combined en-bloc transaction with Ace Tankers and Womar Tankers. The transaction, which is expected …
Hanwha Ocean signs strategic MOU with Kanata Clean Power for Proposed floating LNG project in Canada
Hanwha Ocean Co., Ltd announced that it has entered into a non-binding Memorandum of Understanding with Kanata Clean Power & Climate Technologies Corp. (“Kanata”) regarding the proposed development of Kanata …
Oil prices fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of …
Euroseas Ltd. announces order for the construction of two additional feeder 1,800 TEU containerships
Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it has declared its options for the construction of …
Signs of recovery are being recorded in container traffic at the port of Piraeus Port, as the prospect of easing tensions in the Middle East is generating cautious optimism for …
Posidonia 2026 set a new benchmark for the global maritime industry, bringing together the world’s leading shipping stakeholders at a pivotal moment for international trade. Against a backdrop of geopolitical …
Transocean Ltd. announced contract awards for two of its harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $185 million in firm contract backlog. The Transocean Norge was awarded a …
The Port of Los Angeles processed 840,165 Twenty-Foot Equivalent Units (TEUs) in May, 17% above last year as import volume increased amid continued uncertainty surrounding trade policy and global supply …
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a senior U.S. official said …
UK announces major new sanctions package choking off Russia’s war effort across multiple fronts. UK announces 70 new sanctions targeting Russia’s decrepit shadow fleet, military procurement supply chains and illicit …
QatarEnergy is ready to resume liquefied natural gas production at its Ras Laffan LNG plant very quickly and could reach within a month full output of facilities unaffected by Iranian …
The official entry of Chevron into Block 10 in the southern Ionian Sea has brought back into focus the possibility of a second exploratory drilling campaign in Greece, in addition …
Sallaum Lines has ordered the two largest vessels in its history, signing a shipbuilding contract with Xiamen Shipbuilding Industry Co., Ltd. (XSI) for 2 + 2 next-generation Pure Car and …
The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez welcomes with great satisfaction the peace agreement reached between the parties in the conflict affecting the Strait of Hormuz. …
The net tonnage through Qatar’s ports witnessed more than 49% shrinkage year-on-year; while it increased about 9% month-on-month in December 2019, said the figures released by the Planning and Statistics …
Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen the waterway, shipping and maritime security …
BIMCO, the International Chamber of Shipping (ICS), INTERTANKO and INTERCARGO, unanimously condemns recent attacks on seafarers and commercial shipping in and around the Strait of Hormuz. According to the International …
The LPG carrier market got off to a weak start this summer as freight rates began to retreat – particularly on routes to Asia – despite US LPG exports reaching …
Capital Tankers Corp., an international shipping company focused on crude oil transportation, today announced the acquisition from Capital Maritime & Trading Corp. of three VLCC shipbuilding contracts for vessels under …
The Council adopted a set of restrictive measures to combat Russia’s war of aggression against Ukraine, its hybrid activities and its systematic disregard for international law, including human rights. The …
U.S. and Iranian officials said they had agreed on a framework to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a preliminary pact …
British armed forces intercepted a sanctioned Russian shadow fleet oil tanker in the Channel on Sunday, leading for the first time an operation to disrupt the oil revenue ?that helps …
U.S. refiners can still absorb more Venezuelan crude, Energy Secretary Chris Wright said on Friday, as the South American country’s output bounces following the U.S. capture of President Nicolas Maduro …
ECOLOG, the energy and logistics group controlled by Peter Livanos, played a prominent role during a visit to the Port of Amsterdam, where company executives joined German Parliamentary State Secretary …
Melina Travlos is transforming the Neptune Group into a global player in the vehicle-carrying sector through a strategy focused on fleet renewal, network expansion and investments across the logistics value …
Shearwater Geoservices AS announced an agreement with lenders and key stakeholders on amendments to the capital structure, improving the Group’s free liquidity and strengthening the financial position. The agreed equity …
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, mailed a communication to shareholders urging them to vote FOR ALL of …
Alleima has received a major order for advanced umbilical tubes from a global provider of subsea technology to a total value of approximately SEK 995 million. The advanced tubing will …
Balaena, the maritime engineering and shipbuilding group that owns the historic drydock and dockyard facility in Gibraltar, Gibdock, and a shipyard in Padstow, Cornwall, announced the acquisition of APCL Group, …
BIMCO has adopted a Biofuel Clause for Time Charter Parties to address legal and operational challenges as the use of low-carbon fuels in shipping increases. As the shipping industry decarbonises, …
Pilbara Ports delivered a total monthly throughput of 69.4 million tonnes (Mt) during May 2026. This was a one per cent decrease compared to May 2025. The Port of Port …
The Chairman and CEO of Patras Port Authority S.A. (OLPA), Panagiotis G. Anastasopoulos, participated in the Posidonia 2026 international shipping exhibition, Greece’s leading maritime industry event, representing the organisation and …
Hundreds of BHP workers at Port Hedland in Western Australia voted in favor of taking strike action, two unions said on Thursday, raising the risk of disruptions to iron ore …
Greek shipowners remained at the centre of global dry bulk activity during the first five months of 2026, recording 87 vessel sales, 48 acquisitions and 35 newbuilding orders, according to …
Celestyal has announced that it will broadcast FIFA World Cup matches live in public areas on both of its ships, Celestyal Discovery and Celestyal Journey, this summer. The World Cup …
Viridien and Aker BP have entered into a strategic partnership agreement to strengthen collaboration across multi-client ocean bottom node (OBN) seismic data acquisition, imaging, and technology development. The agreement establishes …
BIMCO has commenced work on the development of a standard contractual clause to address new EU requirements applicable to tanker sale and purchase transactions. The initiative follows the adoption of …
ABS, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) completed a joint development project for a high efficiency, 16,000-TEU ultra-large container ship with …
Oil prices jumped on Thursday as Tehran declared the critical energy chokepoint, the Strait of Hormuz, closed after the U.S. launched additional strikes against Iran and as President Donald Trump …
The President of the UGS, Melina Travlos, addressed a wide range of questions of national, European and global interest. The highly anticipated Press Conference of the Union of Greek Shipowners …
Celestyal has announced its partnership with Harding+, introducing a refreshed onboard retail experience across both Celestyal Discovery and Celestyal Journey. The partnership officially launched on 1 May 2026 and brings …
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