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Petrobras orders four new tankers

Petrobras has placed a $427 million order with the Estaleiro Rio Grande shipyard to build four medium-range oil tankers. Petrobras Transporte (Transpetro) signed the deal...

Y/KNOT enters tanker market with Aframax acquisition

Y/KNOT Invest is entering the tanker market, implementing an investment plan it presented during a recent successful IPO. Specifically, the company announced the acquisition of...

Ocean Yield not impacted by charterer’s restructuring

Reference is made to a press release announcement on 25 June 2026 by Braskem S.A. regarding the filing of a request for Precautionary Injunctive...

Oaktree Capital plans further reduction of stake in Torm

Oaktree Capital Management, a US private equity firm, is planning to further decrease its ownership in Danish product tanker operator Torm. According to a...

Eastern Pacific Shipping announces strategic exit from chemical tanker segment

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...

Capital Tankers Corp. announces the acquisition of three scrubber-fitted VLCC newbuildings with 2027 deliveries

Capital Tankers Corp., an international shipping company focused on crude oil transportation, today announced the acquisition from Capital Maritime & Trading Corp. of three...

BIMCO launches project to develop Russia tanker resale restrictions clause for MoAs

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...

DHT Holdings, Inc. announces new $250 Million revolving credit facility

DHT Holdings, Inc. announced that it has entered into a new $250 million reducing revolving credit facility. The Facility has a seven-year tenor and bears...

Eastern Pacific Shipping and Champion Tankers launch IMO II MR Tanker Pool

Eastern Pacific Shipping (EPS) and Champion Tankers announce the launch of a new IMO II Medium Range (MR) tanker pool, bringing together eight high-quality...

Aegean Shipping Management enters new growth phase

Aegean Shipping Management is entering a new phase of growth, marked by a strategic expansion into the large crude oil tanker market while further...

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Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

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...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Navios Maritime Partners highlights strong bond market performance

Navios Maritime Partners, controlled by shipowner Angeliki Frangou, took part in Pareto Securities’ Greek Shipping Capital Markets Seminar, outlining its views on shipping, capital...

Maerks released its Interim Report for the 1st Quarter 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

NAPA and Samsung Heavy Industries partner to advance fuel-efficient ship design and operations

NAPA, the global provider of maritime software and data services, has signed a Memorandum...

Hormuz traffic climbs as supertankers sail into Persian Gulf

Traffic through the Strait of Hormuz picked up for the first time since Iran’s...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...