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Performance Shipping Inc. Secures Substantially Improved Terms and Extension of Existing Nordea Bank Facility
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, today announced that, through two of...
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Strengthens coastal shipping capabilities, aligns with India’s Maritime Vision 2030
DP World’s Marine Services business, Shipping Solutions (“Shipping Solutions”), has expanded its fleet with the acquisition of DP World Indus,...
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Dan-Bunkering delivers strong performance in a turbulent year
The global Dan-Bunkering group delivered a strong financial performance in 2025/26, reporting earnings before tax (EBT) of USD 36.4 million...
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Hapag-Lloyd Commits To Fleetwide Inmarsat Nexuswave Roll-Out
Inmarsat Maritime, a Viasat company, has secured an agreement with Hapag-Lloyd to deploy NexusWave across its global fleet, following successful...
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UK: Amended national policy statement for ports
Development of ports in England, as in other parts of the United Kingdom, is essential for supporting growth, energy resilience...
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DRIFT Energy and Commenda Capital Partners establish exclusive capital and project framework for 50-vessel programme
DRIFT Energy has entered into an exclusive strategic framework with Commenda Capital Partners to support the commercial deployment of at...
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LNG tanker arrives at Mexico’s Energia Costa Azul terminal as first export nears
A ballast LNG tanker arrived at Sempra Infrastructure’s Energia Costa Azul terminal July 6 as the developer prepared to export...
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Panama Canal to lower Neopanamax maximum draft restrictions as El Nino develops
As part of its water management strategy, the Panama Canal Authority (PCA) will implement draft reductions at the Neopanamax locks...
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Progress continues on WINDSEACON as subcommittee meets in person
Work on BIMCO’s WINDSEACON contract continues to move forward, with the subcommittee recently meeting in person to advance the drafting...
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Clean tanker market climbs into overbought territory on flow optimism
Clean tanker freight is built on conversion. Dirty freight can reprice fast on ton-miles and risk premium, but clean has...
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Super Typhoon Bavi Puts China Ports, Commodity Flows and Pacific Vessel Supply at Risk
Super Typhoon Bavi is moving toward the Taiwan–China shipping corridor, raising the risk of short-term disruption to vessel routing, China...
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India’s first greenfield integrated refinery complex in a decade starts
India’s first greenfield integrated refinery complex in a decade began operations July 4, a development that will advance the country’s...
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d’Amico International Shipping S.A. Announces A New Two-Year Time Charter Contract At A Highly Profitable Rate
d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tankermarket, announces that its operating subsidiary,...
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RightShip Announces Planned Product Leadership Transition
RightShip, a leading safety and risk intelligence platform, today announced the appointment of Maria Psaltaki as Chief Product Officer, effective...
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Performance Shipping Inc. Extends Time Charter for M/T Briolette with Aramco Trading at US$37,700 Per Day for Three Years
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate...
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STAX Engineering lands $150 million to scale ship emissions capture
US-based emission reduction technology firm STAX Engineering has secured $150 million financing to boost its emissions capture system for ships....
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China dominates car carriers as South Korea pivots to green, high-spec niches
Hyundai Glovis, the logistics affiliate of Hyundai Motor Group, began operating the Glovis Lander, the world’s largest pure car and...
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Stranded sulphur cargoes in the Strait of Hormuz face mounting corrosion risk, warns Brookes Bell
Bulk carriers carrying elemental sulphur cargoes in the Strait of Hormuz are at significant risk of accelerated structural corrosion, with...
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Pertamina shipping arm prioritizes diversified fleet in global push
Pertamina International Shipping (PIS) will continue pursuing a diversified fleet strategy instead of concentrating on any single vessel segment as...
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IMO Secretary-General calls for urgent release of 44 seafarers held by pirates
The seafarers have endured months in captivity amid a surge in attacks on ships in the Red Sea and Gulf...
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