Maritime News

TORM Reports Strong First Quarter Results

“TORM delivered a strong quarter supported by high freight rates, consistent execution, and our One TORM platform,” said…

13 May 2026

Davie Defense Finalizes $3.5 Billion U.S. Coast Guard Arctic Security Cutter Deal

The U.S. Coast Guard’s ambitious Arctic fleet expansion took another major step forward Wednesday as Davie Defense annou…

13 May 2026

An answer to many questions

The Damen Fuel Flexible Tugs range is prepared for the future – whatever it may hold The numerous new regulations facing…

13 May 2026

YES Forum: From Regional Schools to Posidonia – Investing in the New Generation of Shipping

YES Forum continues its mission of bringing shipping closer to the younger generation through dynamic initiatives implem…

13 May 2026

Corvus Energy and BYD Energy Storage strengthen partnership with Strategic Cooperation Agreement to Advance Next‑Generation Maritime Battery Technology

Corvus Energy AS, the global leader in zero‑emission maritime energy solutions, and BYD Energy Storage, a global leader …

13 May 2026

NORDEN strengthens fleet with the addition of four Handysize vessels

We are pleased to share that we have expanded our fleet with the purchase of four dry cargo Handysize vessels. The four …

13 May 2026

Taiwan-flagged ships rank fifth in region for port inspections

Ships registered under the Republic of China flag ranked a record fifth among 66 flag states inspected in the Asia-Pacif…

13 May 2026

Russian cargo ship sunk off Spain carried nuclear reactors for North Korea, probe reveals

Spanish investigators have discovered that the Russian cargo ship that sank in the Mediterranean in 2024 — originally be…

13 May 2026

Weekly Dry Time Charter Estimates, May 13 2026

13 May 2026

GTT receives an order from Samsung Heavy Industries for the tank design of a new floating storage and regasification unit

GTT announces that it has received, in the second quarter of 2026, an order from the Samsung Heavy Industries shipyard f…

13 May 2026

HD Korea Shipbuilding wins 748.5b-won LNG carrier deal, lifts 2024 tally

HD Korea Shipbuilding & Offshore Engineering, the intermediate shipbuilding holding company of HD Hyundai, said on the 1…

13 May 2026

AD Ports Group Delivers 41% YoY Net Profit Growth to AED 653 Million in Q1 2026; Best Quarterly Profits on Record

AD Ports Group, a leading global enabler of integrated trade, industry, and logistics solutions, today reported strong r…

13 May 2026

Port Powers Green Truck Corridor Connecting Key Trade Hubs

The Port of Long Beach, The Wonderful Company and Lincoln Transportation Services Monday signed a memorandum of understa…

13 May 2026

IEA Warns Hormuz Crisis Could Trigger First Global Oil Demand Contraction Since Pandemic

The International Energy Agency is warning that the ongoing disruption in the Strait of Hormuz is triggering one of the …

13 May 2026

Canadian wheat rises to its highest price since June 2025 tracking futures rally

Canadian wheat prices surged May 12 to their highest price since last June as US wheat futures rallied sharply following…

13 May 2026

France not planning oil stock release but may revisit decision

French Finance Minister Roland Lescure said Wednesday that France is not currently planning to release new oil stocks, t…

13 May 2026

Collins warns Fed may need to raise rates if inflation persists

Boston Federal Reserve President Susan Collins said on Wednesday the U.S. central bank may need to raise interest rates …

13 May 2026

Industrial production up by 0.2% in the euro area and by 0.8% in the EU

In March 2026, compared with February 2026, seasonally adjusted industrial production increased by 0.2% in the euro area…

13 May 2026

Eurozone Growth Slows to 0.1% in Q1 2026

Eurozone economic growth was confirmed at 0.1% in the first quarter of 2026, marking the weakest expansion since Q2 2025…

13 May 2026

Weekly Vessel Valuations Report, May 12 2026

Bulkers: The secondhand Bulker market remained active this week. Modest value increases occurred across Bulker segments,…

13 May 2026