Trump is putting ‘maximum economic pressure’ on Iran. What’s next for oil?
President Donald Trump’s recent decision to reinstate a goal from his first presidency to bring Iran’s oil exports to zero has had little impact on crude prices so far.
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EuroDry confirms scrap sale of panamax bulker ahead of ‘costly’ survey
Nasdaq-listed EuroDry decided to scrap its oldest panamax bulker due to its looming special survey. The Greek shipowner ...
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'First-ever' newbuild tankers with certified AMP join Capital’s fleet
The latest additions to the Greek shipowner’s fleet are 115,621-dwt Aframax/LR2 tankers Aisopos and Aiolos, both built at ...
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One of world’s oldest product tankers heads for the scrapyard
After 37 years of gainful employment transporting refined petroleum products across the world’s sea lanes, the 40,000-dwt MR1 ...
EuroDry Ltd. Announces Agreement to Sell M/V Tasos, a 2000-built Panamax Bulk Carrier
We are pleased to announce our agreement to sell of our M/V Tasos, the eldest Panamax-size bulker of our fleet which was due for a costly fifth special survey, for recycling. As a result of this sale, ...
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Chinese newbuilding orderbook exceeds $123 bln
Chinese newbuilding orderbook exceeds $123 bln. Find the latest news from the maritime industry on the PortNews website.
Nordic American Tankers says 2025 focus is to renew, grow fleet
In a letter to shareholders, CEO Herbjorn Hansson said, “A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ...
Putin's Shadow Fleet May Have NATO Origins: Report
Russia's fleet of supply vessels now makes up just shy of a fifth of global oil tankers operating across the world.