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Published on 14:40 GMT

US targets another Chinese refinery and VLCCs amid resilient Iranian oil flows

While international media report renewed interest in nuclear talks between the US and Iran – potentially resuming this weekend in the capital of Oman – Washington continues to intensify its ’maximum pressure’ campaign. In a statement issued on 8 May, the …

Source: Riviera - Neutral
Published on 08:24 GMT

Okeanis Eco Tankers takes VLCCs out of Chinese leases

Okeanis Eco Tankers is pulling its three youngest VLCC vessels out of Chinese leases. The New York and Oslo-listed Alafouzos family vehicle, with a fleet of six suezmaxes and eight VLCCs, has declared purchase options on the 2020-built Nissos Anafi and the …

Source: Splash 247 - Neutral
Published on May 8, 2025

Idemitsu Tanker orders methanol dual-fuel VLCC pair

Japanese owner and operator Idemitsu Tanker has contracted to build two methanol dual-fuel VLCCs. The 339.5 m long, 309,400 dwt vessels are developed together with Japanese shipping lines Nippon Yusen Kaisha (NYK), Iino Kaiun Kaisha (Iino Lines) and Nihon …

Source: Splash 247 - Neutral
Published on May 7, 2025

Assessing the VLCC Market Cycle: Diverging Trends in Values, Earnings, and Liquidity

Using VesselsValue’s ‘Timeseries’ product, we take a look at the current position of the VLCC market across vessel values, earnings, and S&P activity. We have seen values for VLCCs fall year-on-year with values for 5YO vessels of 320,000 down by c. 4. …

Source: Hellenic Shipping News - Neutral
Published on May 8, 2025

BAHRI REPORTS FIRST QUARTER 2025 RESULTS WITH 18% NET PROFIT GROWTH

(MENAFN- PR Newswire) Q1 2025 EBITDA of SAR 1.20 billion (+14% YoY) and net profit of SAR 533 million (+18% YoY), reflecting resilience across its core shipping businesses amid prevailing market headwinds, and supported by a profit turnaround in Integrated …

Source: MENAFN - Indeterminate
Published on May 6, 2025

The week in charts: Crude tanker rates up double digits | Red Sea monthly transits fall slightly | Containership sale ...

SPOT rates for very large crude carriers have posted impressive gains, the orderbook remains very low, owner balance sheets are exceptionally strong, and Middle East exports are finally on the rise, wrote senior maritime reporter Greg Miller. And yet …

Source: Lloyd's List - Pending
Published on 20:15 GMT

Okeanis Eco Tankers Corp. – Invitation to Q1 2025 Results Conference Call and Webcast

ATHENS, Greece, May 09, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited condensed results for the first quarter of 2025, after market close on the NYSE, on Wednesday, May 14, 2025, and …

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Published on 12:20 GMT

Teekay Tankers Ltd. (NYSE:TNK) Q1 2025 Earnings Call Transcript

Teekay Tankers Ltd. (NYSE:TNK) Q1 2025 Earnings Call Transcript May 8, 2025 Operator: Welcome to the Teekay Group First Quarter 2025 Earnings Results Conference Call. During the call, all participants will be in a listen-only mode. Afterwards, you will be …

Source: Insider Monkey - Neutral
Published on 06:59 GMT

Life in UAE making us fat, say expats

ABU DHABI // Living in the UAE has made me fat - that was the response given by 98 out of 100 overweight expatriates who were questioned about their weight gain since arriving in the country. Although the long, hot summer is often blamed for making …

Source: The National News - Pro-Government
Published on May 8, 2025

Total assets of Asyad Shipping top RO 1.1 billion

MUSCAT, MAY 8 Total assets of Asyad Shipping Company SAOG, Oman’s majority government-owned maritime transportation company, has recorded a rise in the valuation of its assets to RO 1.099 billion at the end of Q1 2025, up from RO 1.085 billion at the end …

Source: Oman Observer - Gov't Propaganda
Published on May 8, 2025

Okeanis Eco Tankers Corp. – New Financings Update

ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has declared its options to purchase back each of the VLCC vessels Nissos Kea, Nissos Nikouria, and Nissos …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025

D’Amico sees continued strength in product tankers

GEOPOLITICAL uncertainties have not shaken the faith that Italy-based owner d’Amico International Shipping (DIS) continues to hold in the resilience of the product tanker market after notching another profitable quarter. “Although potential peace …

Source: Lloyd's List - Neutral
Published on May 7, 2025

Okeanis Eco Tankers Corp. – Files Two Registration Statements on Form F-3

ATHENS, Greece, May 07, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has filed with the U.S. Securities and Exchange Commission (the “SEC”) a shelf registration statement on …

Distribution channels: Companies, Shipping, Storage & Logistics ...
Published on May 7, 2025

Chinese Newbuilding Orders on the Rise Again

Newbuilding ordering activity has been on the rise once more, particularly in China, despite the existing tensions. In its latest weekly report, shipbroker Banchero Costa said that “after a rather quiet period, Newbuilding activity, particularly in China, …

Source: Hellenic Shipping News - Neutral
Published on May 7, 2025

India’s US crude imports surge nearly 100% on renewed energy diplomacy, China tariffs

India has doubled its crude purchases from the US, as higher availability of cargoes due to sluggish purchases by China and other buyers has opened a window of opportunity for Indian refiners to diversify imports. The changing global economic scenario, …

Source: Hellenic Shipping News - Neutral
Published on May 6, 2025

Stay UV protected with the best sunscreen brands: Up to 80% off on Amazon Sale

The sun’s out and so are the blockbuster beauty deals! The Amazon Great Summer Sale 2025 is offering up to 80% off on the best sunscreen for women and men from trusted brands like Minimalist, The Derma Co, Aqualogica, Dot & Key, and more. Sunscreen is …

Source: Hindustan Times - Indeterminate
Published on May 6, 2025

South Korean shipyards dominate Greek newbuilding activity in 2025 amid geopolitical shifts

South Korea tops activity South Korean shipyards have emerged as the top destination for Greek newbuilding activity in 2025, securing contracts for 21 vessels, accounting for almost 62% of total Greek orders. Tankers were the main driver behind this …

Source: Riviera - Neutral

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Published on May 9, 2025 - 14:00 GMT

HII Welcomes High School Seniors to Shipbuilding Careers at Newport News Shipbuilding

NEWPORT NEWS, Va., May 09, 2025 (GLOBE NEWSWIRE) -- More than two dozen high school seniors know what they’ll be doing after graduation this year, after accepting offers to begin their shipbuilding careers at HII’s (NYSE: HII) Newport News Shipbuilding …

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Published on May 9, 2025 - 10:00 GMT

Automotive Load Floor Market to Reach USD 494.8 Million by 2035, Rise in Utility-Oriented Vehicle Production

Automotive Load Floor Market grows with demand for enhanced cargo space, lightweight materials, and vehicle interior customization. NEWARK, DE, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- The global automotive load floor market is poised …

Distribution channels: Automotive Industry ...

Published on May 8, 2025 - 19:21 GMT

CBP Acting Commissioner Pete Flores addresses the Trade and Cargo Security Summit

NEW ORLEANS – Good afternoon, everyone. It's a full room. It’s good. It’s good to see the participation here today and everybody in the room really for a week of collaboration with us, really, as we start this off. That's what this event is for, …

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Published on May 8, 2025 - 13:00 GMT

U.S. Cargo Drones Market to Reach $3,275.1 Million by 2030 – Revolutionizing Logistics!

Delray Beach, FL, May 08, 2025 (GLOBE NEWSWIRE) -- The report "US Cargo Drones Market by Solution [Avionics, Route Planning & Optimizing, Fleet Management, Ground Control Stations, Services], Range (Short, Mid, Long) , Payload (10-49 Kg, 50-149 Kg …

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Published on May 7, 2025 - 09:18 GMT

AsstrA at Transport Logistic 2025 in Munich

AsstrA-Associated Traffic AG is excited to announce its participation in Transport Logistic 2025. SWITZERLAND, May 7, 2025 /⁨EINPresswire.com⁩/ -- AsstrA-Associated Traffic AG is excited to announce its participation in Transport Logistic 2025, the world …

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Published on May 7, 2025 - 20:20 GMT

Genco Shipping & Trading Limited Announces Q1 2025 Financial Results

Declares Dividend of $0.15 per share for Q1 2025 Represents Genco’s 23ʳᵈ Consecutive Quarterly Dividend Announces a $50 Million Share Repurchase Program Building on Long-Standing Dividend Strategy NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Genco Shipping …

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Published on May 7, 2025 - 18:53 GMT

22 Shipping Companies Presenting at the 2nd Maritime Leaders Summit Hosted By: Capital Link & DNV - Nor-Shipping - ...

NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Senior executives from 22 leading shipping companies will participate on panels discussions at the “2nd Maritime Leaders Summit” on Monday, June 2, 2025, at the Clarion Hotel The Hub in Oslo, Norway. The event is …

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Published on May 6, 2025 - 21:03 GMT

2025 Providence Maritime Welding Competition Showcases Student Talent and Career Pathways in Shipbuilding

PMFG's Maritime Welding competition brought together students, educators, and industry leaders highlighting opportunities in shipbuilding & manufacturing. PROVIDENCE, RI, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The 2025 …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 04/18/2025

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Shipping, Storage & Logistics Press Releases

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Published on May 9, 2025 - 18:52 GMT

Royal 4 Systems Partners with Labor AI’s ELS solution for their WISE 11.0 cloud WMS

Royal 4 Systems announced the release of LaborAI’s Engineered Labor Standards solution in WISE Warehouse Management System (version 11.0) LONG BEACH, CA, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Royal 4 Systems, a leading producer and …

Distribution channels: Automotive Industry, Healthcare & Pharmaceuticals Industry ...
Published on May 9, 2025 - 18:49 GMT

Executives Discuss Trade Uncertainty and Share Trends and Insights at the 3PL Value Creation Asia Summit

The summit brings together executives from third-party logistics (3PL), supply chain and logistics professionals, investors, and technology experts. BROOKFIELD, WI, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- On July 9th, Armstrong & …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 16:02 GMT

Statement from NRLCA President Don Maston on the Appointment of David Steiner as USPS Postmaster General

WASHINGTON, DC, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- The United States Postal Service is one of our nation’s oldest and most trusted institutions, rooted in a 250-year legacy of public service. As the USPS Board of Governors confirms …

Distribution channels: Business & Economy, Companies ...
Published on May 9, 2025 - 22:03 GMT

Landstar System to Release First Quarter Results on Tuesday May 13, 2025

JACKSONVILLE, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2025 first quarter results before the market opens on Tuesday, May 13, 2025, and will then hold its quarterly conference call with …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 9, 2025 - 10:00 GMT

MindCloud Awarded the Spring 2025 High Achiever Award by TopBusinessSoftware.com

MindCloud, proudly announces that it has been awarded the Spring 2025 High Achiever Award from TopBusinessSoftware.com. CLEARWATER, FL, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- MindCloud, a leader in AI-powered software integrations, …

Distribution channels: Agriculture, Farming & Forestry Industry, IT Industry ...
Published on May 9, 2025 - 20:15 GMT

Navigator Gas Announces 2025 Annual Meeting

LONDON, May 09, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, today announces that its 2025 …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 20:15 GMT

Okeanis Eco Tankers Corp. – Invitation to Q1 2025 Results Conference Call and Webcast

ATHENS, Greece, May 09, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited condensed results for the first quarter of 2025, after market close on the NYSE, on Wednesday, May 14, 2025, and …

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Published on May 9, 2025 - 20:05 GMT

Navigator Gas Announces Change to Board of Directors

LONDON, May 09, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces the following change to …

Distribution channels: Companies, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 20:00 GMT

Integrated Rail & Resources Executes a 7-Year Supply and Offtake Agreement with Shell for Crude Oil Processing Facility

WINTER PARK, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Integrated Rail & Resources Acquisition Corp. (OTC: IRRX) (“IRRX”) and Shell Trading (US) Company (“Shell”) have entered into a 7-year supply and offtake agreement under which STUSCO will supply crude …

Distribution channels: Media, Advertising & PR, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 18:04 GMT

DP World Signs Agreement to Launch $760M Port & Free Trade Zone in Dominican Republic

SANTO DOMINGO, Dominican Republic, May 09, 2025 (GLOBE NEWSWIRE) -- DP World has signed a landmark US$760 million Memorandum of Understanding (MoU) with the government of the Dominican Republic to expand the Port of Caucedo and its Free Trade Zone, setting …

Distribution channels: Business & Economy, Media, Advertising & PR ...
Published on May 9, 2025 - 06:02 GMT

Martinus Rail and A1 Technologies: Cost Consolidation and Strategic IT Roadmap for Nearly $1M Savings

Strategic IT roadmap aligned spend, security, and governance—optimising Microsoft 365 and cutting nearly $1M in costs over 3 years. BRISBANE, AUSTRALIA, May 9, 2025 /⁨EINPresswire.com⁩/ -- A1 Technologies, a Microsoft Solutions Partner and provider of …

Distribution channels: IT Industry, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 17:06 GMT

GXO meldet Ergebnisse für das erste Quartal 2025

Umsatz steigt im ersten Quartal gegenüber dem Vorjahr um 21 % auf 3 Milliarden USD, bei einem organischen Umsatzwachstum von 3 % Die Umsatzpipeline wurde auf ein Dreijahreshoch von 2,5 Milliarden USD gesteigert, Wincanton ausgenommen Rückkauf von 2,8 …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 17:06 GMT

GXO publie ses résultats du premier trimestre 2025

Chiffre d’affaires arrêté à 3 milliards de dollars, soit une progression de 21 % en glissement annuel et croissance organique à hauteur de 3 % Prévisions commerciales à 3 ans de l’ordre de 2,5 milliards de dollars, hors Wincanton 2,8 millions d’actions …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 12:00 GMT

Xos, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call

LOS ANGELES, May 09, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its first quarter 2025 operating results on Wednesday, May 14, 2025 after …

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Published on May 9, 2025 - 09:53 GMT

Nordic American Tankers Ltd (NYSE: NAT) – The company is in an active phase of development

Friday, May 9, 2025 Dear Shareholders and Investors, The first months of 2025 since the end of 2024 has been the most active period in Nordic American (NAT) for several years. The path forward is up. Dividend is a priority. As per previous …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 20:36 GMT

AI vs. Tariffs in Global Trade: New 2025 Report Details AI Mitigation for Soaring Costs & Trade Contraction

global trade landscape faced a shock in early 2025, caught in the crosscurrents of aggressive tariff regimes and the transformative power of (AI). LONDON, UNITED KINGDOM, May 8, 2025 /⁨EINPresswire.com⁩/ -- The global trade landscape faced a …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 18:03 GMT

Mallplaza growth in visitor flows, revenue and EBITDA positioning it as the fastest-growing company in the industry

The performance of its unique portfolio in the Andean Region stands out, leader in tenant sales and revenues SANTIAGO, CHILE, May 8, 2025 /⁨EINPresswire.com⁩/ -- Mallplaza continues to post positive financial results. In 1Q2025, the company …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 8, 2025 - 15:32 GMT

Polyvance Expands Heavy Truck Hood Repair Solutions with New Kits for Peterbilt 579 and Kenworth T800 Models

RAINSVILLE, AL, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- Polyvance, a leader in automotive and industrial plastic repair solutions, is pleased to announce the launch of two innovative heavy truck hood repair kits: one specifically …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on May 8, 2025 - 15:10 GMT

Movers.com Offers Expert Tips for Stress Free Moves This 2025 Peak Season

With the busy moving season officially underway in May, Movers.com shares essential planning tips to help Americans relocate smoothly and affordably. NORTH BRUNSWICK, NJ, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- As the U.S. enters its …

Distribution channels: Real Estate & Property Management, Shipping, Storage & Logistics ...
Published on May 8, 2025 - 14:15 GMT

Fastport Partners with American Trucking Associations' Workforce Heroes Program to Support Veteran Career Transition

Fastport partners with ATA’s Workforce Heroes Program to help Veterans transition into trucking and transportation careers. WASHINGTON, DC, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- Fastport, a leader in helping military veterans transition into …

Distribution channels: Business & Economy, Companies ...