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Editor’s Picks

Global Ship Lease announces exercise of newbuild options

Global Ship Lease, Inc., a containership owner and lessor, today announced that, subject to certain conditions precedent being met, the Company has exercised options...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman and CEO of Navios Maritime Partners, in her keynote address...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

Greek shipowners’ orderbook exceeds 1,000 vessels

The Greek-owned orderbook has exceeded the 1,000-vessel threshold. Greek shipowners are pursuing a massive shipbuilding programme which, according to a Xclusiv report, reached 1,005...

Eurotankers linked to USD 60 mln LR2 sale

Eurotankers has reportedly sold an LR2 tanker built in 2009 for USD 60 million, continuing its strategy of offloading older tankers at a time...

Macquarie pours more than $2 billion into Greek shipping

Macquarie, led by Marc Hari as head of shipping finance, has deployed more than $2 billion in the Greek shipping market since 2017, when...

Danaos Corporation declares quarterly dividend on its common stock for the third quarter of 2026 and an extraordinary special dividend

Danaos Corporation, one of the world's largest independent owners of containerships declared a quarterly cash dividend of $1.00 per share on its common stock...

Contships signs deal with Hubei Guangji to build up to 30 feeder containerships

Contships Logistics, owned by Nikolas D. Pateras, is moving ahead with a major shipbuilding programme that could eventually comprise up to 30 feeder containerships. Specifically,...

Top Ships announces closing of the acquisition of three high specification newbuilding MR Tankers

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced the closing of the previously announced share purchase agreement...

Capital Maritime Finance launches Greece’s first shipping IPO with exclusive listing on Euronext Athens

Capital Maritime Finance Corp. (CMF) is launching Greece’s first shipping IPO, with all of its shares to be exclusively listed on Euronext Athens. The move...

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COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Q3 2026: KONGSBERG delivers a strong third quarter with a record-high order backlog

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand...

Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...