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Editor’s Picks

OceanPal Becomes Strategic Partner In Two 6,600dwt Methanol-Ready Chemical Tanker Newbuildings

OceanPal, a global shipping company specializing in the ownership of vessels, announced that the Company agreed to become a strategic partner and invest in...

Economou buys stake in Performance Shipping

George Economou has acquired a stake in tanker owner Performance Shipping. According to a relevant SEC filing, Economou’s investment vehicle, Sphinx, a subsidiary of Maryport...

Navios Holdings Posts Net Income of $15.5 Million in Q2

Navios Maritime Holdings Inc., reported its financial results for the second quarter and six months ended June 30, 2023. Navios Holdings owns (i) a controlling...

Globus Maritime orders two ultramax bulkers

Globus Maritime Limited, a dry bulk shipping company, announced that it has signed two contracts, through its wholly owned subsidiaries, for the construction and...

Navios Partners Reports Financial Results for the Second Quarter & Six Months Ended June 30, 2023

Navios Partners, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and six month...

Globus Announces Amendment to Term Loan Facility; Signs Agreements to Sell Two Vessels

Globus Maritime Limited announced that it has entered into, amended and restated a term loan facility with First Citizens Bank & Trust Company (formerly...

Diana Shipping signs cape charter deal with Solebay

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Solebay Shipping Cape Company Limited, Hong...

Imperial Petroleum in strong first half performace

IMPERIAL PETROLEUM INC., a ship- owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced its unaudited financial and operating...

Euroseas protected against market volatility

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its results for the three- and...

Expanding Danaos posts strong financial results

Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the period ended June 30, 2023. Highlights for the Second Quarter...

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NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Europe targets shadow fleet tankers falsely flying Cameroon Flag, sources say

Europe is taking tougher action against tankers falsely using Cameroon’s flag registry to transport...

Celestyal to go west with new Mediterranean Odyssey sailings

Celestyal has unveiled its first dedicated Western Mediterranean programme, introducing a new 14-night voyage...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...