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NORDEN announces preliminary financial results and raises full-year guidance

On the back of better-than-expected operational performance and rising markets, NORDEN upgrades the 2025 full-year guidance and now expects a net profit in the...

ONEX Shipyards welcome 60th ship for maintenance in 2025

ONEX Shipyards & Technologies Group President and CEO Panos Xenokostas welcomed the 60th ship of 2025 to the Violando dock of the Neorion Shipyards...

Ocean Installer extending charter agreement for Normand Vis

In order to meet current and future demands for offshore construction projects, Ocean Installer has called off a charter extension for the advanced multi-purpose...

Transocean linked to order for containership newbuildings in China

Transocean Maritime Agencies is linked by broker reports with two feeder container vessels under construction. Specifically, the company is suggested to have placed an order...

Teekay Tankers posts higher profit in Q3

Teekay Tankers has reported net income of USD 91.1 million in the third quarter of 2025.

DHT Holdings reports third-quarter profit growth

 DHT Holdings reported third-quarter profit growth.

South Korean auto, shipbuilding shares climb after trade deal finalized

South Korean auto and shipbuilding stocks rallied Thursday after Seoul and Washington finalized a trade deal announced back in July. Hanwha Ocean spiked as much...

HD Hyundai Marine Q3 net profit up 36.4 pct to 79.8 bln won

HD Hyundai Marine Solution Co., the ship repair unit of South Korea's shipbuilding giant HD Hyundai, on Thursday reported its third-quarter net profit of...

OceanPal in partnership with NEAR Foundation announces $120M PIPE investment to launch SovereignAI to Buildout Near-Powered AI Infrastructure

OceanPal Inc. announced the closing of a $120M private investment in public equity transaction for the purchase and sale of common stock and/or pre-funded...

Intermodal Weekly Market Report [W43]

This week’s insight focuses on Japan’s shipbuilding industry, still among the world’s top three but grappling with competition from China and South Korea.

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...