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Yang Ming reveals 2025 financial report

Yang Ming Marine Transport Corporation held its 411th Board Meeting and approved the financial results for 2025. For the year, Yang Ming reported consolidated...

Enagás and Axpo launch new LNG vessel

A new state-of-the-art LNG bunkering vessel, the Alisios LNG, was launched at the port of Huelva in southwestern Spain by Enagás CEO Arturo Gonzalo...

Orient Overseas warns of Middle East risk after earnings sink

Orient Overseas International Ltd. warned that the escalating conflict in the Middle East poses further uncertainty to the industry, after an array of geopolitical...

Seanergy Maritime announces the acquisition of two japanese capesize newbuildings and sale of older vessel

Seanergy Maritime Holdings Corp. announced that it has agreed to acquire two scrubber-fitted 181,500 dwt Capesize vessels to be constructed at a first-class shipyard...

DP World reports record $24.4 bn revenue and $6.4bn ebitda for 2025

DP World announced record financial results for 2025, with revenue up 22% to $24.4 billion, and adjusted EBITDA up 18% to $6.4 billion (margin...

Dynacom takes delivery of MT PSERIMOS tanker

Dynacom Tankers Management has taken delivery of yet another newly built tanker vessel. Specifically, the MT PSERIMOS, which was built in China, was delivered to...

BIMCO: Boxship orderbook hits new record high

“Despite increasing trade policy uncertainty and falling freight rates, the container ship order book has continued to expand. It now totals more than 1,350...

MSC Group secures 45-year concession for Snake Island Port Terminal with Nigerdock and agrees EPC contract with ITB and DEME for development

MSC Group has signed a 45-year concession agreement with Nigerdock to develop a state-of-the-art container terminal within Snake Island Port (SIP) in Lagos, and...

Iran has laid about a dozen mines in Strait of Hormuz, sources say

Iran has deployed about a dozen mines in ​the Strait of Hormuz, two sources familiar with the matter ‌said, in a move likely to...

Iranian oil flows through Strait of Hormuz even as Gulf neighbors’ exports shut

Iranian crude oil has continued to flow through the Strait of Hormuz ​at a near-normal pace even as Tehran-linked attacks on ships in the...

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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%...