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5,800 ships of the Greek-owned fleet in 174 countries

The Greek fleet made more than 160,000 calls in 174 countries in 2023, confirming the global footprint and geoeconomic importance of the sector. As reported...

Panama seizes two key ports from Hong Kong group amid U.S.-China canal dispute

Hong Kong conglomerate CK Hutchison said Tuesday that Panama authorities had threatened its employees with criminal prosecution if they defied orders to leave two...

Cheniere celebrates 10 years of LNG exports

Cheniere Energy, Inc. celebrates the 10th anniversary of its first export cargo of liquefied natural gas. On February 24, 2016, Cheniere loaded the Asia Vision...

Matson, Inc. announces fourth quarter and full year 2025 results; provides 2026 outlook

Matson, Inc., a leading U.S. carrier in the Pacific, reported net income of $143.1 million, or $4.60 per diluted share, for the quarter ended...

DHT Holdings, Inc. secures one-year time charter for DHT Redwood

DHT Holdings, Inc. announced it has entered into a one-year time charter agreement at $105,000 per day for the VLCC DHT Redwood, built in...

Middle East oil exports push tanker costs to 6-year-high amid threat of US-Iran war

The cost of shipping oil has surged to the highest in six years, fuelled by a wave of crude exports from the Middle East...

Saipem awarded a new offshore contract in Saudi Arabia worth approximately $500 million

Saipem has been awarded an additional offshore contract in Saudi Arabia under its existing Long-Term Agreement with Aramco. Saipem’s scope of work includes the Engineering,...

Panama officially cancels CK Hutchison port concessions, clearing path for Maersk

Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, clearing...

MISC’s LNG profit to rebound on newbuilds despite weak spot rates

MISC Bhd’s liquified natural gas (LNG) pre-tax profit is likely to recover from this year onwards due to progressive newbuilding deliveries. CGS International Securities Malaysia...

Uni-Fuels expands Southeast Asia footprint with new regional office in Thailand

Uni-Fuels Holdings Limited, a global provider of marine fuel solutions headquartered in Singapore, announced the establishment of Uni-Fuels Co., Ltd., its newly incorporated regional...

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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%...