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Shipping group CMA CGM scales back Suez sailings on geopolitical risks

Shipping group CMA CGM will re-reroute vessels on three of its services away from the Suez Canal due to global uncertainties, it said on...

Interim DNV Group President and CEO appointed

Last week, DNV Group President and CEO Remi Eriksen was diagnosed with cancer. Remi is optimistic that he will fully recover. He will begin...

Nakilat delivers QAR 1.69 billion net profit in FY2025, an increase of 3.1%

Qatar Gas Transport Company Q.P.S.C. Nakilat announced its financial results for the year ended 31 December 2025. The Group delivered a net profit of...

Wan Hai Lines containership to be recycled by APT Global

Following the incident on board the WAN HAI 503 on 9 June 2025, all emergency response and casualty management measures have been completed. Following the...

Danaos Corporation announces strategic partnership with Glenfarne Group to advance the Alaska LNG Project

Danaos Corporation, one of the world's largest independent owners of containerships, announced a strategic partnership with Glenfarne Group LLC to advance the Alaska LNG...

Performance Shipping Inc. secures three-year time charter contract for M/T P. Monterey at USD31,000 per day

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

Okeanis Issues Commercial Update

Okeanis Eco Tankers Corp. announced the following commercial update: As of the date of this release, we estimate the following Daily Time Charter Equivalent Rate*...

Metrostar acquires vessels from Contships – report

According to Alphaliner, Metrostar Management Corp has acquired two containerships (1,296 TEU) from Contships Management at an undisclosed price.  More specifically, the company is reported...

Stealth Maritime exercises Hyundai tanker options – report

According to TradeWinds, Greek shipowner Harry Vafias has doubled an order for crude and product carriers at Hyundai Group yards placed in November, taking...

Intermodal Weekly Market Report [W3]

China has started 2026 with two signals that matter for bulk shipping in different ways. One is policy-driven and hits steel trade flows directly....

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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%...