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Baltic Index falls to five-month low as vessel rates decline across the board

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to an over five-month low on...

NYK Group signs heads of agreements with JERA on low -carbon ammonia marine transport

NYK Bulkship (Asia) Pte. Ltd., a member of the NYK Group located in Singapore, has signed two heads of agreements with JERA Co., Inc....

Celestyal celebrates Celestyal Discovery’s Arabian Gulf debut

Celestyal has held a series of plaque exchange ceremonies to mark Celestyal Discovery’s debut in the Arabian Gulf. The 1360-guest ship, which has joined Celestyal...

ZIM board updates on ongoing strategic review process

ZIM Integrated Shipping Services Ltd. provided an investor update on its strategic review process. As part of the review of strategic alternatives that has been...

DHL and CMA CGM accelerate decarbonization of ocean freight with joint biofuel initiative

DHL Global Forwarding and CMA CGM have taken a significant step toward decarbonizing global container transport. The two companies have agreed to jointly use...

DOF Group ASA: Project awards in the Atlantic region and contract award in the North America region

DOF Group ASA announced the award of several new contracts in the Atlantic region. ‍The contracts will be executed primarily using DOF’s regional fleet during...

Saipem awarded an offshore EPCI contract in Qatar worth approximately 3,1 billion USD

Saipem, in partnership with Offshore Oil Engineering Co. Ltd. (COOEC), has been awarded an offshore EPCI contract by QatarEnergy LNG for the COMP5 package...

Resolution of dispute with Maersk’s Affiliate, Phoenix II A/S

Seatrium Limited refers to its announcements dated (a) 10 October 2025, regarding the notice of termination dated 9 October 2025 received by Seatrium Energy...

Heidmar Maritime Holdings Corp. maintains momentum with additions to managed fleet

Heidmar Maritime Holdings Corp. is further expanding its managed fleet through a series of recent vessel additions, reflecting shipowners’ increasing preference to leverage Heidmar’s...

Golden Island appoints Capt Kevin Wong as chief operating officer

Singapore-based marine fuels supplier Golden Island has appointed Capt. Kevin Wong as Chief Operating Officer. The company noted that Capt. Wong brings valuable experience spanning...

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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%...