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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.

Iron ore hits two-week high ahead of Trump-Xi meeting

Iron ore futures prices gained on Wednesday for a third straight session to hit their highest in two weeks, bolstered by optimism on a...

Baltic Index rises on stronger capesize vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a five-day losing streak on Wednesday,...

Major new $131 million expansion announced for Port of Mobile container terminal

Port officials have announced plans for yet another expansion to Mobile’s container terminal, capitalizing on a recently completed project to widen and deepen the...

Robin Energy announces pricing of $7.0 million registered direct offering

Robin Energy, an international ship-owning company providing energy transportation services globally, announced that it has entered into a securities purchase agreement with a single...

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Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

Eastern Pacific Shipping and SUARDIAZ Group strengthen longstanding partnership with delivery of MV RS...

Eastern Pacific Shipping announced the delivery of MV RS Atlantico, marking a significant milestone...

Seanergy participates in Marine Money Week Asia

Seanergy Maritime Holdings President and CEO Stamatis Tsantanis took part in the 25th Marine...

EU’s Kallas says two countries may send ships to counter Houthis

Two countries signaled interest in sending ships to counter Houthi strikes in the Red...

Qatar-linked LNG traffic through Hormuz strait picks up despite conflict

More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait...

Panama Canal announces increase in draft and daily transit

The Panama Canal announced, through an Advisory to Shipping, that it will increase to...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...