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Iron ore seesaws amid softening near-term demand in China, restocking hopes

Iron ore futures prices seesawed on Thursday with market players weighing softening near-term demand in top consumer China and prospects of increasing supply against...

Baltic Index edges up on stronger vessel rates across the board

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

Celestyal expands ‘Iconic Arabia’ shore excursion programme

Celestyal has expanded the shore excursion programme for its upcoming new-for-2025 ‘Iconic Arabia’ itineraries on its second ship to visit the region, Celestyal Discovery. New...

Rubico announces successful completion of fleet refinancing

Rubico Inc., an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced  that it has closed the previously announced sale and...

Okeanis Eco Tankers – Unaudited Condensed Financial Statements for the Third Quarter and Nine-Month Period of 2025

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the third quarter and nine-month period of 2025, which are attached to this...

Hapag-Lloyd: strong growth and solid results after nine months

Hapag-Lloyd achieved a Group EBITDA of USD 2.8 billion (EUR 2.5 billion) in the first nine months of 2025. Group EBIT and the Group...

Amogy and Samsung Heavy Industries sign strategic partnership for manufacturing of amogy’s ammonia-to-power systems

Amogy, a provider of scalable and efficient ammonia-to-power solutions, and Samsung Heavy Industries (SHI) announced a multi-year strategic contract manufacturing partnership for the manufacturing...

Italy’s Fincantieri sees 40% surge in 9-month core profit

Italian shipbuilder Fincantieri (FCT.MI), opens new tab reported on Wednesday a 40% rise in its nine-month core profit pushed by growth in all of...

Flex LNG: Third quarter revenues at $85.7 million

Flex LNG announced its unaudited financial results for the quarter ended September 30, 2025. Highlights: * Vessel operating revenues of $85.7 million for the third quarter...

Evergreen confirms order for 14 LNG dual-fuel container ships

Evergreen Marine has confirmed an order for fourteen 14,000-TEU LNG-fueled containerships, at a cost of approximately $3 billion. The vessels will be built by South...

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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%...