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Performance Shipping secures two-year time charter contract for M/T P. Long Beach at US$30,500 per day

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that it has entered into a time charter contract with...

Costamare posts Q3 profit; expands fleet

Costamare Inc. reported unaudited financial results for the third quarter and nine-month period ended September 30, 2025. Discontinued operations as a result of Costamare Bulkers...

Intermodal Weekly Market Report [W44]

October proved to be a robust month for the LNG shipping segment, providing a welcome lift to spot rates, largely underpinned by activity in...

Iron ore extends losses on weak China demand, slow factory activity

Iron ore futures eased on Tuesday, extending losses into a third consecutive session, as slowing factory activity and weak steel demand in top consumer...

Baltic Index rises on firmer capesize rates

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Tuesday, supported by higher rates for...

Thenamaris linked to order for suezmax pair

According to broker reports, Thenamaris is linked to an order for two suezmax tankers at a CSSC-affiliated shipyard. Price details were not disclosed. Thenamaris currently...

Diana Shipping Inc. announces time charter contract for m/v Los Angeles with MOL and direct continuation of time charter contract for m/v DSI Aquarius...

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Star Bulk: Μulti-year program to “green” its fleet

Star Bulk Carriers, owned by Petros Pappas, is implementing a multi-year program to “green” its fleet, through the construction of a new generation of...

Panama Canal bets on LPG transits to offset world trade slowdown next year

The Panama Canal expects an increase in transits of liquefied petroleum gas (LPG) vessels and carriers of some agricultural commodities to help it compensate...

NORDEN hires new Head of Dry Cargo

Christian Antonsen, currently Global Ocean Freight Director, Chartering, at agricultural firm Archer Daniels Midland (ADM), joins NORDEN on 1 January 2026 as new Head...

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Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has...

Dorian LPG declares irregular cash dividend of $1.25 per share

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers, announced that its Board of Directors has declared...

Capital Clean Energy Carriers announces third quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the third quarter ended September 30, 2026. Key Highlights Took...

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...

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%...