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W Marine orders 2+2 feeder containerships

W Marine has reportedly placed an order with Huanghai Shipbuilding in China for two firm and two optional 1,800 TEU containerships. The first boxship is...

Diana becomes largest Genco shareholder

Diana Shipping has further increased its investment in New York-listed Genco Shipping & Trading. Specifically, the company has acquired about 1 million more shares in...

Capital Clean Energy reports 27% revenue increase in Q2

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2025. Key Quarterly Highlights Announced...

DHT Holdings announces $308.4 million financing

DHT Holdings announced that it has entered into a $308.4 million senior secured credit facility for the post-delivery financing of the Company’s four newbuildings. The...

d’Amico posts “robust” Q2 results

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, examined and approved...

Costamare orders new boxships; Q2 profit rises

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2025. PROFITABILITY AND LIQUIDITY Q2 2025 Net Income from Continuing...

Baltic Index Registers Best Month Since February

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, inched up on Thursday and recorded its strongest...

Seatrium first-half profit soars

Seatrium’s net profit for the first half of 2025 swelled on the back of a strong order book and higher margins, the company announced...

COSCO launches major newbuilding program

On July 29, COSCO SHIPPING Development (CSD) announced a major move in its ship leasing and industrial-finance integration strategy, committing more than RMB 6...

Castor Announces Sale & Leaseback of M/V Magic Thunder

Castor Maritime, a diversified global shipping and energy company, announced that on July 29, 2025, it successfully completed a sale and leaseback transaction for...

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Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces its results for the three months...

SFL – Third quarter 2026 results

SFL Corporation Ltd. announced preliminary financial results for the quarter ended September 30, 2026. Highlights 91st consecutive quarterly dividend declared, $0.22 per share Total operating revenues of...

Wallenius Wilhelmsen delivers solid results in Q3

Wallenius Wilhelmsen reported an adjusted EBITDA of USD 428m in the third quarter. “We delivered a strong third quarter, with solid demand and performance...

TORM plc Q3 2026 results, dividend distribution, and financial outlook 2026

“Favorable market conditions, healthy transportation demand, and strong execution contributed to a strong third quarter,” said Jacob Meldgaard, CEO of TORM, adding, “We remain...

Matson announces third quarter 2026 results and raises full year outlook

Matson, Inc., a leading U.S. carrier in the Pacific, reported net income of $209.4 million, or $6.96 per diluted share, for the quarter ended September 30, 2026. ...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

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...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

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...