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Billionaire Ortega buys stake in UK’s PD Ports from Brookfield

Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to acquire a 49% stake in PD Ports from Brookfield Asset Management (BAM.TO), opens...

Yemen: Houthis’ attacks on cargo ships apparent war crimes

The Houthi armed group in Yemen attacked two commercial cargo vessels in the Red Sea between July 6 and 9, 2025, violations of the...

Jinhui Shipping and Transportation plans to sell two vessels

Jinhu i Shipping and Transportation Limited, Wednesday announced its decision to sell two supramax bulkers for $10.8 million and $11 million, respectively. The move is...

Aegean, Vitol agree long-term charter deal – report

Aegean Shipping Management, owned by Georgios Melissanidis, reinforces its business collaboration with Vitol, the world’s largest independent oil products trader, by signing a long-term...

Vale’s iron ore output up 4% with record Q2 at key mine

Brazilian miner Vale produced 83.6 million metric tons of iron ore in the second quarter, up 3.7% from a year earlier, the company reported. In...

Strong capesize demand lifts baltic dry bulk index to over 1-year peak

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, firmed on Wednesday to its highest level in...

MOL integrates group ship management companies, consolidating functions into MOL global ship management

Mitsui O.S.K. Lines announced that with the aim of integrating the MOL Group’s ship management functions and enhancing safety operations, MOL has renamed its...

Putin says FSB approval will be needed for foreign vessels entering Russian ports

Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir...

Throughput in the port of Rotterdam declines in first half year

Throughput in the port of Rotterdam decreased by 4.1% in the first half of 2025. This brought the total throughput to 211.0 million tonnes....

Hyundai Hyms sale kicks off as J& Private Equity sends out teaser letters

Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&PE), begins...

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d‘Amico International Shipping sees rise in earnings

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...

International Seaways posts record quarterly net income; matches record dividend

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the third...

Dorian LPG announces record earnings in Q2

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers reported its financial results for the three months ended September...

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...

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...