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CLIA: Statement regarding the meeting with the Prime Minister of Greece

The Cruise Lines International Association (CLIA) issued statement regarding the meeting with the Prime Minister of Greece, held on 22 October 2024. The announcement reads: “The...

DDW Offshore secures two contracts with an international oil company

DDW Offshore has been awarded two one-year contracts, each with a further 24-month priced option structure, with an international oil company for the anchor...

Samsung Heavy Industries Q3 net income up 100.6% to $51.7 mil

Samsung Heavy Industries, the world's third-largest shipbuilder by orders, said Thursday its third-quarter net profit more than doubled from a year earlier on high-end...

Dorian LPG declares irregular cash dividend of $1.00 per share

Dorian LPG updated its financial and operational outlook for the quarter ended September 30, 2024, announced that its Board of Directors has declared an...

Performance Shipping secures sale and leaseback agreement for 2nd newbuild LR2 Aframax tanker

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...

Baltic index falls as all vessel segments decline

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Thursday, dragged down by losses...

Globus Maritime announces agreements to purchase two vessels

Globus Maritime announced that it has signed, through two separate wholly owned subsidiaries, memoranda of agreement to acquire two Kamsarmax scrubber outfitted dry bulk...

GIC to acquire BlackRock’s Shareholding in GasLog

GasLog, a leading global provider of LNG shipping services, announced that GIC, a global institutional investor, and a fund managed by Global Infrastructure Partners,...

Hapag-Lloyd raises outlook on stronger-than-expected demand

International shipping company Hapag-Lloyd HLAG.DE raised its full-year earnings guidance on Thursday citing stronger-than-expected demand and higher freight rates. Despite increased expenses from the diversion...

COSCO invests in Thailand’s largest port

COSCO SHIPPING Ports Limited announces its acquisition in 12.5% and 30% of the equity stakes in Thai Laemchabang Terminal Co., Ltd. (‘TLT’) and Hutchison...

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Odfjell SE 2Q26: A strong financial result

Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....

Navios Maritime Partners L.P. reports financial results for the second quarter and six months ended June 30, 2026

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...

C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...