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Yemen’s Houthis will keep blockade on Israeli vessels after asset sale reports

Yemen’s Houthis said on Sunday they would maintain their maritime blockade against Israeli vessels in response to “intelligence information” regarding Israeli shipping companies selling their...

Maersk opens its first own-licensed bonded warehouse in north Vietnam

A.P. Moller – Maersk opened its first bonded warehouse in Vietnam at SLP Park, Nam Dinh Vu IP, Hai Phong province. Operated by Maersk...

Shipbuilding giant’s revenue hit by US navy uncertainty

The largest U.S. military shipbuilder Huntington Ingalls on Thursday cut its 2024 shipbuilding revenue due to uncertainty in navy agreements, supply chain issues and...

Dynacom Tankers linked to sale of 2006-built trio, order for 4 newbuilds

Dynacom Tankers is reported to have sold three ice-class-1A tanker vessels at a price approximating USD 72 million. Specifically, brokers report the company has sold...

Costamare posts strong Q3 results, continues fleet investment

Costamare reported unaudited financial results for the third quarter and nine-months ended September 30, 2024. I. PROFITABILITY AND LIQUIDITY Q3 2024 Net Income available to common...

Cosco Shipping Holdings sees quarterly profits soar

COSCO SHIPPING Holdings announced the third quarter results for 2024.  In the first three quarters of 2024, the volume of cargo in major markets grew...

Leadership change at ESVAGT

From 1 November Kristian Jakobsen and Søren Karas will jointly take over the CEO role at ESVAGT replacing Peter Lytzen who will retire. Kristian Jakobsen...

Avance Gas Holding successfully completed the first VLGC delivery to BW LPG

Avance Gas Holding refers to the announcement on August 15, 2024, to sell its VLGC fleet to BW LPG Ltd for $1,050 million. The...

Teekay Corporation reports third quarter 2024 results

Teekay Corporation reported results for the three months ended September 30, 2024. These results include the Company’s publicly-listed consolidated subsidiary, Teekay Tankers and all...

Trafigura issues statement on Mongolia petroleum products business

An internal review followed by an external forensic investigation have uncovered serious misconduct by individuals in Trafigura’s Mongolian petroleum products supply business.  The misconduct included...

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TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Tankers are facing a higher risk of attacks and intimidation as they try to...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...