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Scholz Vows to Keep Meyer Werft Shipyard Afloat

The German government is working on a deal to secure the future of Meyer Werft, a 229-year-old shipyard and one of the world’s largest...

Iron ore extends gains on fresh Chinese property support

Iron ore futures extended gains on Thursday, underpinned by fresh support to top consumer China’s property sector, along with rising margins among steelmakers. The most-traded...

Dry freight container production surpasses earlier all time high

Drewry expects 2024 to be the second highest year on record for dry freight container manufacturing, driven by the all-time high quarterly production in...

Baltic index hits near four-week high as capesize rates jump

The Baltic Exchange’s dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, rose to its highest in close...

Celestyal offers free cruises to Olympic medallists

Celestyal – which has headquarters in Greece, the birthplace of the Olympic Games – has launched the special offer to celebrate Team Greece’s success...

Odfjell continues strong performance in Q2

Odfjell significantly improved both its operating result and bottom line in the second quarter of 2024. Highlights – 2Q24: Odfjell´s strong performance on safety continues with...

MOL and Vale Retrofit Capesize Bulk Carrier with Rotor Sails

Mitsui O.S.K. Lines, Ltd. (MOL) and Vale International SA announced that a 200,000-ton class bulk carrier, currently employed under a mid–term contract for transportation...

Awilco LNG reports strong quarterly & half year profit

The Awilco LNG Group (Awilco LNG ASA together with its subsidiaries) reported unaudited results for the three months ended June 30, 2024. HIGHLIGHTS •Awilco LNG achieved...

Höegh LNG earnings down in Q2

Höegh LNG reported its interim financial results for the quarter and first half ended 30 June 2024. The group reported an EBITDA of USD...

Baltic index hits more than three-week high on higher capesize rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its gains to its highest level...

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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...