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Baltic index rises for 3rd day as larger vessel rates gain

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended gains for a third consecutive session on...

Performance Shipping secures charter contract with Trafigura for LR2 Aframax Tanker, M/T P. Aliki

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...

Hyundai, Capital Gas get approval for LCO2 carrier

HD HHI and Capital Gas Ship Management have received approval in principle for a 40,000 cbm LCO₂ carrier from Lloyd’s Register, developed following a...

Hapag-Lloyd CEO says demand surge may be short-lived

Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container shipments across the world’s oceans has risen significantly in recent weeks...

Ship registries flag innovations at Posidonia 2024 amidst global challenges and opportunities

Sixteen ship registries from across the globe are participating in Posidonia 2024 to showcase their innovations and competitive strategies. These registries aim to navigate...

Libra Group makes $2 billion exit from container shipping

Libra Group exited the container shipping market this week after selling close to 100 vessels for more than $2 billion over several years to...

Iron ore extends fall on softening China steel demand, bets of high supply

Iron ore futures prices extended their decline to a fifth straight session on Wednesday, pressured by faltering steel demand and expectations of high shipments...

Performance Shipping secures charter contract with Aramco

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 hits three-week high on higher vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its gain on Wednesday to mark its...

Diana Shipping announces time charter contract for M/V polymnia with reachy

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

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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...