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Maersk commits $600 million investment in Nigeria’s ports

Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk MAERSKb.CO, the presidency said in a statement on Sunday. The investment was secured during...

Iran says crew of MSC Aries to be released

Iran’s foreign minister said the crew of a seized Portuguese-flagged ship linked to Israel have been granted consular access and are expected to be...

Global LNG freight rates stable despite recent vessel availability fluctuation

Global LNG freight rates have remained steady throughout this year, despite the number of LNG vessels available in both the Pacific and Atlantic spot...

Stranded ships exit Baltimore port via temporary channel

Four cargo ships, stuck for about a month at the Port of Baltimore by the ruins of the collapsed Francis Scott Key bridge, have...

Drewry Dry Bulk Equity Index Down 3.9% Last Month

In March, the Drewry Dry Bulk Equity Index declined 3.9% and underperformed the S&P 500, which rose 2.3% during the same time. However, the...

Costamare linked to cape buy

According to various broker reports, Nissen Kaiun have committed their Capesize “Frontier Unity” 181/2012 Koyo, Japan (SS/DD 12/2025, BWTS & Scrubber fitted) to undisclosed...

Royal Caribbean lifts profit view again on cruise boom, higher prices

Royal Caribbean Group RCL.N on Thursday raised its annual profit forecast for a second time, after record bookings during the first quarter and...

Weaker spot LNG prices support gas, LNG flows from Algeria to Europe

Weaker spot LNG prices in Europe have supported increased buying interest for Algerian LNG cargoes, with traders expecting both LNG and gas outflows from...

Wärtsilä secures China’s largest-ever methanol newbuild order

Technology group Wärtsilä will supply the methanol-fuelled auxiliary engines for five new container vessels for COSCO Shipping Lines Co., Ltd and seven new container...

Dalian iron ore extends gains on China demand hopes, profit-taking caps rise

Dalian iron ore futures prices extended their rise for a second straight session on Thursday, supported by lingering demand hopes in top consumer China,...

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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...