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Seadrill Secures $1.1 Billion Contracts with Petrobras

Seadrill announced that Petrobras has awarded 1,064-day fixed-term contracts to each of the West Auriga and the West Polaris following a competitive bidding process. The...

Shipping firms take first steps towards Red Sea return

France’s CMA CGM is increasing the number of vessels travelling through the Suez Canal, it said on Tuesday, joining Maersk in returning to the...

Maersk schedules dozens of vessels to travel via Suez Canal

Denmark’s Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea in the coming days and weeks,...

Iron ore rises on upbeat Chinese industrial data, demand hopes

Dalian iron ore futures rose for the second consecutive session on Wednesday, as market participants reacted to robust industrial data amid expectation of economic...

Greece joins US-led anti-Houthi naval coalition in Red Sea  

Defense Minister Nikos Dendias announced Greece’s participation with a Hellenic Navy frigate in the multinational Operation Prosperity Guardian, for the protection of merchant ships,...

Port Hedland Iron Ore Exports Down 5% In November

Pilbara Ports delivered a total monthly throughput of 61.5 million tonnes (Mt) for November 2023. This throughput was a four per cent decrease compared to...

Performance Shipping Secures Two Year Time Charter Contract With Oil Major

Performance Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Marathon Maritime Company, a wholly-owned subsidiary...

More ships to avoid Red Sea as attacks disrupt world trade

Germany’s Hapag-Lloyd and Hong Kong’s OOCL said on Thursday they would avoid the Red Sea, the latest shipping companies to do so after attacks...

Wilhelmsen and MPC Capital acquire Hamburg-based ship manager Zeaborn

Wilhelmsen Ship Management (“Wilhelmsen”), a provider of third-party ship management services headquartered in Singapore, and Hamburg-based asset manager MPC Capital have agreed to acquire...

Baltic index drops for seventh straight session as capesize rates slip

The Baltic Exchange’s dry bulk sea freight index extended declines for a seventh consecutive session on Thursday, pressured by weaker rates for capesize shipping...

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Global Ship lease reports results for the third quarter of 2026

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and nine-month periods ended September 30, 2026. Third Quarter of...

Safe Bulkers announces Q3 & 9M 2026 results and declares dividend on common stock

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and nine-month periods ended September 30,...

Havila Shipping ASA: Request from DNB, Swedbank and Danske Bank for Attachment Liens

Reference is made to the stock exchange announcement dated 19 October 2026 regarding the ruling by the Borgarting Court of Appeal in favour of...

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...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

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...

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...