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Torm Buys Eight LR2 Tankers

Danish shipping company Torm announced it has entered into an agreement to acquire eight secondhand LR2 vessels from an undisclosed seller. Q3 2023 results, dividend...

Hapag-Lloyd posts 77% drop in 9-month net profit, cuts outlook

German container shipper Hapag-Lloyd (HLAG.DE) on Thursday posted a net profit of 3.2 billion euros ($3.43 billion) for the first nine months of 2023,...

Baltic index hits 2-week high as rates climb across vessel segments

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a two-week high on Thursday as demand...

Safe Bulkers net income drops for third quarter in a row

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,...

EuroDry stays in the red in Q3 but loss narrows

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results for the three and nine-month...

Genco Shipping reports loss; executes $500m refinancing

Genco, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months and nine...

Eneos Pays $4 Million to Skip Queue at Panama Canal

A shipper has paid nearly $4 million to jump to the front of the line at the congested Panama Canal waterway, a record high. Japan’s...

International Seaways Expects Strong Tanker Market Going Forward

International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the...

Flex LNG reports increased Q3 earnings; expects tightening market from 2026

Flex LNG Ltd. announced its unaudited financial results for the three months and nine months ended September 30, 2023. Highlights: Vessel operating revenues of $94.6 million...

Weaker capesize rates push Baltic index lower

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell and snapped a three-session winning streak on Wednesday,...

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Mitsui O.S.K. Lines: Second-quarter revenue up 24.5 pct

On November 9, Japanese shipping giant Mitsui O.S.K. Lines announced its financial results for the second quarter of fiscal year 2026. For the three...

DHT Holdings reports third quarter 2026 results

DHT Holdings, Inc. announced third quarter 2026 results.

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...

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...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

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...