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Navios Partners Reports Financial Results for Third Quarter and Nine Months Ended September 30, 2023

Navios Partners reported its financial results for the third quarter and nine month period ended September 30, 2023. Angeliki Frangou, Chairwoman and Chief Executive Officer...

Okeanis Eco Tankers Files for NYSE Listing

Okeanis Eco Tankers is pursuing a listing on the New York Stock Exchange. Specifically, the shipping company has filed for direct listing on the New...

Maersk cutting at least 10,000 jobs as shipping boom unravels

A.P. Moller-Maersk, reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the...

Biden Administration Invests Over $650 mln in US Ports to Strengthen Supply Chains

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port...

Britain To Legislate For Annual North Sea Oil And Gas Licence Rounds

The British government plans to legislate to mandate annual North Sea oil and gas licensing rounds, in a move Prime Minister Rishi Sunak says...

Royal Caribbean Alters 2024 Cruise Itineraries To Avoid Israel

Royal Caribbean Group is removing Israel from its 2024 itineraries due to the Israel-Hamas war, according to an email sent to travel agents on...

Shipbuilding: LNGC orders to rise, revenue to grow

Combined new orders for the three major domestic shipbuilders in 2023 are expected to exceed guidance. Orderbooks should expand in 2024, led by strong...

Matson performs well in challenging environment

Matson reported net income of $119.9 million, or $3.40 per diluted share, for the quarter ended September 30, 2023.  Net income for the quarter...

Sale of Höegh Bangkok and purchase of Höegh Jacksonville

Höegh Autoliners ASA, has reached an agreement for the sale of the vessel Höegh Bangkok (IMO 931847) for a price of USD 63,000,000. Höegh...

INTERCARGO meets in Athens and celebrates record membership

Members of INTERCARGO met in Athens last week for the Association’s Annual General Meeting, Executive Committee and Technical Committee meetings, with record attendance observed...

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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...