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Genco slightly beats analysts’ quarterly profit expectations

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Ukraine Seeking One-Year Grain Deal Extension with New Ports Added

Ukraine will ask Turkey and the United Nations this week to start talks to roll over the Black Sea grain deal, seeking an extension...

United Maritime Expecting Significant Dry Bulk Market Recovery This Year

United Maritime Corporation, announced its financial results for the fourth quarter ended December 31, 2022 and the period from commencement of its operation on...

China boosts Australian coal imports on hopes for more easing of curbs – traders, data

Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed...

Rio Tinto slashes dividend as profit plunges on slower China demand

Rio Tinto more than halved its dividend on Wednesday after posting a 38% drop in annual profit, hurt by weaker iron ore prices as...

Baltic index jumps to over 3-week high on higher vessel rates

The Baltic Exchange’s main sea freight index jumped to the highest in more than three weeks on Wednesday, as rates for all vessel segments...

Euronav Sells Suezmax Cap Charles

Euronav NV (“EURN” or “Euronav”) (NYSE: EURN & Euronext: EURN) has sold the Suezmax Cap Charles (2006 - 158,881 DWT). This sale is part of...

Safe Bulkers To Acquire Japanese Kamsarmax Class Dry-bulk Vessel

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the acquisition of a Japanese,...

BHP eyes demand green shoots in China as profit slumps

Global miner BHP Group (BHP.AX) reported a steeper-than-expected 32% fall in first-half profit owing to a drop in iron ore prices, sending its shares...

ONE completes 4th successful biofuel trial

Ocean Network Express (ONE) is pleased to announce the successful completion of the biofuel trial onboard MOL ENDOWMENT.

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...