Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.
“The way that supply...
Union locals that represent dockworkers at 36 ports from Maine to Texas have opened contract talks with employers well ahead of the current multiyear...
Russia plans to boost exports of liquefied petroleum gas (LPG) in February to benefit from better profitability than in its domestic market, traders said...
Costamare Inc. reported unaudited financial results for the fourth quarter (“Q4 2022”) and year ended December 31, 2022.
I. RECORD PROFITABILITY FOR YEAR ENDED 2022
2022...
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its five-day losing streak on Wednesday, as gains...
2022 was an exceptionally strong year for Maersk. The unprecedented financial results were driven by solid performance across all businesses during the abnormal market...
Royal Caribbean Group reported fourth quarter 2022 Loss per Share of $(1.96) and Adjusted Loss per Share of $(1.12). These results exceeded the company's...
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, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...
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 Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest.
Total bids amounted to approximately €1.1 billion, making the offering...
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 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 Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...
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 has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...
