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Frontline Posts Higher Quarterly Net Income Since 2Q2008

Frontline plc reported unaudited results for the three and twelve months ended December 31, 2022. Highlights Highest quarterly net income since the second quarter of 2008...

BIMCO – Dry Bulk Market: The way China goes, so goes the market

We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should help solve the country’s...

Intermodal Weekly Market Report [W08]

Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t,...

Drewry: Port Throughput Index Down 3%

The Global Port Throughput Index weakened 3.0% MoM and 0.7% YoY in December 2022m with Greater China the only region that posted annual gains....

Baltic Index marks best month in five on stronger vessel demand

The Baltic Exchange’s main sea freight index posted its biggest monthly percentage gain in five months, supported by higher rates across vessel segments. The overall...

Performance Shipping Announces Termination of At-The-Market Offering

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that it has provided notice of termination of the ATM...

Iron ore exploration budgets inch up to 7-year high – report

Iron ore exploration budgets increased 4% year over year to $713 million in 2022, below the global average growth of 16% in nonferrous exploration....

Insurers count the cost of ships snagged in Ukraine crisis

Insurers are facing half a billion dollars in claims for up to 60 commercial ships still stuck in Ukraine a year after the start...

Seaway7 & Saipem Announce Fixed Offshore Wind Commercial Collaboration Agreement

Seaway7 announced that it has entered into a commercial collaboration agreement with Saipem to jointly identify, bid and execute fixed offshore wind projects. Seaway7 and...

Höegh LNG Holdings expecting future profits from FSRU surge

Höegh LNG Holdings Ltd and its subsidiaries reported a total income of USD 106.1 million and an EBITDA of USD 51.9 million for the...

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Wilh. Wilhelmsen Holding ASA: Share buy back result

Reference is made to the notice issued on 9 November 2026, where Wilh. Wilhelmsen Holding ASA launched an offer to all shareholders to purchase...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

Himalaya Shipping announces preliminary Q3 and nine-month results for 2026

Himalaya Shipping announced preliminary unaudited results for the three and nine months ended September 30, 2026. Highlights for the Third Quarter of 2026 Total time charter...

Flex LNG – Third quarter 2026 earnings release

Flex LNG Ltd. announced its unaudited financial results for the quarter ended September 30, 2026. Highlights: * Vessel operating revenues of $97.4 million for the third...

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...

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...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

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...