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Gibson Weekly Tanker Market Report [W01]

Whilst 2022 ended with a fanfare, there is now a quieter feel for tanker markets as we step into 2023...

Black Sea shipping rates rise as reinsurers cut cover

Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year,...

Conversions and charter extensions for Bulk Santiago and Bulk Shenzhen

2020 Bulkers has converted the index-linked time charters for Bulk Santiago and Bulk Shenzhen to fixed rate charters for Q1 2023 at a rate...

Suez Canal Open to Foreign Investment, But Will Keep Sovereignty Protected

Egypt’s Suez Canal welcomes foreign investment but foreigners would have no control over the waterway or over a proposed fund that would help to manage its resources,...

Sanctions Could Cut Russia’s Baltic Oil Exports by 20%

Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December, after a Western price...

Dalian iron ore edges higher as China stimulus offers relief

Dalian iron ore edged higher on Thursday, buoyed by hopes of improved steel demand in China in 2023, as Beijing seeks to ensure economic...

Shell-backed consortium confirms EU grant deal for hydrogen-fueled tanker project

A consortium comprising Shell, TECO 2030 and some others has finalized a grant agreement with the EU to retrofit a handysize product tanker with...

Baltic index posts worst day in five weeks on lower vessel demand

The Baltic Exchange’s dry bulk sea freight index fell on Thursday, marking its biggest one-day percentage loss in five weeks, as demand waned across...

Eagle Bulk Announces Transfer of Listing to the New York Stock Exchange

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk segment, announced that it will transfer the listing of its shares from...

Saudi Arabia Invests $2.4 Billion in Key Dubai Ports

Saudi Arabia is buying stakes in three flagship DP World developments in the United Arab Emirates for $2.4 billion, in the latest sign that...

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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...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

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...

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...