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Oil could slow declines as supply risks return to fore

A recent oil price decline could slow in the last quarter of the year and into 2023 as focus shifts from concerns over a...

Nordic American Tankers sells 2003-built suezmax tanker

Nordic American Tankers (NAT) announced on Thursday a sales agreement for a 2003-built suezmax tanker: Today we have entered into a sales agreement for a...

Maersk CEO see ‘modest’ pick-up in trade for holiday season

A.P. Moller-Maersk’s chief executive said on Thursday he expects a “modest” pick-up in trade for the upcoming holidays this year amid concerns about the...

Cheniere’s LNG Facility Adds Third Dock to Boost Export Capabilities

Cheniere Energy Inc., the largest US exporter of liquefied natural gas, is preparing to add shipping capacity at its Louisiana terminal that will help...

Iron ore climbs on China construction support, restocking

Iron ore futures rose on Thursday, with the Dalian benchmark contract touching a two-week high, underpinned by increased construction activity in top steel producer...

OPEC+ has begun talks on output cut at Oct. 5 meeting – OPEC source

Leading OPEC+ members have begun discussions about an oil output cut at the group’s next meeting on Oct. 5, three sources told Reuters. One...

Baltic index falls on lower capesize demand

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, extended its decline for the fourth straight session...

Subsea 7 Charters Otto Candies, Bordelon Marine Vessels for GOM Ops

Subsea 7 has entered into four long-term charter agreements with Otto Candies and Bordelon Marine for the deployment of Jones Act-compliant vessels in the...

BOURBON creates offshore wind division

After more than 10 years of installation of the main floating wind farm prototypes in Europe, BOURBON announces the setup of a new division...

Siem Offshore Enters into New 3-Year Contract for OSCV Siem Stingray

Siem Offshore has entered into a new three-year contract for the OSCV Siem Stingray with Subsea7 as charterer. The contract will commence in direct continuation...

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Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

HMM posts 1.4 trillion won profit, fivefold jump

South Korea’s largest shipping company, HMM, reported an operating profit of nearly 1.4 trillion Korean won in the third quarter of this year. Compared...

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Results for the Third Quarter and Nine-Month Period of 2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the third quarter and nine-month period of 2026, which are attached to this...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

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...

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...