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Korean Shipbuilders Selected for Qatar LNG Development Project

QatarEnergy has recently selected three shipowners to order eight LNG carriers in its LNG development project. The shipowners and Daewoo Shipbuilding & Marine Engineering...

Pacific Coast port volumes stumble as US demand turns bearish

US West Coast ports reported sliding throughput figures for August as tepid demand for ex-Asian cargoes pressured the market, while US East Coast volumes...

Suez Canal authority to raise transit fees by 15% in 2023

Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, the canal authority’s chairman Osama Rabie said on...

Gibson Weekly Tanker Market Report [W37]

After many months of intense political negotiations, President Biden signed the Inflation Reduction Act (IRA) into law on 16th of August 2022...

Hapag-Lloyd takes 49% stake in Spinelli Group

Hapag-Lloyd and Spinelli Group have entered into an agreement to join forces. The German carrier will acquire a 49% in Italian logistics group Spinelli from...

Maersk Tankers expands executive team

Maersk Tankers is moving to reorganize the business that manages chartering, partner and operations activities. It also announced that it will be adding two...

Seaspan Cancels Shipbuilding Order

Seaspan, a wholly-owned subsidiary of Atlas Corp., announced an update to Atlas' May 17, 2022 press release regarding contracts for four 7,700 TEU dual-fuel...

Port of Los Angeles cargo volume eases in August

After record-breaking cargo volume in 2021 and the first half of 2022, the import surge at the Port of Los Angeles slowed in August....

China’s property sector support buoys iron ore prices

Iron ore futures rose on Thursday, with the Dalian benchmark hitting its highest in more than two weeks, buoyed by China’s intensified efforts to...

Asia’s crude oil imports remain weak as retail fuel prices stay high

Asia’s crude oil imports are on track for another soft month in September, as the world’s top-importing region battles uncertain demand amid high retail...

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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...