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Baltic index rises on higher rates for larger vessels

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday as rates for larger vessel segments...

BASF, SHI collaborate on Carbon Capture & Storage onboard maritime vessels

BASF and Samsung Heavy Industries Co., Ltd. (SHI) will carry out a collaborative feasibility assessment of capturing CO2 onboard maritime vessels using BASF’s OASE®...

EU Ban on Russian Fuel Imports Seen as Boon for Global Tanker Demand

The European Union’s ban on Russian fuel imports is likely to actually increase the world’s need for oil tankers, according to vessel owner Torm...

Exmar Posts Improved First Half Results

EXMAR revenue increased by USD 1.1 million in the first half of 2022 compared to the same period in 2021 and is the combined...

Yang Ming turns cautious on market outlook

Yang Ming Marine Transport Corp has turned conservative about the market’s outlook as it faces pressure from clients to renegotiate freight rates. The world’s...

OPEC+ crude oil output rises but quota shortfall hits record high: Platts survey

Libya’s recovery, along with growth by core Gulf members, drove OPEC+ crude production in August to its highest since April 2020’s price war, according...

Gibson Weekly Tanker Market Report [W36]

The IMO’s carbon intensity indicator (CII) and Energy Efficiency Existing Ship Design Index (EEXI) will come into effect on 1st of January 2023...

Ardmore Shipping to consider building methanol-fueled tankers

Leading tankers’ major, Ardmore Shipping may consider ordering new ships with an option to run on methanol fuel, a senior company executive told S&P...

Jinhui Shipping invests in two ultramaxes

Jinhui Shipping and Transportation has acquired two 2014-built ultramaxes from Nisshin Shipping at a price of approximately 25.37m each. The 63,518 dwt Western Santos...

MSC takes action to reduce risk of container loss

At the SMM trade fair in Hamburg, classification society DNV and global container shipping line MSC Mediterranean Shipping Company (MSC) signed a contract to...

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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...