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APM Terminals Mobile to expand by 32 acres

APM Terminals Mobile has signed an agreement with the Alabama State Port Authority to add 32 acres to the current 134 acre container terminal...

Costa Venezia and Costa Deliziosa in Athens

Costa Cruises presents its offer for Greek cruise enthusiasts who during the season will have different opportunities to embark from the port of Athens...

MSC Lirica To Homeport In Piraeus

MSC Lirica has operated from her summer base of Piraeus for the past 6 weeks and owner MSC Cruises has paid tribute to the...

Maersk closes oil rig dismantling unit

AP Moller – Maersk is closing down its oil rig dismantling business launched in 2018. Named Maersk Decom, the company was launched as a 50-50...

Diana Shipping Announces Time Charter Contract for m/v P. S. Palios

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Classic Maritime Inc., for one of...

India raises export duty on iron ore, Chinese reception mixed

India has raised export duties of iron ore raw materials in an attempt to reduce the cost of domestic steel production, according to a...

China iron ore futures jump nearly 7%

Benchmark iron ore futures in China surged some 7% on Monday, tracking their biggest daily jump in two-and-a-half months, after India increased export duties...

Baltic index hits over five-month peak on strong capesize demand

The Baltic Exchange’s main sea freight index rose on Monday, hitting its highest in more than five months on gains in the capesize segment....

Finland leases floating LNG terminal for 10 years to break free from Russian gas

Finland has agreed a 10-year charter for a floating storage and regasification (FSRU) vessel with U.S. based Excelerate Energy (EE.N) to help replace Russian...

BW Offshore: Contract extension for Espoir Ivoirien

BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Espoir Ivoirien. The firm period has been extended...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...