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P&O Ferries sacks 800 staff; unions threaten standoff

Britain's P&O Ferries on Thursday made 800 staff redundant with immediate effect and suspended crossings for the next few days, sparking a backlash from...

US appetite for Far East imports to face test

During the pandemic retail sales and personal savings have been increasing in tandem and supported US consumer demand for imports from the Far East....

Stimulus hopes drive rally in China ferrous futures, iron ore leads

Chinese ferrous futures rose for a second straight session on Thursday, with benchmark Dalian iron ore advancing by more than 5% on renewed hopes...

Baltic index edges down on capesize dip

The Baltic Exchange’s dry bulk sea freight index inched lower on Thursday as a drop in the larger capesize segment countered gains in panamax...

A rush of Brazilian sugar cargoes unusually heads to Russia – data

At least five vessels are headed toward Russia with nearly 200,000 tonnes of Brazilian raw sugar sold by European traders, according to shipping data...

Seaspan agrees charter extensions for 18 containerships

Seaspan, a wholly-owned subsidiary of Atlas, announced that it has entered into an agreement with a major European liner customer to forward fix contracts,...

Seanergy and NYK Line Announce Successful Completion of Biofuel Trials on a Capesize Vessel

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced that it has successfully completed marine biofuel trials in cooperation with one of its major charterers, NYK...

Capital Maritime orders containership quartet at Hyundai Mipo

According to latest broker reports, Greek owner Capital Maritime has inked a deal with Hyundai Mipo for the construction of four 2,800-teu units at...

Greeks rule global LNG carrier market

At a time when energy security is becoming of paramount significance, Greek-owned shipping is playing a strategic role in international maritime transport of liquefied...

Hellenic Petroleum deal for additional Saudi oil quantities

Hellenic Petroleum, Greece’s biggest oil refiner, has clinched an initial deal to get additional crude oil supplies from Saudi Arabia, two sources from the...

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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...