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Navios Maritime Holdings Announces $550 Million of Debt Financing

Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, announced that it entered into agreements providing Navios Holdings with a total of...

Intermodal Weekly Market Report [W49]

Moving towards the end of 2021, the ship repair sector ends up unfortunately with the same uncertainty we had while ending the previous year...

Baltic index sees worst day in six weeks as vessel rates falter

The Baltic Exchange’s dry bulk sea freight index fell for a fourth straight session on Tuesday to mark its worst day since early November,...

EuroDry Announces Redemption of Outstanding Series B Preferred Shares

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it provided a notice of redemption...

Scorpio Tankers Announces Update on Financing Activities

Scorpio Tankers announced that it has signed a transaction with Ocean Yield ASA involving the sale and leaseback of two LR2 product tankers, STI...

Wan Hai takes over Yokohama terminal

Wan Hai Lines has signed a contract with Yokohama-Kawasaki International Port Corporation (YKIP) for a 10-year lease of the Honmoku D4 Terminal in Yokohama,...

Containership crew kidnapped by pirates in Gulf of Guinea – reports

According to initial unconfirmed reports, up to nine crew have been kidnapped in a pirate attack on a container ship in the Gulf of...

Kawasaki Heavy Industries Sets Sights on Carbon Neutrality in 2030

Japan’s Kawasaki Heavy Industries said it aims to achieve carbon neutrality in its domestic factories and offices in 2030 by using electricity generated by...

North P&I Club outlines sustainability strategy in inaugural Impact Report

The first North Group Impact Report highlights the Club’s extensive commitments to sustainability and “ambitious but achievable” targets for the years ahead. To provide insight...

China, India solve local coal supply, but seaborne prices stay high

China and India appear to have largely resolved their domestic coal supply issues, but their success in boosting output has yet to be fully...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

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...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«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...

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...