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CMA CGM flags tough year ahead as shipping faces overcapacity, falling demand

The container shipping industry is bracing for a challenging year as new vessels boost capacity while demand slows, French group CMA CGM said on...

Contships: Higher revenue and dividend distribution of 20 million dollars in 9 months

Contships Logistics Corp, owned by Nikolas D. Pateras, recorded a 9% increase in its revenue in the nine-month period. Specifically, it reported revenue of...

Hapag-Lloyd: strong growth and solid results after nine months

Hapag-Lloyd achieved a Group EBITDA of USD 2.8 billion (EUR 2.5 billion) in the first nine months of 2025. Group EBIT and the Group...

Evergreen confirms order for 14 LNG dual-fuel container ships

Evergreen Marine has confirmed an order for fourteen 14,000-TEU LNG-fueled containerships, at a cost of approximately $3 billion. The vessels will be built by South...

Global Ship Lease reports third quarter net income of $92.6 million

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and nine-month periods ended September 30, 2025. Third Quarter of...

CMA CGM scraps plan to halt Mali shipments amid safety and fuel risks

CMA CGM has reversed a decision to suspend cargo shipments to Mali over safety concerns and a fuel shortage, the French group said on...

Maersk slides as investors brace for ‘Bleak’ quarters ahead

A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping giant’s full-year profit guidance. Maersk’s underlying earnings before interest, tax,...

A Decade on the Stock Exchange: Hapag-Lloyd marks 10 years of sustainable growth and value creation

Hapag-Lloyd celebrates the tenth anniversary of its listing on the Frankfurt Stock Exchange. Since its IPO in November 2015, the Hamburg-based company has evolved...

Maersk launches its latest and largest warehouse in Asia Pacific

Maersk has officially opened its largest contract logistics facility in Asia Pacific, the Maersk Mega Distribution Centre (DC), boosting its warehouse footprint by more...

ONE reports $285M Q2 profit; forecasts 2H loss

Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025). The revenue for FY2025 2nd quarter was...

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Carnival Corporation outperforms guidance, delivering best ever revenues, net yields and net income

Carnival Corporation announced financial results for the third quarter 2026 and provided an updated outlook. All-time high net income1 of $1.9 billion with adjusted net...

Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

Eastern Pacific Shipping and SUARDIAZ Group strengthen longstanding partnership with delivery of MV RS...

Eastern Pacific Shipping announced the delivery of MV RS Atlantico, marking a significant milestone...

Seanergy participates in Marine Money Week Asia

Seanergy Maritime Holdings President and CEO Stamatis Tsantanis took part in the 25th Marine...

EU’s Kallas says two countries may send ships to counter Houthis

Two countries signaled interest in sending ships to counter Houthi strikes in the Red...

Qatar-linked LNG traffic through Hormuz strait picks up despite conflict

More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait...

Panama Canal announces increase in draft and daily transit

The Panama Canal announced, through an Advisory to Shipping, that it will increase to...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...