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Global Ship Lease Posts Robust Q2 Financial Results

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and six-month periods ended June 30, 2026. Second Quarter of...

Minerva adds to boxship orderbook

Minerva Dry has reportedly placed an order at Heavy Industries, expanding its orderbook to at least 15 boxships under construction in China. Specifically, the company...

COSCO Shipping, Costamare celebrate 20-year partnership

COSCO Shipping and Costamare are marking 20 years of cooperation, commemorating the anniversary of the naming ceremony of the container ship COSCO Hellas. In a...

ABS grants AIP for nuclear-powered 15K TEU containership developed with KRISO and KAERI

ABS has awarded approval in principle (AIP) for a concept design for a nuclear-powered 15,000 TEU containership developed in collaboration with the Korea Research...

Danaos takes delivery of first 8,000-TEU containership

Danaos Shipping Co. Ltd., controlled by Greek shipping magnate Dr. John Coustas, has taken delivery of the M/V Santorini Express, the latest addition to...

Drewry: World Container Index Down 2% Last Week

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, fell 2% to $4,547 per 40ft container. The decrease indicates that...

Greek shipowners expand containership investment

Strong demand and profitability continue to support containerships with capacities between 1,000 and 10,000 twenty-foot equivalent units (TEUs), while the short-term outlook for the...

Maersk announces structural changes to MECL

Following the announcement of the structural change of AE15 and the successful transit of the Majestic Maersk through the Red Sea, the company informs...

ZIM launches new Falcon Service connecting Asia
and the East Coast of South America

ZIM Integrated Shipping Services announced the launch of ZIM Falcon Service (ZFS). The new service, operated exclusively by ZIM, is scheduled to commence September...

Greek shipowners expand container ship orders, led by feeders

The container shipping market is entering a period of deep structural realignment as global trade gradually shifts away from traditional long-haul routes toward more...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading. The...

Seanergy Maritime reports third quarter and nine-month 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...

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.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

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...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...

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...