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Euroseas posts strong profit; focus on newbuilding deliveries

Euroseas announced its results for the three-month period ended March 31, 2023 and declared a common stock dividend. First Quarter 2023 Financial Highlights: Total net revenues...

Costamare see profit increase in 1Q2023

Costamare reported unaudited financial results for the first quarter ended March 31, 2023 ("Q1 2023").

Danaos Reports Solid First Quarter Results

Danaos reported unaudited results for the first quarter ended March 31, 2023. Highlights for the First Quarter Ended March 31, 2023: Adjusted net income1 of $145.3...

Hapag-Lloyd Q1 2023: good resilience in weaker market environment

Hapag-Lloyd has concluded the first quarter of 2023 with an EBITDA of USD 2.4 billion (EUR 2.2 billion). EBIT decreased to USD 1.9 billion...

Global Ship Lease to Acquire Four Post-Panamax Containerships on Multi-Year Charters

Global Ship Lease, announced that it has agreed to purchase and charter back four 8,500 TEU Post-Panamax containerships with an average age of approximately...

BIMCO: Liner supply falls as operators reduce average sailing speed by 4%

During the COVID-19 pandemic, liner operators increased the average sailing speed by up to 4% due to strong demand and widespread port congestion. Today,...

Euroseas CEO Interview on Fleet Renewal, Business Strategy & Sector Outlook

The Chairman and CEO of Euroseas Ltd., Aristides Pittas discussed with Anna Wichmann of Capital Link TV on the occasion of the recently announced...

DP World reports gross volume growth of 3.7% on a like-for-like in 1Q2023

DP World Limited handled 19.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2023, with...

ONE CEO Says US-China Tensions Add to Global Trade Shifts

Political tensions between the US and China are contributing to lower container shipments between the world’s two largest economies, on top of an already-underway...

HMM to Test Shipboard Carbon Capture on Containership

HMM plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships in cooperation with Samsung Heavy Industries and Panasia. The tests...

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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...