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Euroseas to Acquire two 4,250 teu Container Vessels, built in 2005 and 2007

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced that it has agreed to acquire M/V...

Hapag-Lloyd Raises 2022 View

Hapag-Lloyd AG said Thursday that it is raising its outlook for full-year earnings and reported growth in the first quarter. The German shipping company...

ONE reports $16.8bn profit for past year; says outlook is uncertain

Japanese ocean carrier ONE has reported a record net profit of $16.8bn for its financial year ending 31 March – but for the full-year...

Yang Ming Chief Sees Port Bottlenecks Easing

Port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing, according...

OOCL Making Aggresive Grab for Asia-Europe Market Share

OOCL’s first-quarter operational numbers not only confirm the unflagging colossal profitability of the liner industry, but also reveal the Hong Kong-based carrier’s aggressive market...

Port Houston nears 1M TEU mark in 1st Quarter of the Year

Container volume at Port Houston in March totaled 308,557 Twenty-Foot Equivalent Units (TEUs). That brings the total for just the first three months of...

Ever Forward container ship refloated after 1 month

A container ship that was stuck in the Chesapeake Bay for over a month has finally been refloated, officials said. The Ever Forward, operated...

China’s widening COVID curbs threaten global supply chain paralysis

China’s race to stop the spread of COVID-19 is clogging highways and ports, stranding workers and shutting countless factories – disruptions that are rippling...

Drewry: World Container Index Down 1.2%

Drewry’s composite World Container Index decreased by 1.2% to $7,945.31 per 40ft container this week. Our detailed assessment for Thursday, 14 April 2022 The composite...

Russia Faces Drop in Cargo Traffic, Container Shortage as Shipping Lines Pull Out

Russia is bracing for a sharp decline in cargo flows and a deficit of containers after major international container shipping lines halted operations in...

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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...